Homebuyers stayed on the sidelines in February 2025, leading to a significant drop in home sales across the country, according to the latest market report from the Canadian Real Estate Association (CREA). With the ongoing trade war between Canada and the United States, market activity slowed to its lowest level in over a year.
1 in 10 are considering downsizing, relocating to a more affordable region or renting out a portion of their home to combat higher borrowing costsHighlights:
57% of Canadians whose mortgage is renewing in 2025 anticipate their monthly payment will increase, while 40% expect their payment will stay the same or decrease.
Buying your first home is surely a major milestone, which can be full of excitement, but also some anxiety. From mortgages and down payments, to government programs and house hunting, there’s a lot to take in.Luckily, it’s easy to understand how to buy your first home with the right tools and expertise. The first step on the journey is to make sure...
After showing signs of life in June following the Bank of Canada’s first interest rate cut in more than four years, Canada’s housing market took a bit of a breather last month, according to the latest housing report from the Canadian Real Estate Association (CREA). In July 2024, home sales across Canadian MLS® Systems decreased 0.7% compared to the...
For those of us living on the West Coast, yesterday's solar eclipse wasn't much of a visual event. My brother-in-law happens to live on the East Coast and be an avid photographer. Sean captured this amazing image.