Mazin Al Shakarchi Real Estate

08/02/2024

https://stories.td.com/ca/en/article/bank-of-canada-july-2024-rate-cut

For the second time in 2024, the Bank of Canada is cut its overnight lending rate, setting a new benchmark rate of 4.5%.

06/21/2024

Very interesting

In the midst of a housing supply crisis, thousands of condos in Canada's largest cities are sitting empty. Most, experts say, are less than 500 square feet. ...

06/15/2024

06/11/2024

https://youtu.be/fRijYI7kod8?si=5L6nU-oX36HDpzIe

After the most aggressive series of interest rate hikes in the country’s history, the Bank of Canada has finally dropped its key interest rate. CBC’s Peter A...

08/03/2023

https://www.trrebwire.ca/index.php/2023/08/03/gta-real-estate-market-more-balanced-in-july/?fbclid=IwAR2sbydqMn7qMUasomZcRn4QfwSSXSeuLCnGMVBauI_FGPdQa5S1kMor82Y

TORONTO, ONTARIO, August 3, 2023 – Greater Toronto Area (GTA) home sales, new listings and home prices were up in July 2023 in comparison to July 2022. On a seasonally adjusted basis, theRead More...

06/22/2023

Retail sales rise and house prices rebound, but that may not be such happy news. Inflation means we're spending more to get less stuff. And central banks may feel compelled to play spoilsport.

05/06/2023

https://www.cbc.ca/news/canada/toronto/ontario-ombudsman-report-landlord-tenant-board-1.6830181

A "perfect storm" of factors including the 2018 election, inefficient practices and the COVID pandemic has left Ontario's trouble-plagued Landlord and Tenant Board (LTB) "fundamentally failing" to provide swift justice, the province's ombudsman says.

03/26/2023

https://financialpost.com/real-estate/toronto-laneway-sparks-real-estate-drama?fbclid=IwAR0ckZ_AYmQBp4qW-HRWPi1iYJMf9Qm4NOXLQEJhIsDSbZhHmWx8kSegk7g

A real estate legal battle unfolds after a tiny Toronto laneway is discovered to be owned by a long-dead Canadian. Find out more

03/25/2023

CREA’s Senior Economist Shaun Cathcart provides an update on the current state of housing markets in Canada and explains what the data means for members.