Next PM and housing, BC realtor guilty, BMO settlement, Financial stress, More

Canada housing crisis: What will change under Trudeau's successor? View web version | Forward to a colleague 14 January 2025 Top News Canada housing crisis: What will change under Trudeau's successor? Improving the bleak supply and affordability outlook will be no easy feat for the next PM Court orders real estate agent to forfeit profits after 'underhanded' deal A $1.2m profit sparks legal backlash over ethics in real estate BMO pays $40m USD to settle bond misrepresentation claims SEC alleges company misled investors over mortgage-backed bonds Financial stress grows for Canadians despite lower interest rates – report What fuels this ongoing financial distress? Home insurance premiums set to surge across Canada Severe weather events are contributing to spiking losses for insurers Government bond yields are rising worldwide – except in Canada Trump tariff threats expected to stifle economic growth prospects US tariffs on Canada could spark 'tit-for-tat' retaliation, ambassador warns Canadian ambassador in Washington cautious against escalation of dispute Tri-Cities housing market sees little change in home prices since early 2024 Year-end report shows prices remained roughly stagnant across the region Planned Toronto budget includes 5.4% property tax spike Mayor also hikes taxes for city building fund for housing capital and transit expenditures International News How many rate cuts will the Fed make in 2025? Economist on what's next for the central bank – and whether the US housing and mortgage markets will post a recovery in the next 12 months January nightmares! The hidden repair costs set to cost homeowners thousands 39% of renters are stuck with landlords who refuse to repair their homes Housing showdown emerges as Dutton and Albanese launch election bids Initiatives that support housing supply 'desperately needed' says CoreLogic's Tim Lawless Home values drop as 2024 ends The decline amounts to $32,200 Want to change how you receive these emails? You can manage your preferences or unsubscribe. © 2025 KM Business Information Canada Ltd. 317 Adelaide Street West, Toronto, ON Privacy | Conditions of Use | About us | Contact us

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