Tag: real estate
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Bank of Canada Cuts Interest Rates Again as U.S. Tariffs Shake Canadian Economy

The Bank of Canada has cut interest rates to 2.25%, its second consecutive drop, as U.S. tariffs and trade tensions weigh heavily on Canada’s economy.
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Is Rural Alberta the Next Frontier for Affordable Living?

As Calgary and Edmonton home prices hover near $600,000, many Albertans are looking beyond city limits for a better balance of price, space, and lifestyle.Smaller towns across the province, including Airdrie, Leduc, Cochrane, and Okotoks, are becoming the new hotspots for families and remote professionals who still want urban access without urban prices. According to…
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Nearly 8 Out of 10 Dollars Canadians Owe Is Mortgage Debt – StatCan Warns of Rising Risk

Canadian real estate is once again fueling household debt, with new data from Statistics Canada showing mortgages now make up a record share of total borrowing. As of August 2025, nearly 8 in 10 dollars of household credit are tied to mortgages, a concentration that’s increasing economic risk despite slower overall borrowing. Canadian Household Debt Tops $3.13 Trillion Canada’s…
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Ontario Backs Away From 1.5 Million Homes Target – New Housing Bill Explained

Ontario introduced a new housing bill to speed up approvals and reduce costs, but the government is now non-committal about hitting its 1.5 million homes in 10 years target. Here’s what’s in the bill, why it matters, and the latest housing start data. Quick takeaways What the minister said Municipal Affairs and Housing Minister Rob…
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Canada Inflation Watch – The Core Data Canadians Need to See

Canada’s CPI rose in September, with food, rent, property taxes, and mortgage interest leading the gains. What raised eyebrows is what was not highlighted – the Bank of Canada’s preferred core inflation metrics. Here is a clear, data-focused look at what the latest CPI means. Key takeaways Note: All figures are as described in the…
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Edmonton’s Housing Surprise: Prices Up, But Affordability in Crisis

Edmonton’s housing market is defying expectations, prices are rising, yet affordability has never felt worse. While average home values have climbed more than 5% year-over-year, wages and borrowing power aren’t keeping up, leaving many buyers and renters struggling to keep pace. Edmonton’s Market Snapshot (Sources: Nesto.ca, WOWA.ca) Why Prices Are Rising 1. Limited Supply in Desirable AreasDemand for…
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Halifax-Dartmouth Housing Market Update – September 2025

Halifax-Dartmouth home sales dipped slightly in September 2025, but prices held steady at a median of $540,000. See full stats on sales, listings, and local market trends.
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Calgary Housing Market Update – October 2025

In Calgary’s 2025 real estate scene, not all homes are performing the same. Some segments are cooling, others holding firm. Let’s look at two key property types: townhouses and condo apartments. 📉 Townhouses: Average Price Down 2.3% YoY (~$457,000) 🏢 Condos: Slight Uptick – +0.4% to ~$349,000 🏘️ Broader Market Context & Trends 🧭 What…

