Bank of Canada Calls Soaring House Prices in Toronto and Vancouver “Unsustainable”
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Bank of Canada Calls Soaring House Prices in Toronto and Vancouver “Unsustainable”

There’s no slowdown in sight for home prices in Vancouver and Toronto, and that has the Bank of Canada worried. Here’s what Governor Stephen Poloz is saying about its impact on our local and greater economies. Continue reading »

Itching to Flip: The Ins and Outs of Investment Properties

Itching to Flip: The Ins and Outs of Investment Properties

Professional flippers will buy, fix and flip a property in 6 weeks – sometimes less. The fewer mortgage payments they have to make, the better. Thanks to the likes of HGTV, home renovation shows have the general population thinking that you can flip a home and make a profit at any time. Unfortunately, that’s just not true. There’s so much more to it than just buying a house, fixing it and flipping it. Continue reading »