As Interest Rates Rise, How Likely is a Recession? Depends on Who You Ask
Whether or not the economy is set to experience a recession is a growing question in the minds of consumers and economists alike. However, it’s clear that rising interest rates are set to cool both the housing market and consumer spending, while other key indicators are starting to flash warning
Canadian Real Estate Cooldown Is Just Getting Started: BMO
Canadian real estate has another indicator showing higher rates are tempering the market. A new analysis from BMO Capital Markets shows housing-related retail sales fell in April. They attribute this to higher rates, and see this as a direct follow up to falling real estate sales. Activity remains elevated but BMO sees
Toronto City Council Unanimously Approves 920 New Affordable Rental Homes
Toronto is getting nearly a thousand new affordable rental homes through its Open Door Affordable Housing Program. Today, Toronto City Council unanimously approved the results of the 2021 Open Door Affordable Rental Housing Call for Applications. A total of 17 affordable rental housing projects, representing approximately 920 affordable rental homes, were
Meet Nathan Levinson- The Global Business Tycoon, Who Built His Empire On His Own Terms
Once Thomas Alva Edison said- Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Just like Time never stops for anyone, you should also never stop for anyone in your life, you should consistently focus on your work
How Ontario Home Prices Have Changed Under the Last Three Governments
Housing affordability has been a major talking point in the build-up to the Ontario election. As home prices have sky-rocketed throughout the last two years during the pandemic, each party has outlined their promises to make housing affordable ahead of the provincial election. Rising prices, however, are not just a symptom of