Category: Uncategorized
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These 2 Toronto Homes are Listed for $1- But They Are Definitely Not Selling for That
Toronto’s housing market might be cooler than it was a year ago, but don’t let that fool you into thinking you can scoop up a house for the price of your morning coffee. Two semi-detached homes at 38 and 40 Cedarvale Avenue just hit the market for $1– yes, really- but they’re expected to sell…
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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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Dreamy Waterfront Townhome for Sale in Lagoon City – The Venice of Ontario
Live the Waterfront Lifestyle for Under $500K If you’ve been dreaming of a serene, turn-key waterfront retreat without the million-dollar price tag, this stunning townhome in Lagoon City might just be the one. Listed at $474,900, this 3-storey gem is nestled in the heart of Brechin, Ontario – a hidden gem known as the “Venice…
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GTA Condo Prices Expected to Drop Another 10% in 2025, Says TD Economics
Condo prices in the Greater Toronto Area (GTA) are poised for another year of decline, according to a new report from TD Economics. The report, authored by economist Rishi Sondhi, forecasts that resale condo prices in the GTA will fall by an additional 10% in 2025, marking a continued correction from their peak in Q3…
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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…
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How Canada’s Latest Inflation Report Is Changing Rate Cut Expectations
Expectations for a June interest rate cut by the Bank of Canada have cooled significantly following the release of April inflation data. While headline inflation fell to 1.7%, the Bank’s preferred core inflation measures rose above 3%, challenging the case for an immediate policy move. Just one week ago, markets placed the odds of a…
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Canada’s Inflation Rate Falls to 1.7% in April After Carbon Tax Cut – But Core Prices Continue to Climb
What Ontario Buyers, Sellers, and Homeowners Need to Know Canada’s annual inflation rate dropped to 1.7% in April 2025, down from 2.3% in March, according to the latest Statistics Canada report released on May 20. The sharp decline is largely attributed to the federal government’s removal of the consumer carbon tax, which contributed to falling…
Canada Housing Market 