Tag: atlantic canada housing market
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Newfoundland Hasn’t Had This Few Homes For Sale In More Than 20 Years
Finding a home for sale in Newfoundland and Labrador is getting increasingly difficult, with housing inventory now sitting at levels the province hasn’t seen in more than two decades. There were just 2,847 active residential listings across Newfoundland and Labrador at the end of August 2026, according to the latest data from the Canadian Real…
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A Record Number Of Homes Just Hit The Market In PEI
Prince Edward Island’s housing market just hit a new record, but it might not be the kind homeowners were expecting. A total of 360 new residential listings hit the PEI market in August 2026, making it the highest number of new listings ever recorded during the month of August, according to the latest data from…
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Atlantic Canada Is the Only Region Where Rents Are Still Rising in 2026
While rent prices are falling across much of Canada, Atlantic Canada is moving in the opposite direction. According to the Rentals.ca March 2026 Rent Report, average asking rents across the country declined to $2,030 in February, marking a 2.8% year-over-year drop and the 17th consecutive month of annual rent declines nationwide. However, Atlantic Canada recorded an 8.0% increase in rents year-over-year, making…
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Canada’s Rental Crisis Moves East: Nova Scotia Now Least Affordable Province
Canada’s rental market shows signs of improvement overall, but the picture varies widely across the country. A recent Rentals.ca report indicates that while the rent-to-income gap has narrowed slightly since peaking in early 2023, affordability remains a challenge for most provinces. Only Alberta meets the commonly used threshold for affordability, where median households spend 30% or less of their…
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Atlantic Canada Housing Market Update 2025: Prices Rise in Halifax and Newfoundland, Drop in Cape Breton
Atlantic Canada’s real estate market is showing mixed results in 2025.Some cities are booming, while others are cooling down. According to Mortgage Professional America (MPA Magazine, September 2025), prices are up in Halifax and Newfoundland, but down in Cape Breton. Halifax-Dartmouth: Prices Up 5.8% Halifax remains one of the most in-demand cities on the East Coast.…
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Best Places to Invest in Canadian Real Estate in 2025
Whether you’re buying, selling, or investing, knowing where the hottest real estate markets are in Canada is essential to making smart real estate decisions.As 2025 unfolds, traditional hotspots like Toronto and Vancouver are becoming less accessible for first-time buyers and less profitable for investors. Meanwhile, emerging real estate markets across the Prairies, Atlantic Canada, and Quebec are drawing national attention. What…
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Bank of Canada cuts key interest rate for first time since March, bringing policy rate to 2.5%
The Bank of Canada has officially lowered its key interest rate for the first time since March 2025, cutting the policy rate by 25 basis points to 2.5%. The move had been widely anticipated by economists, as signs of economic weakness and cooling inflation have been building throughout the summer. Why Did the Bank of Canada…
