The Bank of Canada, this morning, released its January Monetary Policy Report (MPR), showing they expect to keep overnight interest rates at its “effective lower bound” of 0.25% until 2023 (see chart below). To reinforce this commitment and keep interest rates low across the yield curve, the Bank will continue its Quantitative Easing (QE) program–buying…
Hope you are having a fantastic start of the year! If you are a Vancouver property owner, the deadline for the declaration of your Empty Homes Tax is on February 2, 2021. Make sure that you hit the deadline! Please note that the City’s Empty Homes Tax is separate from the provincial government’s Speculation and…
Motivated by low interest rates, last year people across the U.S. were on the move to wherever their telecommuting hearts desired. But will the trends continue in 2021? Those looking to buy or sell a home in early 2021 might want to keep in mind the three “I’s”: Interest rates, inventory and internet access (and…
RE/MAX earned praise and recognition from Forbes, REAL Trends, Entrepreneur Magazine, HousingWire and more. We can all agree that 2020 was like one big FSBO deal: The year started out strong and then everything turned on a dime. Despite the pitfalls and uncertainties, RE/MAX agents powered through – many having their best professional years to…