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Canada’s housing market is stronger than it looks

Canada’s housing market is stronger than it looks

Why Canada’s housing market is stronger than it looks – and recovery is just around the corner Naomi Oliver January 21, 2023   It’s hard to imagine the housing market being any weaker than what we’re going through right now. But the market is stronger than it looks. And that will become clear later this year […]

Bank of Canada increases policy interest rate by 50 basis points

Bank of Canada increases policy interest rate by 50 basis points

The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at 1¾% and the deposit rate at 1½%. The Bank is also continuing its policy of quantitative tightening (QT). Inflation globally and in Canada continues to rise, largely driven by higher prices for energy and food. In […]

Key changes to Real Estate & Business Broker Act

Key changes to Real Estate & Business Broker Act

Ontario Government announces key changes to Real Estate & Business Broker Act effective next year New rules aim to increase consumer confidence and protection RECO is pleased to announce that the provincial government is making important changes to the law that governs real estate registrants (agents and brokerages) in Ontario. The changes will strengthen consumer […]