Tag: mortgage-rates
-
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…
-
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…
-
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.
-
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…
-
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…
-
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…
-
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…
-
The Best (and Worst) Places to Buy a Home in Canada Right Now
Navigating Canada’s housing market in Spring 2025 comes down to location, affordability, and long-term value. While home prices are stabilizing in many provinces, some cities are emerging as unexpected gems for buyers and investors-while others remain out of reach. Here’s where your money goes further, and where to think twice. Best Places to Buy a…
-
Toronto Home Sales Jump 44% in October as Rate Cuts Draw Buyers Back to the Market
Toronto’s real estate market saw a major upswing in October, with home sales in the Greater Toronto Area (GTA) surging 44.4% year-over-year, according to the Toronto Regional Real Estate Board (TRREB). Industry experts say recent rate cuts by the Bank of Canada have boosted affordability and spurred buyers to return to the market, especially as…
-
Bank of Canada’s Rate Cut: Limited Impact on Real Estate Market
On July 24, 2024, the Bank of Canada lowered its key interest rate by a quarter percentage point to 4.5%. While this move is intended to combat inflation and stimulate economic growth, experts suggest that its immediate impact on the real estate market will be limited. Modest Rate Cut and Market Expectations John Lusink, President…
Canada Housing Market 