Category: alberta
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Calgary Real Estate Market Update – June 2025
The Calgary housing market remains one of Canada’s most resilient in 2025, showing continued strength in both demand and pricing. Unlike other major cities, Calgary real estate is benefiting from population growth, strong employment numbers, and relative affordability. Here’s what buyers and sellers need to know this month. 📊 Calgary Housing Prices – June 2025…
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Re/Max Canada Terminates Franchise Agreement with Calgary’s Re/Max Central Amid Ongoing Fallout
Re/Max Canada has officially severed ties with one of its top-performing brokerages, Calgary’s Re/Max Real Estate (Central), following internal controversy and growing reputational concerns. According to internal emails obtained by Postmedia, the franchise agreement was terminated effective immediately on May 30, 2025. “This action was taken to protect the Re/Max brand and your business,” Re/Max…
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Bank of Canada Expected to Hold Rates at 2.75% This Wednesday- More Cuts Likely in 2025
Canada’s central bank is widely expected to hold interest rates at 2.75% this Wednesday, with economists predicting at least two more cuts before the end of 2025. According to a recent Reuters poll, over 75% of economists surveyed (20 out of 26) believe the Bank of Canada (BoC) will keep rates steady as it waits…
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Alberta Housing Prices Are Climbing- But Why Are Sales Dropping in 2025?
The Alberta housing market is experiencing a unique blend of rising home prices and declining sales activity, according to the latest reports from WOWA and New Homes Alberta. As of April 2025, market data shows that while prices are increasing, buyer activity has slowed significantly, leading to higher inventory levels and changing dynamics across the…
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Canadians Falling Behind on Mortgages and Loans, Says Equifax
A recent Equifax Canada report reveals a significant increase in mortgage and loan delinquencies across Ontario, highlighting growing financial strain among homeowners. In the first quarter of 2025, Ontario’s 90+ day mortgage delinquency rate rose to 0.24%, marking a 71.5% increase compared to the same period in 2024. This surge is attributed to homeowners facing…
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Up to $50K in Savings: New GST Rebate for First-Time Canadian Home Buyers (2025)
If you’re a first-time home buyer in Canada, you may be eligible for a major new rebate that could save you up to $50,000 on your new home. On May 27, 2025, the federal government introduced the First-Time Home Buyers’ GST Rebate (FTHB GST Rebate)—a game-changing measure designed to make homeownership more affordable and accessible…
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Inside the Airbnb Crackdowns: How New Rules Are Reshaping Canadian Housing
From Vancouver to Toronto, strict short-term rental laws are changing how Canadians buy, rent, and invest in real estate. If you’ve ever dreamed of turning a spare unit into passive income, you may want to check your local bylaws. In 2025, cities across Canada have implemented major crackdowns on Airbnb and other short-term rental (STR)…
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85% of Canadians Now Living Paycheque to Paycheque, Says H&R Block Survey
Rising costs of living put increasing pressure on household finances across Canada A new survey from H&R Block Canada reveals a sobering financial reality for many Canadians: 85% of respondents say they are living paycheque to paycheque in 2025, a steep increase from 60% reported in a similar study conducted in 2024. The findings underscore…
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Canadian Household Debt Surpasses $3 Trillion, Fueled by Mortgage Growth
Debt is rising twice as fast as in 2019 – with mortgages driving the surge Canadian households have officially crossed a new milestone: total credit market debt exceeded $3 trillion for the first time in the fourth quarter of 2024, according to Statistics Canada. Despite high interest rates and weak home sales, borrowing remains strong…
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Former Calgary Real Estate Agent Charged in $1.9M Investment Fraud Scheme
At least 16 victims allegedly misled by high-interest real estate loan scam A former Calgary real estate agent is facing serious fraud charges after allegedly scamming 16 investors out of nearly $2 million through a series of short-term, high-interest “real estate investments.” According to a Calgary Police Service news release issued May 8, 2025, the…
Canada Housing Market 