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BOC’s Latest Rate Announcement
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On April 10, 2024, the Bank of Canada announced it was keeping its overnight rate target at 5%, alongside a Bank Rate of 5.25% and a deposit rate of 5%. ...

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Toronto’s Commercial Real Estate Update
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An Altus Group study found that, in the final quarter of 2023, the Greater Toronto Area (GTA) witnessed a total dollar volume of $22.8 billion in 2023’s ...

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Five Mortgage Highlights from the Bank of Canada’s Latest Update
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The Bank of Canada (BoC) held its policy rate steady last week, as expected. That means the lender prime rates on which our variable mortgage rates are ...

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Vancouver’s Commercial And Office Real Estate Update
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Amidst macroeconomic challenges, Vancouver was the most preferred market by investors in the fourth quarter of 2023, followed by Toronto and Ottawa In ...

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BCREA’s Proposed Alternative To The Home Buyer Rescission Period
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On January 3, 2023, the B.C. government implemented the Home Buyer Rescission Period (HBRP) for residential real estate transactions.  This “cooling-off ...

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Why Axiom’s MFT Structure Is A Win-Win For Real Estate Developers And Investors
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Traditional investment structures play an important role in real estate, but they often have limitations that impact both developers and investors, ...

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Dos And Don’ts Of Investing In Metro Detroit Real Estate
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The Metro Detroit area is diverse and dynamic, and offers real estate investment opportunities to match. With its unique mix of affordability, growth ...

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Temporary Worker Levels And Potential Condo Impacts
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On March 21, 2024, Immigration, Refugees and Citizenship Canada made an announcement regarding temporary residents. While recognizing the contribution ...

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New Rules Rolling Out On May 1, 2024
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Significant legislative changes to short-term rentals in BC are coming into effect on May 1, 2024. The Short-Term Rental Accommodations Act, which ...

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Announcement Of A New Canadian Renters’ Bill Of Rights
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On March 27, 2024, Prime Minister Justin Trudeau announced that there would be measures coming out in Budget 2024 aimed at helping renters and making it ...

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