Ontario is one of the most desirable places to live not only in Canada, but for many people across the globe. Be it housing in the country’s financial capital (Toronto) or the nation’s capital (Ottawa), many homebuyers are keen to plants roots in this province, and this is weighing on the Ontario real estate market,…

The COVID-19 pandemic supercharged a market that already favoured sellers. With available listings hitting a record 14-year low before the pandemic, it is no wonder that housing prices have soared upward, with the Canadian Real Estate Association (CREA) forecasting the national average home price would rise a whopping 19.9 per cent on an annual basis…

With Canada’s public health crisis at the 20-month mark, housing prices in Ontario continue to break records, month after month. Ontario MLS® home sales represented the third-best September in history. Across the province, home sales were 6.4% above the five-year average and 11.8% above the 10-year average for the month. Given September marks the start…

Canadians have enjoyed low interest rates for the last decade, but even more so since the onset of the global pandemic, when the Bank of Canada responded with a trio of rate cuts, bringing us to 0.25%, where we currently sit. In its latest interest rate announcement on December 8, 2021, the Bank held the…

This year, the Canadian housing market has been on fire, recording enormous gains and tremendous sales activity. As the country’s housing sector faces a supply squeeze, an affordability crisis has been looming from the Prairies to the Maritimes. This has left many young families and first-time homebuyers struggling to achieve the Canadian Dream. With the…

What is the Bank of Canada’s current policy interest rate? When does the Bank of Canada announce its overnight rate? When is the next announcement? What factors did Bank of Canada consider in its latest decision? Bank of Canada’s Overnight Interest Rate The Bank of Canada has announced that it is maintaining its record-low key interest…

Perhaps you have been wondering how a young family living in a detached home in Toronto or Vancouver can afford it. It could be that they already own another home. In fact, they may possess multiple homes as part of their investment strategy, new research has discovered. It’s no secret that the red-hot Canadian housing…

Moose Jaw, Saskatchewan is considered one of the best small municipalities to live in Canada, and one of the province’s fastest-growing cities in terms of population, investment and job formation. This southern Saskatchewan city has a deeply intriguing history, including connections to Al Capone and the underground Tunnels of Moose Jaw. Its rich heritage and…

What a wild ride the Toronto real estate market has endured over the last 20 months! At the onset of the coronavirus pandemic, there was a widespread belief that one of the world’s hottest housing markets was going to witness a steep decline in sales and valuations. Yet, fast forward to autumn 2021: housing prices…