Interest rate cuts may be over, says RBC
6/17/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
New report challenges expectations for further rate reductions
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Canadian Home Sales Rise While Prices Hold Steady in May
6/16/2025 | Posted in Canadian Housing Market by Jessi Sandhu
Canadian home sales rose 3.6 per cent between April and May, marking their first gain since November, according to the Canadian Real Estate Association’s (CREA) latest ... More
Stormy economy could lead to higher strain in Canada's mortgage market
6/16/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
CMHC isn't sounding the alarm on the mortgage outlook, but its deputy chief economist flagged some 'warning signs' as Trump's tariff chaos continues
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Ontario housing starts at lowest level since 2009, financial watchdog says
6/11/2025 | Posted in Ontario Real Estate by Jessi Sandhu
Ontario’s financial accountability officer says in a report today that the province’s housing starts for the first quarter of this year were at the lowest levels ... More
GST cut for new homebuyers could mean price hikes, bank warns
6/10/2025 | Posted in Real Estate Market by Jessi Sandhu
The federal government’s plan to eliminate the GST on first-time homebuyers’ purchases of most new homes may actually lead to higher prices, a new report says.
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Bank of Canada holds policy rate at 2.75%
6/4/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
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Fixed mortgage rates rise as lenders retreat from aggressive pricing
6/4/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu
A growing number of lenders have continued raising pricing in recent weeks, particularly for uninsured terms.
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Toronto home prices rebound in May
6/4/2025 | Posted in Toronto News by Jessi Sandhu
Toronto home prices ticked up after five straight months of declines as Canada-US trade tensions eased and valuations at their lowest point in four years began to tempt ... More
GTA Homebuyers Benefited From More Listings in May
6/4/2025 | Posted in GTA Real Estate by Jessi Sandhu
The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in May 2025 relative to the same period a year earlier. With sales down and listings ... More
GST relief for first-time home buyers on new homes valued up to $1.5 million
5/28/2025 | Posted in First Time Home Buyers by Jessi Sandhu
To lower the upfront cost of buying a new home for young Canadians and spur the construction of new homes across the country, the government is eliminating the Goods and ... More
Ontario delinquencies reach alarming highs amid mortgage renewal surge
5/28/2025 | Posted in Financial Health by Jessi Sandhu
Ontario’s mortgage delinquency rate soared to record highs in the first quarter of 2025, marking the most severe year-over-year spike in the country and raising red flags ... More
Canada's residential rental sector defies economic headwinds: report
6/2/2025 | Posted in Real Estate Investments by Jessi Sandhu
Morguard’s latest Q1 2025 Canadian Economic Outlook and Market Fundamentals report has highlighted ongoing strength in Canada’s multi-suite residential rental ... More
Buyers navigate market uncertainty as GTA home sales plunge
5/29/2025 | Posted in Toronto Real Estate by Jessi Sandhu
As rates steady and prices dip, expert warns that delay may backfire for first-time buyers
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Retiring mortgage free? Not the reality for many Canadians
5/27/2025 | Posted in Financial Health by Jessi Sandhu
Millions of Canadians are facing retirement with a tough housing choice: downsize or continue to make monthly mortgage payments.
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Canadian government has to allow home prices to fall to make housing more affordable, experts say
5/23/2025 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
Housing experts are pushing back against a federal cabinet minister’s recent claim that home prices don’t need to go down in order to restore housing ... More
Canada just announced a tax cut and you could see more on your paycheque starting this summer
5/16/2025 | Posted in Financial Health by Jessi Sandhu
Canadians are about to see a little more money in their pockets, thanks to a new federal tax cut aimed at the middle class.
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Toronto condo market crisis deepens as investors and landlords feel the burn
5/13/2025 | Posted in Toronto Real Estate by Jessi Sandhu
Sales are plummeting and listings skyrocketing - and there's no end in sight to the nightmare facing investor owners
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Declines in Canadian Home Sales Take a Pause in April Despite Ongoing Tariff Pressures
5/19/2025 | Posted in Canadian Housing Market by Jessi Sandhu
The number of sales recorded over Canadian MLS® Systems was unchanged (-0.1%) between March and April 2025, marking a pause in the trend of declining activity since the ... More
Rents dropping in Toronto, giving tenants more negotiating power
5/12/2025 | Posted in Toronto Real Estate by Jessi Sandhu
If you're looking for a rental in Toronto or even an upgrade to a bigger space - now's not a bad time to shop around.
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High down payments No. 1 barrier for new home buyers: CPA
5/6/2025 | Posted in Home Buyers by Jessi Sandhu
Housing affordability continues to cause distress for potential Canadian homeowners, according to a new CPA Canada-BDO Debt Solutions survey, but the building industry is ... More
Is the Canadian office market nightmare nearing an end?
5/7/2025 | Posted in Commercial Real Estate by Jessi Sandhu
Empty office space is filling up - but challenges remain for plenty of office types
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Average asking rents down annually for seventh straight month at $2,127: report
5/8/2025 | Posted in Rental Market by Jessi Sandhu
The national average asking rent in April was down year-over-year for the seventh straight month at $2,127, marking a decrease of 2.8%.
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BoC cut now looks more likely as tariffs hit Canadian jobs
5/9/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Unemployment jumped in April, strengthening the case for a June rate reduction
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Carney set to further limit immigration to ease housing pressures
5/5/2025 | Posted in Canada Living by Jessi Sandhu
Prime minister Mark Carney has unveiled a sweeping set of reforms aimed at addressing Canada’s deepening housing crisis, including further limits on immigration and major ... More
Preconditions for Housing Rebound in Place Once Economic Confidence is Restored
5/6/2025 | Posted in GTA Real Estate by Jessi Sandhu
April home sales followed the regular seasonal trend with an increase relative to March. However, total residential transactions in the Greater Toronto Area (GTA) were down ... More
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