Rate Decision Eve: Why This Week Changes the Math for Downsizers

Bank of Canada expected to hold as debate shifts to timing of rate hikes The Bank of Canada is widely expected to hold its policy rate at 2.25% this week, but economists remain divided over how soon the central bank may need to begin raising rates. The Bank of Canada is expected to keep its policy r

Zillow will begin banning noncompliant listings on June 30

Zillow’s now enforcing its listings ban: 3 things to know As of June 30, home listings that aren’t widely available may be kept off the nation’s top search site, prompting a lawsuit from Compass and praise from others. Zillow's new listing standards, announced in April, have set off waves of reactio

Federal Liberals quash probe into B.C.’s condo buyout plan

The federal government will not be investigating the decisions that led to the B.C. vacant condo buyout plan. Some Conservative MPs recalled the Commons Ethics Committee and demanded the probe during a meeting on Tuesday, but were shut down. The hope was to call on ministers, developers and others t

Rate Hold, Inflation Spikes, and Housing Cuts: What BC Buyers Should Do Right Now

What to expect from July's Bank of Canada interest rate update Another Bank of Canada (BoC) interest rate update is scheduled this month, and you may be bracing yourself for the Crown corporation’s latest decision. In June, Canada’s central bank held its key interest rate at 2.25 per cent for the fi