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Carney’s Stop to the Capital Gains Tax Changes—How It Will Impact Housing Canadians and businesses can now expect some clarity and certainty surrounding two tax issues. Canadian Prime Minister Mark Carney and his Liberal government recently announced that they would cancel the proposed increase in the inclusion rate for the capital gains tax. In addition,…

Benchmark Rate Sits at 2.75% The Bank of Canada has maintained its benchmark interest rate at 2.75 per cent, following seven consecutive cuts, citing weaker confidence, slower economic growth and the potential for higher inflation as reasons for its decision. The Bank noted that the shift in US trade policy and the unpredictability of tariffs…

Splitting Up? How Spousal Buyouts Work Navigating the aftermath of a divorce or separation can be complicated at the best of times, but there are extra challenges when property is involved. A spousal buyout is a practical solution that allows one partner to retain ownership of the shared home without the need to sell. This…

The Land Lease Option Owning a home has become increasingly challenging due to rising real estate prices and limited availability in prime locations. For many Canadians, traditional home ownership is out of reach. But what if there was an alternative? Land lease home ownership offers a more affordable way to own a home without the…

What to Do If Your Home Appraisal Comes in Low: A Guide for Canadian Homeowners Whether you are buying a home or refinancing your existing one, you will need an appraisal: an expert’s informed opinion of the value of your home. If your appraisal comes in lower than your offer, you will need to make…

Strong economic growth, coupled with an almost 10-per-cent increase in population over a three-year period, have contributed to continued upward momentum in the luxury segment of the Saskatoon real estate market. Demand remains strong for high-end homes priced over $700,000, with year-to-date sales doubling over 2024 levels. Forty-four homes were sold in the first two…

While concerns regarding the impact of future US tariffs on the oil and gas industry and the upcoming federal election exist, there appears to be nominal pullback in the luxury sector of the Calgary real estate market with sales over $1.5 million up more than 11 per cent over last year’s levels. Sixty-eight properties changed…

Despite a strong start to the year, sales of luxury detached housing in the Greater Vancouver real estate market fell short of year-ago levels in the first two months of 2025, as concerns over trade wars and election jitters rattled the market. Sales of detached properties over the $3-million price point fell by 21.4 per…

Stability continues to characterize the luxury segment in the Moncton real estate market, despite ongoing economic and political uncertainty in Canada. Luxury sales are up 19 per cent year to date, with 50 properties changing hands over the $500,000 price point compared to 42 during the same period in 2024. Read the full national report…

Declining interest rates have served to bolster activity in the luxury segment of the Montreal real estate market in the first two months of the year, with sales building on momentum gained in the final quarter of 2024. Twenty-five luxury properties sold over the $2.5 million price point in January and February of this year,…