Infinite Realty Group

ScotiaBank anticipates that the Bank of Canada will raise interest rate 6 times in 2022. The current Bank of Canada (emergency) rate is at 0.25%, whereas ScotiaBank predicts for that rate to rise to 2% by year end.

Note: The first interest rate hike is expected to be 0.25% increase. This may come as early as January 26th.

Scotia sees Bank of Canada hiking rate to 2% to quell inflation - BNN Bloomberg Bank of Nova Scotia says Canada’s central bank will begin an aggressive round of monetary tightening next week to control inflation, bringing its policy rate to above pre-pandemic levels by the end of this year.

It's official and so it begins...

Bank of Canada will hike rates this month: J.P. Morgan - BNN Bloomberg Economists at J.P. Morgan expect the Bank of Canada will raise its benchmark interest rate at its Jan. 26 meeting, ahead of the central bank’s own timeline for liftoff.

Given the large division of the average real estate price between detached dwellings and condominium apartments, we should see a large boom in Toronto's condominium market in 2022.

Toronto's condo market exploded back to life in 2021 Much was unknown in the early days of the pandemic, and despite rumblings of trouble for Toronto's cutthroat housing market, it seems the condo gam...

Say what you want about the Canadian Real Estate Market, but this is a clear picture of the consumer confidence in the Canadian economy! Don't wait until you are priced out of the real estate market. Take advantage of the ultra low interest rates!

More Canadians than ever before are expecting higher home prices: Nanos - BNN Bloomberg A record share of Canadians expect home prices will continue hitting new highs, an exuberance that adds to concern the housing market is entering a speculative bubble.

Great Interview with former Prime Minister, Stephen Harper on the future of Canada's economy and a possible debt crisis. Very informative, check it out:

Former Prime Minister Stephen Harper: Commodities Market, Sovereign Debt Crisis, Digital Currencies Cambridge House CEO Jay Martin sits down with the 22nd Prime Minister of Canada, Stephen Harper. In this interview they discuss:• The most important decision...

Why housing is still the best investment for most Canadians - BNN Bloomberg Owning a home remains the largest single investment for most Canadians. So it’s not surprising that fear over an economy turned upside down literally hits home for so many, says Personal Finance Columnist Dale Jackson.

Macklem says Canadian economy has strong stimulus for now - BNN Bloomberg (Bloomberg) -- Bank of Canada Governor Tiff Macklem said the nation’s economy is flush enough with stimulus to survive the current downturn and doesn’t need additional help from monetary policy. \]\7/']

Dear Friends,
We are so proud to announce that RE/MAX Infinite Inc. and RE/MAX Realtron Realty Inc. have entered into a partnership agreement and have now amalgamated as one powerhouse brokerage. We would like to congratulate all of our agents and clients for this successful merger and venture, as they are now part of Canada’s Largest RE/MAX office. I am honored to remain as Managing Partner and will remain in my office as the Broker/Manager. With now almost 1,000 agents, 9 offices and over $3.2Billion worth of Real Estate Sales Volume, welcome to the #1 Real Estate Brokerage in the GTA. The possibilities at RE/MAX Realtron are truly INFINITE! Congratulations!

According to BNN, Luxury home sales are booming, especially homes over and above the $4M mark! Check it out:

Luxury-home sales are booming in Toronto, tumbling in Vancouver - BNN Bloomberg Canada’s luxury-home market has a split personality: East versus West.