The Bank of Canada cut its key interest rate by a quarter-percentage-point on Wednesday and warned of an impending economic downturn as the trade war with the United States rattles consumer and business confidence.
For the first time in four months, home sales in the Fraser Valley have increased as buyers capitalize on more selection and weakening prices.
After a 46 per cent year-over-year increase of new listings in January, the number of newly listed properties on the MLS® in Metro Vancouver* rose more moderately in February helping keep market conditions in balanced territory.
Home buyers continued to benefit from substantial choice in the resale market in February 2025. Home sales last month were down in comparison to the same period last year, while listing inventory remained high, providing substantial negotiating power for homebuyers.
Many taxpayers overpay their taxes simply because they fail to claim some of the common deductions and credits they are entitled to. As a homeowner, there are several home tax deductions and credits that you can claim.
The laws covering property ownership may differ from province to province in Canada. In general (aside from sole ownership) there are five basic ways for two or more individuals to own real estate.
Before you fall in love with a home, you should ensure that you qualify for a mortgage so you have the peace of mind of knowing that your financing has been arranged.
Hot water usage in Canadian households consumes between 15 and 30% of a home’s energy demand. Surprisingly, the technology used to heat water is traditional and highly inefficient when compared to the tankless or on-demand technologies now used regularly in Europe and Asia.
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