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Bank of Canada Report Finds 19% of Homebuyers are Investors

Bank of Canada Report Finds 19% of Homebuyers are Investors

by Zohreh Fayaz | Jan 24, 2022 | Announcements, Blog, Economy, Homeownership

New Bank of Canada (BoC) findings reveal that investors account for 19% of home purchases dating back to 2014 – steadily outpacing other types of homebuyers during the pandemic.    The report, Housing Demand in Canada: A novel approach to classifying mortgaged...
Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program

Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program

by Zohreh Fayaz | Jul 15, 2021 | Announcements, Blog

The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance on the path for the overnight rate....
Budget 2021 Reveals Little Change to Housing

Budget 2021 Reveals Little Change to Housing

by Nick alafogiannis | May 7, 2021 | Announcements, Blog, Economy, Finance

Labelled one of the most widely anticipated and important budgets of our time, Budget 2021, delivered on April 19th, lived up to its promise. The first budget in over two years and first since the outbreak of the global pandemic, Budget 2021: A Recovery Plan for Jobs,...
Enhanced Protection Introduced for New-Home Buyers in Ontario

Enhanced Protection Introduced for New-Home Buyers in Ontario

by Zohreh Fayaz | Feb 19, 2021 | Announcements, Blog, Homeownership

For many Ontarians, buying a new home represents a more suitable option than buying resale. The residential construction industry represents one of the largest sectors in the country, with the Canadian Home Builders’ Association reporting that 25% of all homes...
Enhanced Protection Introduced for New-Home Buyers in Ontario

Enhanced Protection Introduced for New-Home Buyers in Ontario

by Zohreh Fayaz | Feb 19, 2021 | Announcements, Blog, Homeownership

For many Ontarians, buying a new home represents a more suitable option than buying resale. The residential construction industry represents one of the largest sectors in the country, with the Canadian Home Builders’ Association reporting that 25% of all homes...
Becoming a First-Time Homebuyer & Landlord at Once

Becoming a First-Time Homebuyer & Landlord at Once

by Zohreh Fayaz | Nov 20, 2020 | Announcements, Finance, Homeownership, Mortgage

Becoming a First-Time Homebuyer & Landlord at Once   In Canada, there are nearly 4.5 million adults and families who live in rental housing – representing approximately one third of total households. If you’re looking to purchase a home, particularly your...
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