Tag: mortgage-rates
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Greater Toronto Area Home Sales Drop 15.8 Percent in November as Buyers Stay on the Sidelines
The Greater Toronto Area saw a sharp slowdown in housing activity in November, with home sales falling 15.8 percent year-over-year. According to new data from the Toronto Regional Real Estate Board (TRREB), only 5,010 homes traded hands last month as affordability pressures, job uncertainty, and high borrowing costs continued to weigh on buyer confidence. While…
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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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ReMax just dropped a report calling for 3.4% more home sales across Canada in 2026
ReMax Canada’s 2026 housing market forecast calls for a 3.4% rebound in home sales, softer prices, and more balanced conditions. Here is what buyers and sellers should know.
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Would You Take a 50-Year Mortgage? Trump Thinks It’s the Answer to the Housing Crisis
Housing affordability in the U.S. is at its worst point in decades, and former President Donald Trump says he has a fix: 50-year mortgages. Yes, a mortgage that lasts half a century. According to reports from Politico, ABC News, and Business Insider, Trump and Federal Housing Finance Agency director Bill Pulte are exploring longer mortgage terms to…
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53% Growth in 4 Years? Nova Scotia’s Housing Surge Fully Explained (2025 Update)
Nova Scotia’s real estate market has quietly transformed into one of Canada’s fastest-growing regions. A combination of lifestyle migration, tight inventory, and rising demand has pushed the province into a new era – one where affordability is shrinking, competition is rising, and coastal living is officially in high demand. If you’ve been wondering whether the…
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Edmonton’s Housing Market Continues to Defy Expectations
Edmonton’s housing market continues to outperform in 2025. Royal LePage projects home prices to reach $479,000 by year-end, keeping Edmonton one of Canada’s strongest and most affordable real estate markets.
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Canadian Home Sales Expected to Stay Weak Until Prices Drop, Says BMO
Canada’s housing market is unlikely to see a strong rebound anytime soon, according to a new report from BMO Capital Markets. The bank says the gap between what sellers expect and what buyers are willing to pay remains the biggest obstacle to higher sales. Until that gap closes, either through voluntary price reductions or more…
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Toronto Home Sales See Biggest Jump in Nine Months – July 2025 Market Update
The Greater Toronto Area (GTA) housing market saw its most significant boost in nearly a year this July, as home sales surged for the fourth straight month. According to the Toronto Regional Real Estate Board (TRREB), seasonally adjusted sales rose 13% month-over-month to 5,744 units – the largest increase since October 2024 and the strongest…
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Edmonton Home Prices Are Up $80K in Just Two Years
Over the past two years, Edmonton’s housing market has seen a dramatic increase in home prices—rising by nearly $80,000. While other major Canadian cities continue to struggle with affordability, Edmonton is quickly becoming one of the most talked-about real estate markets in the country. 📈 How Much Have Edmonton Home Prices Gone Up? In May…
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Should You Buy or Wait? Real Estate Predictions for Spring 2025 in Canada
🏠 Spring 2025 Housing Market in Canada: Buy Now or Wait? As we step into the spring real estate season, Canadians are facing a tough question:Should you buy now or wait? 🤔 With a potential Bank of Canada rate cut, mixed price trends, and buyer hesitation, Spring 2025 is shaping up to be one of…
Canada Housing Market 