Zillow to feature Canadian Century 21 listings this year

Melanie ConsMortgage Talk Canada

For now, Seattle-based real estate mega site Zillow is targeting only American eyeballs for Canadian properties through a new deal that gives it a direct feed to Century 21 Canada listings. The company announced Wednesday that it expects to feature Canadian real estate, including the Century 21 listings, later this year. The Zillow Group’s sites and apps, including Zillow.com and Trulia.com, … Read More

Recreational housing market to heat up this summer: Royal LePage

Melanie ConsMortgage Talk Canada

Canada’s recreational housing market is expected to boom over the summer season despite a softening in urban markets, according to a new report from Royal LePage. The Royal LePage Recreational Properties Survey, published Wedneday, forecast the average price for a second home in Canada will increase 5.8 per cent year-over-year to $467,764 in 2018, fueled mostly by Generation X (between 36 to … Read More

Bank of Canada Announcement

Melanie ConsMortgage Talk Canada

Today, the Bank of Canada announced that it is maintaining the overnight rate target at 1.25%. The Bank notes that it will continue to assess the economy’s sensitivity to interest rate movements and the evolution of economic capacity and take a gradual approach to policy adjustments, guided by data. We will continue to keep you informed on any further developments.