The Bank of Canada held interest rates at 2.75% for the second consecutive meeting, matching market expectations. Policymakers said the decision came as the central bank gains more information about the impact of Donald Trump’s trade war. Officials also said the economy has “h...

Months of Supply Reach Highest Point Since 2009

Bank of Canada cuts interest rates by another 25 basis points January 29th, 2025

Five reasons why home prices will rise 10% in 2025 | Financial Post

Home sales improved as 2024 wrapped upJan 3, 2025| Press Releases, UncategorizedPrice growth moderated in 2024, signaling a positive shift for homebuyersHamilton, ON (January 3, 2025) – The higher interest rate environment and economic uncertainty weighed on housing market act...

Conservative Party Leader, Pierre Poilievre says he will axe Canada’s 5% national sales tax on new construction homes under $1 million if he is elected. Poilievre says this decision would save Canadians about $40,000 on a $800,000 home. Poilievre also wrote a letter to provinc...

By  The Canadian PressTORONTO - A new report says that while fewer young Canadians own a home compared with three years ago, a majority of millennials and Gen Z adults still plan to purchase one in the next five years.Scotiabank’s 2024 housing poll says the number of Canadians...

Sales rise for the second month in a row

Bank of Canada Governor, Tiff Macklem recently spoke at an event explaining the central bank’s aggressive rate cut decision last week. Macklem says the decision to cut rates more than a quarter point “makes sense” given how aggressive the hiking cycle was. He also said the ban...

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Partner UpdateSeptember 30th, 2024 Just back from a few weeks of vacation and checking in with updates on some very important changes. On September 16th, the federal government announced that they would be increasing the cap on insured mortgages and expanding 30 year loans to ...