Benchmark Rate Now Sits at 3.25% In a widely expected move, the Bank of Canada has continued the downward trajectory with a second consecutive half-point cut to its benchmark interest rate, which now sits at 3.25%. This marks the fifth interest rate cut in a row, despite s slight uptick in inflation, which rose to…

Nova Scotia’s southern coast is renowned for its stunning natural beauty. From the iconic lighthouse at Peggy’s Cove to the historic Bluenose II and pristine oceanfront beaches, the area offers breathtaking landscapes that are perfect for relaxation and outdoor activities. Imagine waking up to the sound of the ocean and spending your days exploring picturesque…

Getting approved for a mortgage can be tough. Lenders dig into every aspect of your financial life, from your credit history to your job and debt levels. With rising real estate prices in cities like Toronto and Vancouver and higher interest rates, securing a traditional mortgage has become even more challenging. If you’ve recently been…

How much does it cost to live in Toronto? If you wish to live in the heart of North America’s fourth-largest city, you should be aware that the average price for a home in the Toronto real estate market was $1,114,267 (January 1-October 31, 2024). Put simply, it takes plenty of capital to live in…

Over the last year, many cases of condominium special assessments have occurred. From Calgary to Toronto, real estate markets across the country are seeing a rise in tenants facing a special assessment on a condo suite. This is forcing many owners to endure thousands of dollars in extra costs or sell their suites for below-market…

If you’ve wondered how much it costs to build a house in Canada, you’re not alone. While housing supply has improved across many Canadian real estate markets, inventory is still far below the historical averages in major urban centres, suburbs, and rural communities. Is purchasing a resale residential property or buying bare land and building…

The average sale price in the Kenora housing market has increased by 2.1 per cent across all property types between 2023 and 2024, from $318,688 to $325,271. The number of sales transactions increased by 1.8 per cent for the same time period, rising from 2,030 sales in 2023 to 2,067 sales in 2024. Meanwhile, the total…

The average residential sale price in Fredericton/Oromocto housing market has increased by 6.2 per cent across all property types between 2023 and 2024 from $320,378 to $340,320. The number of sales transactions increased by 4.25 per cent for the same period (from 1,954 to 2,037). The total number of listings increased by 8.5per cent (from 2,668…

The average sale price in the Simcoe County housing market has decreased by 0.7 per cent across all property types year-over-year, from $810,249 in 2023 to $804,250 in 2024. The number of sales transactions decreased by 29.7 per cent for the same time period, from 2,361 units sold in 2023 to 1,659 sales in 2024….

The average sale price in the Edmonton housing market has increased by 7.7 per cent across all property types between 2023 and 2024 from $400,833 to $ 431,839. The number of sales transactions has also increased by 27.5 per cent during the same time period (from 19,799 home sales in 2023 to 25,252 home sales in…