All Posts in Category

Echoing homebuyers’ sentiments in Western Canada, an affordable neighbourhood trumps all other factors in 75 per cent of regions surveyed in Ontario, including Toronto, ON; Ottawa, ON; Brampton, ON; Belleville, ON; Stratford, ON; London, ON and Wasaga Beach, ON. The only exception is Sudbury, ON where proximity to preferred schools, low-density neighbourhoods and accessibility to…

56 percent of Canadians say that community spaces are something they look for when buying a home. When purchasing a home in Canada, there are many factors to consider, including location, size, and price. However, one crucial aspect often overlooked is the availability and quality of community spaces. Community spaces are shared spaces that provide…

Is there renewed optimism in the Canadian real estate market? It has been more than a year since the Bank of Canada (BoC) raised interest rates, and now the policy rate is the highest since before the global financial crisis. Has Canada’s housing market baked rates into the cake? Are homebuyers taking advantage of the…

The Canadian housing market has become increasingly competitive in recent years, making it difficult for many prospective homebuyers to find and purchase their dream home. The demand for housing has driven up prices, while the supply of available properties remains limited. In this market, it’s essential to understand how to successfully find and secure a…

Let’s be honest: Buying or selling a home yourself is not ideal. In a market that requires a wide range of factors, from tax rates to regulatory measures, every prospective homebuyer and seller requires the expertise and skills that real estate agents possess. Indeed, the Canadian real estate market has evolved in many ways, from…

Buying a cottage is a dream for many Canadians, offering the opportunity to escape the city’s hustle and bustle and enjoy nature’s tranquillity. However, purchasing a cottage is a significant investment with many factors to consider. Whether you’re a first-time cottage buyer or a seasoned pro, it’s essential to approach the buying process with careful…

Will the Canadian real estate market ever return to where it was before the coronavirus pandemic? The consensus is that there is no going back, meaning that prices will likely remain higher than before the public health crisis. Despite the correction over the last 15 months due to the Bank of Canada’s monetary tightening campaign,…

In the last couple of years, reverse mortgages have gained in popularity. Recent reports suggest that reverse mortgage demand surged roughly 30 percent in 2022, with originations topping $1 billion for the second consecutive year. It is estimated that the total outstanding reverse mortgage debt is roughly $5 billion nationwide. Considering everything that has transpired…

Every year, thousands of Canadians file for bankruptcy after accumulating so much debt that they cannot keep their heads above water, particularly in a rising interest rate environment. New data from the Office of the Superintendent of Bankruptcy show that total insolvency filings across businesses and consumers advanced 13.5 percent month-over-month and nearly 34 percent…

After witnessing a meteoric ascent in home prices, has the Halifax housing market stabilized? Many first-time homebuyers looking to enter the housing market in a major urban centre that is undoubtedly growing are hoping so. And some of the data support affordability is improving. But for how much longer will this be the case? Indeed,…