Real Estate in the News

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Our weekly wrap-up of the real estate news stories that are important to you.

When are my taxes due? –
Tax season has started. Do you know the tax filing due dates as a self-employed real estate professional?

Why the Bank of Canada rate cut may not bring down mortgage costs –
The sudden and unexpected rate cut this week by the Bank of Canada may not translate to lower mortgage costs. We will have to wait and see if the banks pass along the savings. And you can read this Toronto Star story as analysts weigh in. And could there be further interest rate cuts in the near term?

Listings shortage drives Toronto home prices sharply higher –
The squeeze on inventory causes house prices to rise adding to the pressure on the Toronto housing market. Also read “Steady growth expected for Canada’s housing market in 2015“.