The Canadian real estate market needs to have 30-year amortization periods for mortgages to grapple with the nation’s housing affordability challenges and facilitate more construction activity, says an industry group representing the country’s residential home builders. Speaking at a February news conference, Canadian Home Builders’ Association CEO Kevin Lee encouraged the federal government to allow…

After sitting on the sidelines waiting out the market, you have decided on selling your home. You are not alone. This past fall, a NerdWallet study found that a fifth of homeowners plan to sell their homes in the next three years, and 41 per cent intend to list their homes in the next five…

Home sellers have two main objectives: to sell quickly and for the highest price. This hasn’t been very difficult to achieve over the last few years, with market conditions favouring of sellers due to high demand, low interest rates, and an ongoing housing supply shortage in many Canadian cities. Despite this perfect storm, some houses…

In recent years, all three levels of government have attempted to use the tax code and other public policy instruments to help address Canada’s housing affordability challenges. However, while Canadian officials are trying to encourage home-buying and incentivize more supply, industry experts argue that plenty of measures are still in place that stifle supply and…

While searching for properties for sale, you come across a house with a pool. It seems like a dream come true and an opportunity you don’t want to miss! Having your own private swimming pool can provide endless hours of fun and relaxation, but it also comes with responsibilities and additional expenses. Now, before making…

Small, independent businesses taking their first steps into the commercial real estate market can feel like they’re at a disadvantage compared to large-size businesses with deep enough pockets to hire all the resources needed to protect their interests and negotiate the best terms on a commercial space for lease. But with a bit of study,…

Whether you’re a small retailer selling hand-made products in a tiny shop or a larger one looking to take your business to the next level, the annual rent for your retail space will be one of your most significant business expenses. If, like many entrepreneurs, you signed your landlord’s cookie-cutter triple net ease without asking…

How many economists and market analysts anticipated the Canadian real estate market would experience a crisis when the Bank of Canada (BoC) announced it would begin raising interest rates? Roughly two years later, the nation’s housing market has remained intact, although there have been pockets of weakness across the country. But the current housing landscape…

Buying land, like any significant purchase, can seem daunting if you’ve never done it before and don’t know the rules of the game. As a commercial real estate investment strategy, you can buy a plot during a dip and sell it when the market rebounds, hold it and hope for an even bigger pay-off further…

Bank of Canada Holds Interest Rate at 5% The Bank of Canada has held its benchmark interest rate at 5%, marking the fifth consecutive pause after a tightening campaign in 2023 aimed at easing high inflation. It appears to be working, with the inflation rate easing back to 2.9 per cent in January, however underlying…