Selling your home for the 1st time? What to know from costs to staging

From Global News

Hope for interest rate cuts on the horizon has some real estate forecasters predicting a busier spring housing market as Canadians prepare to either buy or sell a home.

While buying a home in Canada can come with a wave of emotions and costs that can overwhelm first-time buyers, the same goes for sellers. Read more…

Metro Vancouver ‘toughest’ rental market in Canada, says CMHC

From Western Investor

Renters in Metro Vancouver are facing an uphill battle as they navigate rising prices and one of the lowest vacancy rates in Canada.

That’s according to a new report from the Canada Mortgage and Housing Corp. (CMHC) that shows vacancy rates for the region remained unchanged last year at 0.9 per cent when compared with 2022. Read more…

How Government Bond Yields Relate to Mortgage Rates

From Remax Blog

Are Canadian government bond yields headed lower in 2024?

This is the expectation now that the Bank of Canada (BoC) is widely anticipated to cut interest rates early next year, according to investors in the futures market. After the benchmark ten-year yield topped 4.25 percent in October, the bond has slumped below 3.5 percent. The same performance was seen with short- and long-term debt instruments. Read more…