Tag: economy
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Canada CPI inflation falls to 2.9% vs. 3.3% expected
Mortgage interest costs continued to be the #1 driver of inflation Recent data from Statistics Canada reveals a decrease in the inflation rate for January to 2.9% from December’s 3.4%, which was below the expected 3.3%. This change is significant for those interested in the Ontario housing market, suggesting a shift in economic conditions. Highlights…
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Here’s how much Canadian home prices have changed in the last decade
Canada’s real estate market, particularly in Toronto, has witnessed a tumultuous decade, marked by an unusual combination of dwindling sales, fluctuating prices, and persistent overvaluation. Despite these challenges, home prices have continued their steep ascent, defying expectations and economic pressures. A recent report by Zoocasa offers a comprehensive look at this phenomenon, especially focusing on…
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Top 10 Cheapest places to live in Ontario with the Best quality of life
Ontario is known for its diverse natural landscape, which includes provincial parks, forests, and four of the five Great Lakes. As Canada’s second-largest province, Ontario has a real estate market that is relatively lively but somewhat more expensive compared to other provinces. However, similar to other Canadian regions, housing prices in Ontario vary from city…
Canada Housing Market 