Here’s the good news: a cooler market often means more choice and less pressure . When more homes are available—whether that’s new construction finishing, more
The rise of Short Term rentals has undeniably reshaped Canada's accommodation and housing markets over the past decade. Facilitated by online platforms, homeowners found new
The Bank of Canada (BoC) has been making headlines with its series of interest rate cuts, and borrowers across the country are feeling the impact.
In a landmark decision, the Office of the Superintendent of Financial Institutions (OSFI) has removed the stress test requirement for uninsured mortgage borrowers switching lenders
Key Takeaways: Sales Surge: October 2024 witnessed a remarkable 31.9% year-over-year increase in Metro Vancouver Housing Market , signalling a potential market rebound. This surge,
October 2024 witnessed a resurgence in the Toronto housing market, with homebuyers returning in droves as lower interest rates reignited affordability and eased mortgage costs.
The Canadian housing market came roaring back to life in October, defying expectations and signalling a potential shift in the landscape. After months of subdued
The Canadian mortgage landscape offers a variety of options, each tailored to different needs and financial situations. While the 5-year fixed-rate mortgage reigns supreme, the
In a landmark move towards greater financial inclusion, the Alberta government has introduced legislation that will allow provincially regulated banks to offer halal mortgage products.
Canada's housing market has been a bit of a mixed bag lately, but two major cities are bucking the trend and showing signs of a
The Bank of Canada (BoC) is widely expected to announce a significant interest rate cut this Wednesday (October 23, 2024), as inflation continues its downward
In a welcome development for Canadians, the inflation rate fell to 1.6% in September, according to Statistics Canada. This marks the lowest rate since February