Tag: ontario housing market
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Canada Cuts Housing Budget 56% Despite Crisis – PBO Warns CMHC Funding at Risk
Canada’s federal housing strategy just took another major hit. According to a new report from the Parliamentary Budget Officer (PBO), Ottawa is set to cut housing spending by 56% over the next few years, even as affordability hits historic lows. The PBO also warns that the CMHC is facing deep funding reductions that could affect…
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This Oakville Home Listed at $3,199,999 Looks Straight Out of a Design Magazine
A rare blend of smart luxury, European-inspired finishes, and resort-level comfort, 519 Third Line in Oakville is one of the most thoughtfully designed homes currently on the market. Listed at $3,199,999, this 4+2 bedroom, 5-bathroom residence offers 3,000 + square feet of curated elegance in one of Oakville’s most desirable west-end pockets. From the moment you pull into…
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Ontario Condos Are One-Third Smaller Than They Used To Be – But Cost Way More
Ontario condos have gone through a major transformation over the past four decades, and not in a way most buyers would expect. New data shows that condo units across the province have shrunk roughly one-third in size since the 1970s, even as prices have climbed to record levels. The trend, often called “shrink-flation,” has become a defining feature of…
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What Experts Predict for the Dec 10 Bank of Canada Rate Announcement
The Bank of Canada’s next interest rate decision on December 10, 2025 is one of the most anticipated announcements of the year. After cutting the overnight rate to 2.25% in October, economists are now divided on whether the Bank will continue easing or pause to assess the economy. Most experts agree on one thing: a hold is now…
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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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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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This $399K Detached Home in Hamilton Is Perfect For First-Time Buyers – And It’s 10 Minutes From the Waterfront
A freehold detached home in Hamilton’s up-and-coming Keith neighbourhood just hit the market for $399,888, and it’s one of the most affordable detached options in the city right now. With three bedrooms, nearly 1,300 sq. ft. of living space, and two-car parking, this home delivers serious value for buyers struggling to enter the Ontario housing market. 📍 56…
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Barrie Condo Listed for $299,000 Offers Lake Simcoe Views From Every Room
A two-bedroom condo with uninterrupted Lake Simcoe views from every room has just hit the market in Barrie for $299,000 – a rare find at this price point, especially for buyers looking for water views, proximity to transit, and all utilities included in the condo fees. 705 – 414 Blake St, Barrie | Listed at $299,000Listed by Alex Monge…
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Canadian and US Real Estate Affordability Improved, Still Near Record Lows
Housing affordability is finally showing signs of life in both Canada and the United States. A new report from BMO Capital Markets shows that falling home prices and lower borrowing costs have pushed affordability to a multi-year high in both countries. However, the bank warns that the improvement is modest and affordability remains near multi-generational lows. In…
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Toronto Mayor Olivia Chow Opposes Ontario’s Bill 60, Says It Weakens Tenant Protections
Toronto Mayor Olivia Chow is pushing back against Ontario’s proposed Bill 60, warning that the legislation could strip away key protections for renters and make evictions easier across the province. Chow announced her opposition after reviewing the latest version of the bill introduced by Premier Doug Ford’s government. While the province says the goal is…
