Real Estate News & Articles
1/15/2025 | Posted in Commercial Real Estate by Kit Blott
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The Canadian commercial real estate market is heading into 2025 with cautious optimism following a year of interest rate relief, according to Avison Young’s latest Q4 2024 ... More
1/9/2025 | Posted in Toronto Real Estate by Kit Blott
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This year could be the year Toronto takes the crown for the most expensive real estate market in the country. ... More
1/7/2025 | Posted in GTA Real Estate by Kit Blott
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The Greater Toronto Area (GTA) housing market experienced a transitionary year in 2024. Annual sales were up slightly compared to 2023, and new listings were up significantly ... More
1/5/2025 | Posted in Financial Health by Kit Blott
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As we step into a new year, it’s a great time to reassess your financial habits and ensure your credit profile is in top shape. ... More
1/3/2025 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Economists at Canada’s major banks don’t expect interest rates to move quite as dramatically in 2025 as they did in 2024, but they still see various sources of drama ... More
1/3/2025 | Posted in Canada Living by Kit Blott
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Here's what the new tax brackets are going to be, plus how much you can contribute to a tax-free savings account and RRSP ... More
1/2/2025 | Posted in Canadian Housing Market by Kit Blott
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It’s been a rough few years for Canadians looking to break into home ownership as unaffordability issues persist across the country. ... More
12/30/2024 | Posted in Canadian Housing Market Predictions by Kit Blott
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As we reflect on 2024, it was a year of resilience and adjustment for Canada’s housing and mortgage market, marked by the Bank of Canada’s pivot to rate cuts after two ... More
12/30/2024 | Posted in Canadian Housing Market Predictions by Kit Blott
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Heading into 2025, economists and real estate agents believe activity is poised to remain strong amid much lower borrowing costs and more favourable rules for buyers, despite an ... More
12/24/2024 | Posted in First Time Home Buyers by Kit Blott
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Introduced in April 2023, the First Home Savings Account (FHSA) is a game-changer for Canadians looking to save for their first home, combining the best features of an RRSP and ... More
12/17/2024 | Posted in Mortgages and Real Estate by Kit Blott
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It was billed as a potential looming crisis for Canada’s economy: the wave of mortgages coming up for renewal in 2025 and 2026 at significantly higher rates than those on ... More
12/16/2024 | Posted in Canadian Housing Market by Kit Blott
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Home sales activity recorded over Canadian MLS® Systems rose again in November, building on October’s surprise jump. ... More
12/16/2024 | Posted in Mortgage News by Kit Blott
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Sweeping changes to Canada’s mortgage system, announced in September by the federal government, officially took effect on Sunday. Brokers said the changes could open the ... More
12/11/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Canada’s central bank has cut interest rates for the fifth consecutive time to 3.25 per cent as the country’s economy grows at a slower rate than projected. ... More
12/10/2024 | Posted in Rental Market by Kit Blott
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Average asking rents were down 1.6% on an annual basis, marking the first year-over-year decline since the pandemic. ... More
12/5/2024 | Posted in Toronto Real Estate by Kit Blott
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While the Greater Toronto Area is expected to see a bump in home prices in 2025, condo prices will not recover next year, according to a new report by Royal LePage. ... More
12/4/2024 | Posted in GTA Real Estate by Kit Blott
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Greater Toronto Area (GTA) home sales increased strongly on a year-over-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by ... More
11/29/2024 | Posted in Mortgages and Real Estate by Kit Blott
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Canada’s banking regulator threw the mortgage industry a curve ball last week when a representative suggested there were some restrictions to a recent policy change most ... More
11/27/2024 | Posted in Canadian Housing Market by Kit Blott
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Experts predict a seller's market in nearly half the nation’s housing regions ... More
11/26/2024 | Posted in Mortgages and Real Estate by Kit Blott
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The Bank of Canada (BoC) is preparing for its final rate announcement of 2024 on December 11, with economists anticipating a potential further reduction in its lending rate that ... More
11/25/2024 | Posted in Ontario News by Kit Blott
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Ontario is exploring a proposal to allow credit reporting agencies to access Landlord and Tenant Board (LTB) orders for renters with a history of missed payments. ... More
11/25/2024 | Posted in Canadian Housing Market by Kit Blott
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Rate cuts offered stability, but economic risks and high mortgage rates keep recovery uncertain. ... More
11/25/2024 | Posted in Mortgages and Real Estate by Kit Blott
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Effective Thursday, uninsured bank borrowers no longer need to show they can afford a higher rate when switching lenders. ... More
11/22/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Various signs point to the Bank of Canada (BoC) cutting interest rates by another half percentage point in December, even if the bank hasn’t said so explicitly, CIBC ... More
11/21/2024 | Posted in Canadian Housing Market by Kit Blott
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The average income needed to buy a home keeps inching down in cities across Canada, according to the latest data. ... More
11/19/2024 | Posted in Canadian Housing Market by Kit Blott
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Conditions on the resale market tightened further in October, with a seller’s market that is synonymous with upward price support. ... More
11/18/2024 | Posted in Canadian Housing Market by Kit Blott
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Home sales activity recorded over Canadian MLS® Systems increased 7.7% on a month-over-month basis in October 2024, reaching its highest level since April 2022. ... More
11/14/2024 | Posted in Mortgages and Real Estate by Kit Blott
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BMO economist predicts homeowners can absorb higher mortgage rates ... More
11/11/2024 | Posted in Real Estate News by Kit Blott
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Canada’s rental market has hit a critical low in vacancy levels, but developers are struggling to keep pace with the growing demand for new housing. ... More
11/6/2024 | Posted in Mortgages and Real Estate by Kit Blott
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Canada's housing affordability cannot be resolved by changing the country's unique mortgage structure, the Bank of Canada's Senior Deputy Governor said on Wednesday, ... More
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