Tag: realtor
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99% of Calgary Neighbourhoods Are Selling Below Asking (What It Means for Buyers)
Calgary’s housing market has shifted over the past year, and new data suggests most neighbourhoods are no longer seeing the over-asking frenzy buyers got used to. According to a recent analysis from Wahi, 99% of Calgary neighbourhoods with five or more sales in Q3 2025 saw homes sell below list price, a clear sign that…
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How Much Do You Need to Earn to Afford a Home in Toronto vs Halifax vs Calgary?
The question of housing affordability is on every Canadian’s mind. Whether you’re considering a move across the country or wondering how your city stacks up, income requirements vary drastically depending on the housing market. Let’s break down how much you’d need to earn to afford an average home in Toronto, Halifax, and Calgary. Toronto: Canada’s…
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Calgary Housing Market Report December 2025
The Calgary housing market continued to shift toward balanced conditions in November 2025, with rising inventory, softening sales, and moderating price growth across most property types. According to new data from WOWA, Calgary remains more stable than other major Canadian markets, even as affordability challenges and economic uncertainty shape buyer demand. Inventory Climbs 28 Percent…
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Canadians Would Pay 75% More Interest With 40-Year Mortgages, Says PBO
Canada is once again debating longer mortgage amortizations as a way to fix housing affordability. But a new analysis from the Parliamentary Budget Officer (PBO) warns the idea may create more problems than it solves. While a 40-year mortgage lowers monthly payments, borrowers end up paying 75% more interest over the life of the loan. The report…
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Vancouver’s First-Time Homebuyer Age Has Exploded to 46 in 2025
New data shows first-time buyers in Vancouver are no longer in their 20s or early 30s, most are getting keys in their mid-40s. First-Time Buyer Ages: The New Reality According to a 2025 global affordability study by Bloom Holding, first-time homebuyers in Vancouver, BC now typically buy their first home around age 46, far older…
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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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Canadian Mortgage Arrears Climb To Highest Level Since 2020
Canada’s major banks are facing rising borrower stress once again. New data from the Canadian Bankers Association (CBA) shows mortgage arrears have climbed to a 5 year high as of September. The increase comes at a time when the total number of mortgages is shrinking, meaning each delinquent borrower now carries more weight in the…
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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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Here’s What $1M Homes Look Like Across Canada – November 2025
Curious what 1 million dollars buys in Canada right now? From Toronto condos to Nova Scotia waterfront homes, here’s a cross country snapshot of what 1M homes look like in November 2025.
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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.
Canada Housing Market 