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 two ... More

Tags: Housing Market Forecast, Interest Rate Forecast, Mortgage Rate Forecast

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 an ... More

Tags: Canada Real Estate, Canadian Housing Market, Canadian Real Estate Market Outlook, Housing Market Forecast

Canada's 'sluggish' housing market in recovery mode following interest rate cuts, Royal LePage forecast predicts

10/10/2024 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

Royal LePage’s latest housing market forecast predicts a real estate rebound that will see Canada’s “sluggish” markets in recovery mode by spring following ... More

Tags: Canada Living, Canadian Home Sales, Canadian Housing Market, Canadian Real Estate Market Outlook, Housing Market Forecast

BoC to cut interest rates on June 5, three further times this year: Poll

5/30/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada will trim interest rates to 4.75% on June 5, according to three-quarters of economists in a Reuters poll which showed three further cuts this year, with the ... More

Tags: Housing Market Forecast, Interest Rate Forecast, Mortgage Rate Forecast

National home prices close out 2023 above prior year, despite continued slowdown in market activity

1/15/2024 | Posted in Canadian Housing Market by Jessi Sandhu

Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada, ... More

Tags: Bank of Canada, GTA Real Estate Market, Housing Market Forecast, Ontario Real Estate, Ontario Real Estate News

Interest rate cuts, return to growth on economic horizon, Deloitte says

1/4/2024 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

The Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring, according to a new forecast by Deloitte Canada. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Economic Growth, Housing Market Forecast, Interest Rate Forecast

2024 housing market and interest rate forecasts

12/27/2023 | Posted in Mortgages and Real Estate by Jessi Sandhu

As we look back at the year that was, we can say 2023 was a year that tested the resilience of Canadian mortgage holders. And as we look forward, there’s optimism that 2024 ... More

Tags: Canadian Home Sales, Canadian Housing Market, Housing Market Forecast, Interest Rate Forecast, Mortgage Rate Forecast