Tag: Canadian real estate trends
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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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Calgary Becomes the Top Destination for GTA Residents as 2,500 Families Relocate in 2024
A new analysis from Environics Analytics reveals a major migration shift: Calgary is now the number-one out-of-province destination for families leaving the Greater Toronto Area. In 2024 alone, about 2,500 GTA families moved to Calgary, reflecting a growing trend of Ontarians seeking affordability, space, and a more balanced housing market. This westward movement highlights significant lifestyle and economic changes shaping…
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RBC: Confidence Slowly Returning to Canada’s Housing Markets as Sales Rebound in Key Cities
Canada’s housing market is showing early signs of recovery, with home sales momentum building in several regions, according to the latest market update from RBC Economics. While prices in affordability-challenged areas like Toronto and Vancouver remain under pressure, increased sales activity suggests buyer confidence is gradually returning. Prices Still Falling in High-Inventory Markets RBC reports…
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Will Interest Rates Drop in Canada in 2025? What It Means for Buyers, Investors & Homeowners
The question on everyone’s mind as we head into Spring 2025: Will interest rates drop in Canada this year? With the Bank of Canada holding its overnight lending rate at 5.00% since July 2023, many Canadians are anxiously awaiting signs of a rate cut. Here’s what current data, expert forecasts, and economic indicators suggest for…
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Canada’s Top 10 Trending Cities for Renters in 2025: Where Apartment Hunters Are Looking
Canada’s Most In-Demand Rental Markets As home prices remain high and inventory remains tight, renting continues to be the preferred choice for many Canadians. A recent report by RentCafe shows shifting interest across the country, with some unexpected cities climbing the ranks. Here are the top 10 most sought-after cities for renters in 2025: 1.…
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Cheapest Provinces to Live in Canada with the Best Quality of Life in 2025
When it comes to finding the perfect place to live, Canadians are often looking for the ideal balance of affordability and quality of life. In 2025, provinces like Newfoundland and Labrador, New Brunswick, and Saskatchewan are leading the way as the most budget-friendly regions with excellent living conditions. Whether you’re planning a move or simply…
Canada Housing Market 