Real Estate News

Housing affordability worsened for Canadian households in 2024, with mortgaged homeowners driving much of the increase. Renters remained more likely to face unaffordable housing, while recent movers paid considerably more than longer-term tenants. First-time buyers and households awaiting social and affordable housing also reported substantial financial pressure. #HousingAffordability #RentalMarket #HousingCosts #CanadaHousing […]

Canada’s housing market is beginning to show signs of recovery as resales rise and prices stabilize. Stronger momentum is expected next year, but the improvement will likely remain gradual and uneven. High condo inventories, limited investor demand and economic uncertainty could still produce another false start. #RealEstate #HousingMarket #CanadaRealEstate #MarketRecovery […]

In August 2026, Canadian home sales decreased by 0.7% month-over-month, marking the fourth consecutive month of stagnant sales and prices, according t […]

Canada’s housing market remains caught between an extended correction and a tentative recovery. Sales and prices are expected to decline in 2026 before improving modestly next year, supported by pent-up demand. Regional progress will be uneven, and condominium markets may continue to lag as economic risks threaten further false starts. #RealEstate #HousingMarket #CanadaRealEstate #MarketRecovery […]

Canada’s housing construction is increasingly shifting toward purpose-built rentals as ownership supply weakens. Toronto’s rental starts are rising sharply, while condominium and ground-oriented development continue to decline. CMHC warns that failing to build enough ownership housing now could create another supply crunch when demand recovers. #HousingSupply #RentalMarket #HousingMarket #CanadaRealEstate […]

The Bank of Canada has kept its overnight rate unchanged at 2.25% as inflation risks increase. Higher oil prices, rising global bond yields and upcoming tariffs are adding uncertainty to the economic outlook. A future rate hike is back on the table, depending on how economic conditions and incoming data develop. #RealEstate #HousingMarket #CanadaRealEstate […]

Toronto’s housing market could see more activity this fall following a relatively quiet summer. Bidding wars are reappearing in parts of the market, while fewer listings could create greater competition. Buyers remain cautious amid economic uncertainty, and the condo segment may continue to struggle. #TorontoRealEstate #HousingMarket #GTARealEstate #CanadaRealEstate […]

Canadian home sales recorded a fourth consecutive monthly gain in July, while new listings declined again. Supply and demand continued moving toward a more balanced market across much of the country. Prices remained broadly stable, with the national MLS® Home Price Index posting its first monthly increase since November 2024. #RealEstate #HousingMarket #CanadaRealEstate […]

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Here's my take on how the trade war will shake the market: Big dogs in D.C. are slappin’ tariffs like they own the block, squeezing supply chains and jacking up costs for steel and lumber, so builders hesitate, investors pump the brakes, and buyers feel the pinch when price tags creep up; but sharp operators who know where to sniff out undervalued properties and play the angles can still score big—worth peepin’, so let me know what you think. […]

Navigating Toronto’s competitive housing market requires diligent financial preparation: start by assessing your credit history and debt-to-income ratio to determine your borrowing capacity and identify areas for improvement. Secure mortgage pre-approval early to lock in interest rates and set a realistic price range, then build a down payment strategy that meets the minimum requirement and leverages programs like the First-Time Home Buyer Incentive or land transfer tax rebates. Factor in closing costs—legal fees, insurance, adjustments and potential HST on new builds—as well as ongoing expenses such as property taxes, maintenance and utilities. By creating a comprehensive budget and cash-flow plan, you’ll enter the market with clarity and confidence to negotiate effectively on your ideal Toronto home. […]

Securing a mortgage preapproval is the essential first step in Toronto’s competitive real estate market. Working with a lender or mortgage broker to review your income, credit history and overall finances not only establishes your borrowing capacity and locks in an interest rate but also clarifies your budget so you can target homes that meet your needs. A preapproval letter signals to sellers that you are a committed buyer, strengthening your offers in multiple-offer situations. Completing this process early streamlines your home search and lays the groundwork for a smoother closing. […]

Canada’s average asking rent dipped for a second straight month, but experts say affordability remains elusive as slower wage growth and a tight housing supply keep rents high . The national average fell to about $1,829 per month, with Alberta the lone province seeing a year‑over‑year decrease while Nova Scotia and Quebec logged increases . Economists warn that mortgage rates are likely to decline only gradually, and a limited supply of affordable homes will keep rents elevated . Households still devote roughly a quarter to a third of their income to rent, underscoring ongoing affordability challenges . #RealEstate #RentalMarket #CanadaRealEstate […]

Getting ready for your mortgage renewal is more critical than ever with rates on the move. Take time now to gather your financial info, compare lenders, and explore new options so you can lock in a deal that works for you. Being proactive not only helps you snag the lowest possible rate but also gives you peace of mind heading into your next term. Contact me if you need more information; I’ve got suggestions and referrals to guide you every step of the way. […]

A Canadian’s attempt to secure a dream condo in Mexico ended in frustration when the pre-construction unit he paid for was never built. With more than 100,000 Canadians owning Mexican property, this case shines a light on the risks of buying overseas. The report urges prospective buyers to research developers, get legal advice, and confirm that projects are legitimate before making deposits. This cautionary tale emphasizes the importance of diligence when purchasing international real estate. #RealEstate #HousingMarket #CanadaRealEstate […]

Canadian multifamily rental markets have seen a short‑term pause due to slower immigration and a wave of unsold condos, but experts argue the outlook remains bright. Structural factors, population growth, housing shortages and affordability challenges, continue to favour rental housing, with home‑ownership costs consuming more than half of household income. Demographic shifts toward long‑term renting and the essential nature of housing keep occupancy and cash flows resilient. Investors who ignore the noise and focus on these long‑term fundamentals may find multifamily real estate an attractive, income‑producing asset class. […]

A REMAX Canada report finds that nearly half of prospective buyers, and especially millennials, view cottages as a practical first step into the housing market . With traditional home prices out of reach and some vacation spots now more affordable, young Canadians are looking to recreational properties for long‑term value . Yet return‑to‑office mandates, maintenance expenses and higher insurance costs may temper the appeal . Could a cottage be your stepping‑stone to homeownership? #RealEstate #HousingMarket #CanadaRealEstate […]

Canada’s housing market is expected to recover gradually as affordability challenges and economic uncertainty continue to influence buyer activity. Sales are projected to remain below long-term averages while rental markets move toward more balanced conditions. Construction activity is expected to slow, particularly in the condominium sector. Regional differences will continue shaping market performance across the country. #RealEstate #HousingMarket #CanadaRealEstate […]