The Central Bank Raised its Key interest Rates

The Bank of Canada raised its key interest fee on Wednesday. It’s the first time since September 2010, however, said there is “no foreordained way” for additionally increments and that rate strategy would be inspected on a quarter-by-quarter premise. Bank of Canada Governor Stephen Poloz called the rate increment to […]

The Escalation Clause Puncturing the Ethical Business Practices

Another controversial approach in the real estate industry that raises bidding wars – The Escalation Clauses. Barry Kainth is really concerned about this approach and its consequences. The escalation clause is implemented to help buyers win bidding wars. Under the escalation clause, the would-be buyer is allowed to submit an […]

Alerting All Public and Buyers of Homes in Ontario

  Corruption – An easy word to throw around in any department or industry nowadays. Even Canada’s real estate industry isn’t behind experiencing it. The unlawful practices, illegal transactions, money laundering are at an alarming rate. The recent unlawful practice that Real Estate council of Ontario (RECO) has its eyes […]