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
Fixed rates are creeping up - and variable-rate discounts are shrinking too
5/2/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu
Some of the lowest fixed mortgage rates have vanished in recent weeks, and lenders are quietly tightening up their variable-rate discounts too.
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Scotiabank now sees three Bank of Canada rate cuts in 2026
4/29/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu
Scotiabank has revised its interest rate forecast, now predicting the Bank of Canada will deliver three cuts in 2026 as the global economy feels the strain of escalating U.S. ... More
BoC holds rate at 2.75%, outlines two paths for economy as trade tensions cloud outlook
4/16/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada held its benchmark interest rate at 2.75% on Wednesday and unveiled two diverging scenarios for the economy, reflecting the unprecedented uncertainty ... More
Canada housing starts slide unexpectedly
4/15/2025 | Posted in New Developments by Jessi Sandhu
Housing supply crisis shows little sign of improving
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Canadian Housing Demand and Prices Slide Further in March
4/15/2025 | Posted in Canadian Housing Market by Jessi Sandhu
Canadian home sales fell on a month-over-month basis once again in March 2025, as rising tariff turmoil and uncertainty is keeping home buyers on the sidelines.
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Fixed mortgage rates are falling, but variable rates remain stubbornly high
4/5/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu
In an unusual twist in Canada's mortgage market, fixed mortgage rates are on a downward trajectory while variable-rate pricing is tightening. This divergence presents both ... More
Bank of Canada faces fresh pressure to cut rates amid economic gloom
4/7/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Surprise employment figures and trade uncertainty raise odds of another BoC cut within weeks
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Surge in CMHC-insured multi-unit lending shows no signs of slowing
4/2/2025 | Posted in Commercial Real Estate by Jessi Sandhu
CMHC-insured loans for multi-unit rental housing have surged in recent years, driven by high interest rates and federal policies aimed at boosting rental supply.
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Canada's mortgage arrears creep back to record pandemic levels
4/1/2025 | Posted in Financial Health by Jessi Sandhu
Despite affordability gains, missed payments hit highest rate since early 2021
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GTA March Market: More Affordable and More Choice
4/3/2025 | Posted in GTA Real Estate by Jessi Sandhu
GTA REALTORS® reported 5,011 home sales through TRREB’s MLS® System in March 2025 – down by 23.1 per cent compared to March 2024. New listings in the ... More
Canadian home prices to fall as buyers wait out 2025 uncertainty, says TD
3/27/2025 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
Home prices in Canada are now expected to fall in 2025, as the lingering effects of trade uncertainty, affordability challenges, and weak buyer demand take their toll.
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Canada's housing market braces for impact as a fresh wave of tariffs looms
4/1/2025 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
The exposure of the Canadian economy to the US "clouds the entire picture for the housing market," says chief economist
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Downtown office market notches slight improvement despite tariff threats
3/31/2025 | Posted in Commercial Real Estate by Jessi Sandhu
Canada’s downtown office vacancy rate marked its first, if slight, improvement since the start of the pandemic according to a recent report.
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Building Industry reports worst February on record for new home sales in the GTA
3/27/2025 | Posted in GTA Real Estate by Jessi Sandhu
Greater Toronto Area (GTA) new home sales remained historically slow in February, marking the lowest ever February on record, the Building Industry and Land Development ... More
Further Bank of Canada cuts still likely in 2025 despite cautious language
3/25/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The central bank is treading carefully on the question of lowering rates again, but it may have no other choice
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