June 2023

Construction trades        a good career path

Posted on Jun 25, 2023


If you have — or if you know — somebody who’s trying to decide on a career path, it might be a good idea to point them in the direction of building houses. Of course, that means anything connected to building a house: electrician, flooring specialist, general contractor and any number of trades.
As the country’s population hit 40 million people this...

Read More

Could this real estate market theory apply here?

Posted on Jun 18, 2023

There are analysts and specialists, economists and theorists, all with suggestions or sometimes predictions about where the real estate market is going. This is far from an exact science and often results in multiple projections that can be at odds with each other.
The bottom line is it’s too complicated for even the best of them to be certain about...

Read More

Return of the interest rate increase

Posted on Jun 07, 2023

Perhaps most people were a little smug about this week’s interest rates announcement, taking for granted that nothing was going to change because that’s the way it has been since January. Stability seemed inevitable.
Not so fast, said the Bank of Canada.
Surprising many, the Bank increased its overnight rate to 4.75 per cent, a bump of .25 per cent.
I...

Read More

Housing starts: 10 municipalities first in line

Posted on Jun 04, 2023


The Provincial Government has revealed the first 10 municipalities that will be expected to “up their game" when it comes to building new housing faster. 
The first 10 municipalities identified are those with the greatest need and highest projected growth, determined by measures that prioritize the urgency of local housing needs. Land availability a...

Read More