Majority of buyers are purchasing home outside urban areas to have more living space and increased privacy.

Buying a second property can prove to be useful and can expand the financial portfolio of the investor and ensure financial stability.

The province of Ontario must develop 1.5 million homes over the next ten years in order to increase housing density.

Housing shortage pushes prices to a record high in January. The average pricing has increased by $51,900 in The GTA and $25,000 in Vancouver.

Bank of Canada issued a press release stating they have increased overnight rate to 0.5% with Bank Rate at 0.75% and the deposit rate of 0.5%

To combat the three-decade high inflation, the Bank of Canada’s first rate hike since 2018 will increase by 25 basis points on March 2.