Increasing Housing Supply Since 2019, Ontario housing policy has taken aim at building more homes to support the growing population in Canada. Albeit their aims, municipalities are concerned with provincial oversight over local developments. In response, the Ontario government is actively working on the Housing Supply...
Read MoreMarch 2022
As of February 2022, the average price of Ontario homes has set record highs, having surpassed the $1M mark for the first time as new houses in the province continue to appreciate. Likewise, Ontario MLS® home sales recorded their second highest February ever, as the...
Read MoreOn March 2nd 2022, the Bank of Canada increased interest rates for the first time since 2019; overnight rates increased to 0.5%, interbank rates to 0.75%, and the deposit rate to 0.5%. With rates on the rise and Royal Bank of Canada senior economist Robert...
Read More