Author: Kaleylangille
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Canada Housing Market 2026: Are Rate Cuts Over? Mortgage Rates Could Rise 75 Basis Points

After months of optimism around falling interest rates, a new narrative is emerging across Canada’s housing market and it could catch buyers and homeowners off guard. Financial markets are now pricing in the possibility that the Bank of Canada may not only delay rate cuts, but could raise interest rates again in 2026. For a…
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Canada’s Banking Regulator Warns Banks About Condo Mortgage Appraisals as Prices Fall

Canada’s banking regulator is raising concerns about how some mortgage approvals are being handled as condominium prices decline across major cities like Toronto and Vancouver. New documents obtained by Reuters show that the Office of the Superintendent of Financial Institutions (OSFI) warned major Canadian banks about the risks of using “blanket appraisals” for condo mortgages…
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Canada Needs 3.5 Million Homes – Why Backyard Suites May Be the Fastest Housing Solution

As Canada’s housing affordability crisis continues to strain households, urban planners and policymakers are increasingly turning their attention to one overlooked solution – secondary suites. Basement apartments, garden suites, and laneway homes could add thousands of new housing units across Canadian cities without requiring large-scale new developments or major infrastructure expansion. Housing experts say these…
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GTA Homes of the Week: Featured Listings Across the Greater Toronto Area

March 17, 2026 The Greater Toronto Area (GTA) housing market continues to present opportunities for buyers, sellers, and investors who know where to look. While overall conditions remain competitive, certain neighbourhoods and property types are standing out due to pricing shifts, increased inventory, and long-term growth potential. Here’s a closer look at Greater Toronto listings worth…
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Canada’s Rent Prices Have Fallen for 17 Straight Months – What It Means for the Housing Market in 2026

Canada’s rental market is showing a major shift in 2026. According to the latest Rentals.ca March 2026 Rent Report, average asking rents in Canada fell to $2,030 in February 2026, down 2.8% year-over-year and marking the 17th consecutive month of annual rent declines. That also brings national asking rents to a 33-month low, highlighting a cooling trend that stands in contrast…
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Canada’s $50,000 GST Rebate for First-Time Home Buyers Is Now Law

Canada’s new $50,000 GST rebate for first-time home buyers is officially law after Bill C-4 received Royal Assent on March 12, 2026. The legislation eliminates the 5% federal GST on qualifying newly built homes, offering significant tax relief for eligible buyers purchasing new construction properties. For some buyers, the change could mean tens of thousands of dollars in savings…
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These Canadian Cities Have the Most Expensive Rent in 2026

Despite falling rents across much of the country, several Canadian cities remain extremely expensive for renters. According to the Rentals.ca March 2026 Rent Report, the average asking rent in Canada fell to $2,030, marking a 33-month low and the 17th consecutive month of annual rent declines nationwide. However, some cities still command some of the highest rents in the country, particularly…
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Ontario Listings of the Week – March 12, 2026

Looking for standout Ontario homes for sale? These listings on Realtor.ca include a mix of luxury properties and affordable condos that are getting attention across the province right now. $424,900 – 2116 – 38 LEE CENTRE DRIVEToronto (Woburn) 🛏️ Bedrooms: 1 + 1🛁 Bathrooms: 1🔗 MLS link $540,000 – 1105 – 20 MINOWAN MIIKAN LANEToronto (Little Portugal) 🛏️ Bedrooms: 1 + 1🛁 Bathrooms: 1🔗 MLS Link…
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Toronto Condo Market in “Recession” as Supply Outpaces Demand, BMO Says

Toronto’s condominium market is facing one of its most challenging periods in years, according to a new analysis from BMO Capital Markets. Economists at the bank say the Greater Toronto Area condo sector is effectively in a housing recession, with falling prices, weak sales, and a large pipeline of supply that buyers and investors are…
