Clarrie Feinstein

Economists are now forecasting that a 0.5 per cent drop could occur with the rate announcement later this month.

Conditions have tipped in favour of buyers, as the luxury condo market sees a similar inventory increase as the under-$1 million market, Sotheby's says.

Conditions have tipped in favour of buyers, as the luxury condo market sees a similar inventory increase as the under-$1 million market, Sotheby's says.

Conditions have tipped in favour of buyers, as the luxury condo market sees a similar inventory increase as the under-$1 million market, Sotheby's says.

The 50-basis-point drop could nudge enough people off the sidelines that a hot market is on the horizon.

The Tax Court of Canada recently ruled that the sale of a condo unit rented out on Airbnb for a number of short-term leases was subject to the tax, which could amount to tens of thousands of dollars for homeowners.

More than 1 million homeowners who signed on during rock-bottom rates to see 'significantly higher interest rates,' says a new CMHC report.

More than 1 million homeowners who signed on during rock-bottom rates to see 'significantly higher interest rates,' says a new CMHC report.

Sales across all property types jumped with detached home sales up 46%, semi-detached by 44%, townhouse by 56% and condos by 33.4%.

Brianne and Doug Hamilton say having to pay a 13% tax on the sale of their rental properties is one of the reasons they diversified south of the border.