Real Estate News, Articles, Reports, Analysys & Trends

1/7/2025 | Posted in GTA Real Estate by Gay MacLeod
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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

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1/5/2025 | Posted in Financial Health by Gay MacLeod
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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.

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1/3/2025 | Posted in Canadian Economy and Interest Rates by Gay MacLeod
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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 ... More

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1/3/2025 | Posted in Canada Living by Gay MacLeod
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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

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1/2/2025 | Posted in Canadian Housing Market by Gay MacLeod
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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.

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12/30/2024 | Posted in Canadian Housing Market Predictions by Gay MacLeod
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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 ... More

Real Estate & Mortgage News

12/30/2024 | Posted in Canadian Housing Market Predictions by Gay MacLeod
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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 ... More

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12/24/2024 | Posted in First Time Home Buyers by Gay MacLeod
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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

Real Estate & Mortgage News

12/17/2024 | Posted in Mortgages and Real Estate by Gay MacLeod
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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

Real Estate & Mortgage News

12/16/2024 | Posted in Canadian Housing Market by Gay MacLeod
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Home sales activity recorded over Canadian MLS® Systems rose again in November, building on October’s surprise jump.

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12/16/2024 | Posted in Mortgage News by Gay MacLeod
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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

Real Estate & Mortgage News

12/11/2024 | Posted in Canadian Economy and Interest Rates by Gay MacLeod
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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.

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12/10/2024 | Posted in Rental Market by Gay MacLeod
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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.

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12/5/2024 | Posted in Toronto Real Estate by Gay MacLeod
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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.

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12/4/2024 | Posted in GTA Real Estate by Gay MacLeod
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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 ... More

Real Estate & Mortgage News

11/29/2024 | Posted in Mortgages and Real Estate by Gay MacLeod
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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

Real Estate & Mortgage News

11/27/2024 | Posted in Canadian Housing Market by Gay MacLeod
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Experts predict a seller's market in nearly half the nation’s housing regions

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11/26/2024 | Posted in Mortgages and Real Estate by Gay MacLeod
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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 ... More

Real Estate & Mortgage News

11/25/2024 | Posted in Ontario News by Gay MacLeod
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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.

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11/25/2024 | Posted in Mortgages and Real Estate by Gay MacLeod
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Effective Thursday, uninsured bank borrowers no longer need to show they can afford a higher rate when switching lenders.

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Real Estate & Mortgage News

11/22/2024 | Posted in Canadian Economy and Interest Rates by Gay MacLeod
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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

Real Estate & Mortgage News

11/21/2024 | Posted in Canadian Housing Market by Gay MacLeod
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The average income needed to buy a home keeps inching down in cities across Canada, according to the latest data.

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11/19/2024 | Posted in Canadian Housing Market by Gay MacLeod
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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.

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Real Estate & Mortgage News

11/18/2024 | Posted in Canadian Housing Market by Gay MacLeod
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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.

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11/14/2024 | Posted in Mortgages and Real Estate by Gay MacLeod
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BMO economist predicts homeowners can absorb higher mortgage rates

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Real Estate & Mortgage News

11/11/2024 | Posted in Real Estate News by Gay MacLeod
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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.

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11/6/2024 | Posted in Mortgages and Real Estate by Gay MacLeod
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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 ... More

Real Estate & Mortgage News

11/6/2024 | Posted in GTA Real Estate by Gay MacLeod
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Greater Toronto Area (GTA) home sales increased strongly year-over-year in October 2024. Over the same period, new listings were up, but by a lesser annual rate. The result was ... More

Real Estate & Mortgage News

11/4/2024 | Posted in Government and Regulation by Gay MacLeod
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Conservative Leader Pierre Poilievre has written to the provinces’ premiers, asking them to eliminate their sales taxes on new homes that are under $1 million.

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