Category: Uncategorized
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Calgary Risks Losing $129 Million In Housing Funding After Rezoning Repeal
Calgary may lose up to $129 million in federal housing funding after city council voted to repeal citywide rezoning, according to a new internal email from the Canada Mortgage and Housing Corporation (CMHC). The federal government has reportedly paused further payments until it receives clarity on the city’s long-term zoning direction. The potential funding freeze…
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This $550K Queen West Condo for Sale Comes With 7 Parking Spots
If you’ve ever complained about not having enough parking in Toronto… this listing is about to blow your mind. A $550,000 condo at 36 Lisgar St in Little Portugal just hit the market, and it comes with something you almost never see in the city: seven owned parking spots. Yes, seven. Unit 1210E is a functional 1+1 bedroom suite offering 500–599 square feet, currently…
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This Oakville Home Listed at $3,199,999 Looks Straight Out of a Design Magazine
A rare blend of smart luxury, European-inspired finishes, and resort-level comfort, 519 Third Line in Oakville is one of the most thoughtfully designed homes currently on the market. Listed at $3,199,999, this 4+2 bedroom, 5-bathroom residence offers 3,000 + square feet of curated elegance in one of Oakville’s most desirable west-end pockets. From the moment you pull into…
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Ontario Condos Are One-Third Smaller Than They Used To Be – But Cost Way More
Ontario condos have gone through a major transformation over the past four decades, and not in a way most buyers would expect. New data shows that condo units across the province have shrunk roughly one-third in size since the 1970s, even as prices have climbed to record levels. The trend, often called “shrink-flation,” has become a defining feature of…
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Canadian Mortgage Arrears Climb To Highest Level Since 2020
Canada’s major banks are facing rising borrower stress once again. New data from the Canadian Bankers Association (CBA) shows mortgage arrears have climbed to a 5 year high as of September. The increase comes at a time when the total number of mortgages is shrinking, meaning each delinquent borrower now carries more weight in the…
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What Experts Predict for the Dec 10 Bank of Canada Rate Announcement
The Bank of Canada’s next interest rate decision on December 10, 2025 is one of the most anticipated announcements of the year. After cutting the overnight rate to 2.25% in October, economists are now divided on whether the Bank will continue easing or pause to assess the economy. Most experts agree on one thing: a hold is now…
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Toronto Mortgage Payments Now Eat Up More Than 110% Of Family Income
A new report from the Fraser Institute paints a stark picture of homeownership in Ontario. To buy a typical home in Toronto, a family earning the median after-tax income would need to spend 110.2% of that income on monthly mortgage payments, even after making a 20% down payment. In simple terms, the average family in…
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Ontario Home Prices Are Down 6.7% – But Is This The Bottom Or Just A Pause?
Ontario home prices have dropped 6.7% year-over-year, with condos down ~8.8% and townhouses down ~7.4%. We break down by property type, explore whether we’re at the floor, and what rate cuts could mean for buyers and sellers. 1. A Breakdown by Property Type The broad “average home price” number doesn’t tell the full story. Here’s…
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7 Tiny Lifestyle Changes That Could Save You $10,000 On Your Mortgage
Small financial tweaks and mortgage hacks that could save Canadian homeowners thousands. These 7 tiny changes can cut interest, shorten your amortization, and reduce monthly stress.
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Rentals.ca November Rent Report Shows Canada Rents Falling For 13th Month
Canada’s rental market continued its cooling trend this fall, with October marking the 13th straight month of year-over-year rent declines, according to new data from Rentals.ca and Urbanation. While rents are still elevated compared to pre-pandemic levels, the pace of decline is slowing, suggesting the market may be nearing a floor. National Rent Trends Show Slower Declines…
Canada Housing Market 