Massachusetts housing crisis: Greater Boston Real Estate Board campaign slams transfer fees

As the housing crisis continues to take a toll on Massachusetts, the Greater Boston Real Estate Board is urging residents to tell lawmakers to stay away from enacting a tax on pricey real estate deals. The Greater Boston Real Estate Board has launched what it’s describing as a “multifaceted digital and grassroots activation campaign” centered … Read more

Home sales and prices edging up as housing market ‘could get interesting,’ reports say

The housing market could soon get “interesting,” economists say, as home prices and sales start to edge up, according to a pair of new reports released Friday. In its latest quarterly Home Price Update and Market Forecast, Royal LePage is forecasting that the aggregate price of a home in Canada will increase nine per cent in the fourth … Read more

Bank of Canada worries a rate cut now could overheat the spring housing market

The Bank of Canada is trying to thread a needle. It’s keeping rates higher for longer at least in part because it’s worried a rate cut now could undermine the last two years of pain and progress. “We don’t want to keep monetary policy this restrictive for longer than we have to. But nor do … Read more

Trudeau goes into 2024 in dire need of a better story to tell

The memo sent to staff in the Prime Minister’s Office to announce the hiring of Max Valiquette as the government’s new executive director of communications said the former marketing executive would be focused on, among other things, “aligning the entire team under a clear narrative.” In politics, a clear narrative isn’t everything, but it’s a … Read more

Time’s up for some short-term rentals in B.C. as new housing rules look set to transform scene

Nancy Paine’s short-term rental business is dead in the water. As co-founder and CEO of Victoria-based Superhost, Paine said she had been at the forefront of the Airbnb revolution for seven years, acting as a “liaison” for homeowners needing help with the logistics of running a listing on the accommodation site. At the peak of … Read more