Real estate

Housing affordability at worst level since 1990: RBC Fallback Image Decorative pattern

Economic Indicators

Housing affordability at worst level since 1990: RBC

Housing affordability eroded in Canada for a ninth consecutive quarter, according to RBC Economics Research, reaching the worst level since 1990 and breaking records in specific markets. RBC’s housing trends and affordability report calculates the share of household income required to carry the costs of owning a home at market price. The number rose to […]

By Staff |December 21, 2017

2 min read

Why millennials won’t be main boon for Canadian housing Fallback Image Decorative pattern

Economic Indicators

Why millennials won’t be main boon for Canadian housing

Immigration will be a strong driver in the medium to long term

By Staff |December 15, 2017

2 min read

CRA investigation leads to tax evasion sentence for B.C. developer Fallback Image Decorative pattern

Industry

CRA investigation leads to tax evasion sentence for B.C. developer

A B.C. resident pleaded guilty Friday to tax evasion under the Excise Tax Act after a CRA investigation found she had forged a Residential Tenancy Agreement (RTA). Harpreet Kaur Sidhu of Burnaby, B.C., was sentenced to 12 months probation and fined $42,950—the amount of GST/HST she tried to evade, CRA said in a release. Sidhu […]

By Staff |December 11, 2017

1 min read

Looking at real estate? Go global Fallback Image Decorative pattern

Economic Indicators

Looking at real estate? Go global

Unfurl the map to take advantage of uncorrelated property cycles

By Katie Keir |November 23, 2017

2 min read