Is Canada's commercial real estate market poised for recovery in 2025?
1/15/2025 | Posted in Commercial Real Estate by Jessi Sandhu
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 ... More
Will Toronto become Canada's most expensive housing market in 2025?
1/9/2025 | Posted in Toronto Real Estate by Jessi Sandhu
This year could be the year Toronto takes the crown for the most expensive real estate market in the country.
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Housing and interest rate forecasts for 2025
12/30/2024 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
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
TRREB: Housing Market Gets More Affordable in 2024 with Lower Rates and Prices
1/7/2025 | Posted in GTA Real Estate by Jessi Sandhu
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
New year, better mortgage rates: Credit tips to get you there
1/5/2025 | Posted in Financial Health by Jessi Sandhu
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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Here's what economists expect the Bank of Canada to do in 2025
1/3/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
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
These are the new tax brackets for Canadians in 2025
1/3/2025 | Posted in Canada Living by Jessi Sandhu
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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Will it be easier or harder for Canadians to buy a home in 2025?
1/2/2025 | Posted in Canadian Housing Market by Jessi Sandhu
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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Housing market poised for 2025 comeback as lower rates unleash pent-up demand
12/30/2024 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
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
A First Home Savings Account should be on every first-time buyer's holiday wish list
12/24/2024 | Posted in First Time Home Buyers by Jessi Sandhu
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
Canada's new mortgage rules are here: Insights from brokers
12/16/2024 | Posted in Mortgage News by Jessi Sandhu
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
Canada's coming mortgage renewal wave: No longer a crisis?
12/17/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
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
Canadian Home Sales Continue to Climb in November
12/16/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Home sales activity recorded over Canadian MLS® Systems rose again in November, building on October’s surprise jump.
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Bank of Canada drops key interest rate
12/11/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
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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12/5/2024 | Posted in Toronto Real Estate by Jessi Sandhu
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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Rent prices fall to 15-month low: Rentals.ca
12/10/2024 | Posted in Rental Market by Jessi Sandhu
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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GTA Home Sales Up Substantially in November
12/4/2024 | Posted in GTA Real Estate by Jessi Sandhu
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
Canadian housing market set to pick up pace in 2025
11/27/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Experts predict a seller's market in nearly half the nation’s housing regions
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By how much could the Bank of Canada cut rates in December?
11/26/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
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
OSFI's stress test change sparks industry confusion
11/29/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
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
Ontario debates sharing tenant arrears data with credit agencies
11/25/2024 | Posted in Ontario News by Jessi Sandhu
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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Bank of Canada rate cuts save housing market from collapse, says economist
11/25/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Rate cuts offered stability, but economic risks and high mortgage rates keep recovery uncertain.
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Canada's banking regulator loosens mortgage stress-test rules. Who will benefit?
11/25/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
Effective Thursday, uninsured bank borrowers no longer need to show they can afford a higher rate when switching lenders.
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Hidden Bank of Canada clues point to another big cut: CIBC economists
11/22/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
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
This is how much money you need to make to buy a house in Canada's largest cities
11/21/2024 | Posted in Canadian Housing Market by Jessi Sandhu
The average income needed to buy a home keeps inching down in cities across Canada, according to the latest data.
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