by Mario Toneguzzi | Jul 25, 2023 | News
The Canadian luxury real estate market has been experiencing a wave of challenges, particularly for high-profile professional athletes, executives, and global talent seeking to purchase homes in the country. Despite recent amendments to the country’s recently...
by Jordana Springgay | Mar 28, 2023 | News
Only months after it first took effect, the Canadian government announced amendments to the regulations surrounding the country’s foreign homebuyer ban. The Prohibition on the Purchase of Residential Property by Non-Canadians Act came into effect on Jan.1, as...
by Jordana Springgay | Mar 2, 2023 | News
Canada’s foreign homebuyer ban may have unintended consequences that could harm the real estate market and beyond, warns Benjamin Tal, managing director and deputy chief economist for CIBC Capital Markets Inc. The “Prohibition on the Purchase of...
by Jonathan Cooper | Sep 22, 2023 | Guest Columns
Topics related to housing affordability prevail in political campaigns, media headlines, and social conversations. This is a manifestation of a long-term challenge facing Canadians: for over two decades, housing costs have been consuming a progressively larger...
by Emma Caplan-Fisher | Jun 28, 2023 | News
The rental market sure is having a moment. Since the Bank of Canada’s interest rate hikes began last year, many prospective homebuyers have opted to rent instead. This demand boost, paired with constrained rental supply and already low vacancy rates, has created...
