Tag: realtor
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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…
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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…
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RBC: Confidence Slowly Returning to Canada’s Housing Markets as Sales Rebound in Key Cities
Canada’s housing market is showing early signs of recovery, with home sales momentum building in several regions, according to the latest market update from RBC Economics. While prices in affordability-challenged areas like Toronto and Vancouver remain under pressure, increased sales activity suggests buyer confidence is gradually returning. Prices Still Falling in High-Inventory Markets RBC reports…
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Rent-to-Own Programs in Canada: What’s Legit & What’s Sketchy (2025 Guide)
As housing affordability continues to challenge Canadians, rent‑to‑own homes Canada arrangements have gained popularity, especially for first‑time buyer help Canada. These programs promise a pathway to ownership without the hefty upfront down payments. But how do they actually work in 2025, and which options are legitimate versus risky? ✅ How Rent-to-Own Works in Canada Typically structured as…
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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…
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Montreal Home Sales Jump Nearly 10% in July – Overbidding Continues to Push Prices Higher
The Montreal real estate market saw its most active July since 2021, with sales climbing 9.7% year-over-year as competitive bidding continued to drive price growth across property types. According to the Quebec Professional Association of Real Estate Brokers (QPAREB), 3,731 homes sold in July 2025, compared to 3,400 sales during the same month in 2024.…
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Calgary Home Sales Drop 12% in July as Inventory Hits Pre-Pandemic Highs
Calgary’s real estate market is showing clear signs of shifting, with home sales falling nearly 12% year-over-year in July 2025, while inventory levels surged to highs not seen since before the pandemic, according to the Calgary Real Estate Board (CREB). Supply Surge Shakes Up the Market In July, 3,911 new listings hit the market, an…
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Condo Fees in Canada Explained: What You’re Really Paying For
If you’ve been condo shopping in Canada, chances are you’ve had this moment:“Wait… the mortgage is affordable, but why are the condo fees almost as much?” Condo fees (also called strata fees in British Columbia) can feel confusing or even suspicious, especially when they vary wildly between buildings. But what are you actually paying for? This guide…
Canada Housing Market 