SCHUY Property Group : RE/MAX : Archived blog posts for : July 2022

RSS

Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening

Posted on July 13, 2022 by Carl Schuy

Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening

FOR IMMEDIATE RELEASE

Media Relations

Ottawa, Ontario

July 13, 2022

The Bank of Canada today increased its target for the overnight rate to 2½%, with the Bank Rate at 2¾% and the deposit rate at 2½%. The Bank is also continuing...

Read

July Market Snapshot

Posted on July 13, 2022 by Carl Schuy

July Market Snapshot

The June numbers are in and outlined in this months infographic, increased borrowing costs continue to impact home sales.

West GTA has seen housing prices continue to level between -4.8% to -7.8% month over month while Burlington sees a +1% increase in...

Read

Ontario Caps 2023 Rent Increase Guideline Below Inflation at 2.5 Per Cent

Posted on July 13, 2022 by Carl Schuy

Ontario’s rent increase guideline for 2023 is 2.5 per cent, below current rates of inflation. The rent increase guideline is the maximum amount a landlord can increase rent during the year for most tenants without the approval of the Landlord...

Read

Garden suites permitted in Toronto after Ontario Land Tribunal dismisses appeal

Posted on July 13, 2022 by Carl Schuy

Garden suites permitted in Toronto after Ontario Land Tribunal dismisses appeal

News Release City of Toronto ...

Read

Categories: Ancaster, Hamilton Real Estate | Appleby, Burlington Real Estate | Bay Street Corridor, Toronto C01 Real Estate | Brampton Core North Peel, Brampton Real Estate | Brampton Real Estate | Brant, Burlington Real Estate | Bronte East, Oakville Real Estate | Bronte West, Oakville Real Estate | Caledon Real Estate | Carlisle, Hamilton Real Estate | Central Erin Mills, Mississauga Real Estate | Central, Burlington Real Estate | Churchill Meadows, Mississauga Real Estate | City Centre, Mississauga Real Estate | Clarke, Milton Real Estate | Clarkson, Mississauga Real Estate | Collingwood Real Estate | Corktown, Hamilton Real Estate | Danforth Village-East York, Toronto E03 Real Estate | Eastlake, Oakville Real Estate | Erindale, Mississauga Real Estate | Fessenden, Hamilton Real Estate | Ford, Milton Real Estate | Grimsby Real Estate | Hamilton Real Estate | Harrison, Milton Real Estate | Headon, Burlington Real Estate | Hill Park, Hamilton Real Estate | Historic Lakeshore Communities, Georgina Real Estate | Humberlea-Pelmo Park W4, Toronto W04 Real Estate | Hurontario, Mississauga Real Estate | Iroquois Ridge North, Oakville Real Estate | Islington-City Centre West, Toronto W08 Real Estate | Jerome, Hamilton Real Estate | Junction Area, Toronto W02 Real Estate | Long Branch, Toronto W06 Real Estate | Lorne Park, Mississauga Real Estate | Markland Wood, Toronto W08 Real Estate | Meadowvale, Mississauga Real Estate | Mimico, Toronto W06 Real Estate | Mississauga Real Estate | Mississauga Valleys, Mississauga Real Estate | Niagara Falls Real Estate | Northwest Sandalwood Parkway, Brampton Real Estate | Oak Park, Oakville Real Estate | Oakville Real Estate | Old Oakville, Oakville Real Estate | Rathwood, Mississauga Real Estate | River Oaks, Oakville Real Estate | Rose, Burlington Real Estate | Roseland, Burlington Real Estate | Scott, Milton Real Estate | Sheridan, Mississauga Real Estate | Snelgrove, Brampton Real Estate | South East, Oakville Real Estate | Stoney Creek, Hamilton Real Estate | The Beaches, Toronto E02 Real Estate | Uptown Core, Oakville Real Estate | Vincent, Hamilton Real Estate | Waterdown Real Estate | Waterdown, Hamilton Real Estate | West Humber-Clairville, Toronto W10 Real Estate | West Oak Trails, Oakville Real Estate | Woodbine Corridor, Toronto E02 Real Estate

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.