“Sticky” core inflation raises the odds of a January rate hike: economists

“Sticky” core inflation raises the odds of a January rate hike: economists

Houses for sale in Ottawa Canada’s headline inflation reading continued to fall in November, but core inflation rose, increasing the potential for an additional Bank of Canada rate hike in January. The headline Consumer Price Index (CPI) continued to slow to an annual growth rate of 6.8% in November, just a tick down from 6.9% […]

This Oceanfront Property is One of Nova Scotia’s “Rarest Gems”

This Oceanfront Property is One of Nova Scotia’s “Rarest Gems”

Houses for sale in Ottawa Standing solo in almost 20 acres of coastal coniferous forest with the ocean at its doorstep, this Nova Scotia abode is the quintessential escape from urban life. The home itself is quite literally a work of art, coined in a recent listing as one of Nova Scotia’s “rarest gems.” 71 […]

Lip Sync Battle Niagara raises nearly $12,000 for local women’s shelter

Lip Sync Battle Niagara raises nearly ,000 for local women’s shelter

Houses for sale in Ottawa For the first time in more than two years, the 7th annual Lip Sync Battle Niagara was held in person in support of the Royal LePage Shelter Foundation. In total, $11,860 was raised for local shelter Women’s Place of South Niagara. Justin Preston, advocate and founder of Rise Against Bullying, […]

What’s Open and Closed In Toronto on New Year’s Day

What’s Open and Closed In Toronto on New Year’s Day

Houses for sale in Ottawa Toronto Toronto Written By Laura Hanrahan Published: 9:14 AM Dec 30, 2022 The year is all but finished, and as you look to throw together some festive plans for the last weekend of 2022 (and the first one of 2023) knowing what will be open and closed on New Year’s […]

2022 in review: Part 2

2022 in review: Part 2

Houses for sale in Ottawa HomeEquity Bank recaps the second half of 2022 in Specialized Lending as the New Year approaches Source link Ottawa New Listings

2023 housing and interest rate forecasts

2023 housing and interest rate forecasts

Houses for sale in Ottawa Rising interest rates in 2022 drove home sales and prices lower, though price declines have so far been somewhat modest compared to the run-up in prices in recent years. But what does 2023 hold in store? Below, we’ve compiled an assortment of forecasts, with some predictions for relatively flat-lined growth, […]

Deepest decline in home prices expected in Q1 2023: Royal LePage

Deepest decline in home prices expected in Q1 2023: Royal LePage

Houses for sale in Ottawa According to Royal LePage, Canada’s national aggregate home price will end 2023 one per cent below the fourth quarter (Q4) of 2022.  Based on the data shared in the Royal LePage Market Survey Forecast, double-digit year-over-year declines are expected in the first quarter of 2023, with modest quarterly price growth […]

December 30 to January 1

December 30 to January 1

Houses for sale in Ottawa Written By Erin Nicole Davis As we enter the last weekend of the year, some prefer to lay low and reflect, while others would rather get out and take full advantage of the long weekend — one that straddles 2022 and 2023.  For those looking to hit the town, Toronto […]

Recapping a lot of ground covered by Community Trust in 2022

Recapping a lot of ground covered by Community Trust in 2022

Houses for sale in Ottawa Grant forecasted a greater embracing of technology, the development of new processes, the advent of new situations, and a need for extended support, adding that these changes are “not slowing down in 2022 and definitely not in the future.” Following the height of the pandemic, there was significant transformation in […]

Leading proptech companies share insights at OREA’s Reality Conference

Leading proptech companies share insights at OREA’s Reality Conference

Houses for sale in Ottawa Real Estate Magazine was excited to attend this year’s OREA’s Reality conference in Toronto.  One of the panels we observed was Real Estate Tech and Innovation: What’s How, What’s Not, and Where We’re Headed.  These panellists are at the helm of companies leading the way in innovating proptech and the […]

BC Gov Increasing Residential Tenancy Branch Budget By 40%

BC Gov Increasing Residential Tenancy Branch Budget By 40%

Houses for sale in Ottawa On Wednesday the Province of British Columbia announced that it would be increasing the operating budget and staffing of the BC Residential Tenancy Branch (RTB) by 40%, in hopes that the increase will greatly improve wait times and services. The RTB’s operating budget for 2022-2023 is approximately $11.5M and will […]

Room for optimism on Canada house prices, says EVP

Room for optimism on Canada house prices, says EVP

Houses for sale in Ottawa Compared with the period of red-hot activity that gripped Canada’s housing market for nearly two years after the onset of the COVID-19 pandemic, the dip in average prices in 2022 has been stark. Teranet-National Bank’s home price index has fallen 9% across the board since May, with Toronto – typically […]