Real Estate in the News

Posted by:

Real estate news stories that we’ve been following this week.

Bank of Canada stands pat, keeps interest rate at 0.75%
Interest rates remain at 0.75% with a possible change based on the loonie’s performance in the coming months.

Vancouver real estate prices pushing millennials to leave city: report
With ever rising home prices will we see vancouverites fleeing their fair city? And is Toronto also seeing this race to the suburbs? Also read “In Toronto, it’s the season of the bully“.

Inflation rate at 0.8%, lowest rise since 2013
Cheaper energy prices help to lower the annual rate of inflation in April despite the rises in the price of meat, insurance and telephone services. Also read “Will the Latest Inflation Data Impact the Bank of Canada’s Monetary Policy?“.

Artificial turf: Homeowners risk fine for ‘year-round’ grass
Does having an artificial turf lawn add to the curb appeal and low maintenance that some home owners appreciate? Then why are there bylaws against the fake lawns?