February 2025 Housing Market Update

Monday, March 10, 2025

Market optimism faded in February as trade war fears and harsh weather slowed activity across major cities. Toronto: Home resales plunged 29%, hitting a new cycle low. Increased listings gave buyers leverage, pushing prices down 1.5% month-over-month. Montreal: Sales fell 11%, the steepest drop i...

Mardi Gras Tariff Blues & Housing Prices

Tuesday, March 4, 2025

Warren Buffett has famously referred to tariffs as an “act of war” and warned that, unless the tooth fairy intervenes, they are inevitably inflationary. Given this perspective, it’s reasonable to view former President Donald Trump’s declared tariffs as a sign of economic h...

Catch the Rare 7-Planet Parade and the Booming Start of Canada’s Housing Market

Wednesday, February 26, 2025

This Friday, February 28, 2025, a rare 7-planet parade will light up the sky in a mesmerizing display. Mercury, Venus, Mars, Jupiter, and Saturn will be visible to the naked eye, while Neptune and Uranus require a telescope. The best time to see it? Right after sunset – don’t miss out on this onc...

Sellers Take the Lead as Canada’s Housing Market Kicks Off 2025

Tuesday, February 11, 2025

The new year has sparked renewed confidence among Canadian home sellers, leading to a surge in new listings across major cities like Vancouver, Toronto, and Montreal. Transaction activity also saw an uptick in markets such as Toronto, Edmonton, and Montreal, signaling that the market is continuin...

The Yin-Yang of the Toronto Condo Crisis

Tuesday, January 21, 2025

Currently, nearly 100 uncompleted condo high-rises across the GTA are in financial jeopardy. At the same time, homelessness in Toronto is estimated to exceed 80,000. Such financial crises are often a playground for shrewd investors with deep pockets. But why should REITs and investment firms be t...

2025 Predictions for Real Estate in Canada

Friday, January 10, 2025

Predicting the real estate market in Canada for 2025 involves assessing a range of economic, demographic, and policy factors. While no prediction can be exact, here are some potential trends and developments to watch for in the Canadian real estate market in 2025: 1. Price Stabilization or Slow G...

Finance minister Doubles Down of RRSP contributions

Thursday, April 11, 2024

Finance Minister Freeland doubles down on eligible RRSP contributions and extends the repayment period. Will these initiatives make a difference? How can you take advantage of these new rulings? Simply Contact any of the Experienced Agents for a confidential discussion and embark on your journey ...

Nothing Seems Impossible in Spring

Monday, March 25, 2024

Repositioning the housing market is one of those annual conundrums. According to C.M.H.C, if the market place is to restore the factor of Affordability Canada will need to build approx. 3.5 million additional housing units by 2030. Fortuitously most people have heard the federal government annou...

The New Generational Rodeo!

Friday, January 5, 2024

Feeling Verklempt about the recent mortgage rates ?

Friday, November 24, 2023

Feeling Verklempt about the recent mortgage rates ? Apparently the Lone Ranger and Tonto are apparently riding to your rescue. The Government intends to introduce a New Canadian Mortgage Charter. Salient points: 1: Extended Mortgage Amortization Periods. 2: Allowing borrowers to switch lenders un...