Tag: mortgage-rates
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Bank Of Canada Interest Rate Decision October 28: Economists Predict A Possible Rate Hike
The Bank of Canada is preparing to announce its next interest rate decision on Wednesday, October 28, 2026, and Canadians could be facing higher borrowing costs. After keeping its benchmark interest rate unchanged at 2.25% for nearly a year, the central bank is facing growing pressure to raise rates as inflation climbs. According to a…
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Ontario Home Sales Just Fell To Their Lowest August Level In 25 Years
Ontario’s housing market just recorded its slowest August for home sales in a quarter century. Only 13,620 homes changed hands across Ontario in August 2026, according to the latest statistics from the Canadian Real Estate Association and Ontario Real Estate Association. That was a 6% decline compared with August 2025 and the lowest number of…
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Calgary Home Sales Fall 13% as Condo Demand Weakens
Calgary’s housing market is starting to cool, with new data showing a noticeable slowdown in activity, especially in the condo segment. According to the Calgary Real Estate Board, a total of 1,881 homes sold in March, down 13% compared to the same time last year. The pullback is being driven largely by weaker demand for…
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Ontario Cottage Country Prices Expected to Rise in 2026 as Supply Remains Tight
Ontario’s cottage country housing market could see another price increase this year, as limited inventory continues to support values despite broader economic uncertainty. A new report from Royal LePage forecasts that demand for recreational properties will remain strong across Canada in 2026, with prices expected to climb modestly. Cottage Prices Expected to Increase Again in 2026 According…
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January 2026 Calgary Housing Market – Prices, Sales & Trends
February 3, 2026 The Calgary housing market entered 2026 with notable shifts in sales activity, inventory levels and pricing, according to the latest data from the Calgary Real Estate Board (CREB®). After several years of tight supply and strong price growth, the market is increasingly showing signs of balanced conditions, with rising inventory, mixed sales…
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Edmonton Home Prices Rise While Condo Values Slide – WOWA Flags A Split Market Heading Into 2026
January 18, 2026 Edmonton’s housing market ended 2025 with a clear two-speed story: overall prices moved higher, but condos moved the other way. New data from WOWA’s December 2025 Edmonton housing market report shows the average home price rose month over month and year over year, even as transaction volume fell and apartment prices posted…
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Calgary Home Sales Fell 14% in December 2025 as Prices Dropped and Inventory Rose: CREB
Calgary’s housing market ended 2025 with slower activity, softer pricing, and a meaningful rise in resale supply. New figures show 1,126 homes sold in December 2025, down 14.2% compared with December 2024, while the city’s residential benchmark price fell 4.7% year-over-year to $554,700. The Calgary Real Estate Board (CREB) says 2025 was a “year of…
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Edmonton Housing Market Forecast 2026: What Buyers and Sellers Need to Know Now
As 2026 begins, Edmonton’s housing market continues to stand out for its stability and affordability. While it does not experience the same volatility as other major Canadian cities, Edmonton remains attractive to first-time buyers, investors, and migrants seeking value. This Edmonton housing market forecast for 2026 outlines price expectations, buyer demand, and migration patterns, offering…
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Calgary Housing Market Forecast 2026: What Buyers and Sellers Need to Know Now
As 2026 begins, Calgary’s housing market remains one of the most closely watched in Canada. Strong population growth, steady employment, and continued affordability relative to Ontario and British Columbia have kept demand elevated – even as the market shows signs of cooling from its peak pace. This Calgary housing market forecast for 2026 breaks down…
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Canadian Housing Market Update – December 2025: Rate Cuts Fail to Revive Home Sales
November was widely expected to be a turning point for Canada’s housing market. After two consecutive interest rate cuts from the Bank of Canada, borrowing costs fell to levels many buyers had been waiting for. Instead, new data shows home sales declined across most of the country, reinforcing the idea that lower rates alone are…
