Bank of Canada Governor Stephen Poloz still frets about ultra-low inflation â€“ just not quite as much as he did a couple of months ago.
And with that subtle shift in Mr. Poloz's worry-meter, economists reckon the odds of an interest rate cut just got a lot longer Wednesday as the central bank left its key overnight rate unchanged at 1 per cent.
Staging is like a cosmetic makeover for a home, often removing lived-in furniture, painting over walls with neutral colours and adding eye-catching aesthetics. The real estate industry estimates staging a home can add between six and 15 per cent to the asking price.
Canadian home prices rose to a record high in January as Vancouver prices surged, the Teranet-National Bank Composite House Price Index showed on Wednesday, even as other housing indicators have shown a cooling market. The index showed national prices rose 0.4% last month from December, the largest monthly rise in five months. They had risen 0.1% in December.
Do your research if you’re thinking of buying a rental property as an investment and to create income. Before you start looking, know how you plan to finance your purchase. You must have a down payment of at least 20% of the purchase price when buying a property that is not your main home.
Shortage of new listings across the Toronto region is blamed for 2.2-per-cent decline in home sales in January. Prices are up, however.
Royal LePage York North Realty, Brokerage
- Independently Owned and Operated - 17360 Yonge Street - Newmarket, Ontario, L3Y7R6 Phone 905-836-1212 Fax 905-836-0820 Email: firstname.lastname@example.org
Not intended to solicit properties currently listed for sale
or individuals currently under contract with a brokerage.
The material provided in the pages of this website
is for informational purposes only. Although the site owner and creators assume the
information to be correct, and attempt to keep information in the
pages of this website as current as possible, they do not warrant the
accuracy or completeness of any information included in or linked to this page.