Some developers offered to cover up to one year of mortgage payments on new homes. The offer capped at about $50K, suggesting homes around $1M, with move-in by end of 2026. Experts say buyer incentives grow during slow markets, and perks are more common now. Another builder offered up to a year of property taxes, […]

The spring real estate market shows varied trends, with some regions experiencing price drops and others remaining competitive. Increased inventory offers buyers more options and negotiation power, especially in overlooked areas. Sellers must price homes accurately, improve presentation, and consider incentives. Rising mortgage rates impact affordability, leading to market corrections. Overall, a more balanced market

The holiday has been observed since 1845, as a celebration to honour Queen Victoria. The day unofficially signals the start of summer for many Canadians. It is celebrated with parades and fireworks in some cities. Sending our warmest wishes to everyone for a happy and peaceful long weekend.

The Canada real estate market is expanding steadily, driven by strong demand and long-term demographic trends. Valued at USD 188.6 billion in 2025, it is projected to reach USD 237.0 billion by 2034, with a CAGR of 2.50% from 2026 to 2034. Growth is supported by stable investment activity and ongoing demand in residential, commercial,

Canada faces increasing extreme weather risks impacting real estate, including floods, ice storms, wildfires, and coastal erosion. Insured losses exceeded $8 billion in 2024, causing insurers to withdraw coverage in high-risk areas, affecting property financing and values. Climate-resilient development now requires integrating adaptive design from site selection to construction, guided by updated risk data and

Oil-driven inflation spike raised rate hike risks, pushing fixed mortgage rates higher in early 2026. Higher borrowing costs and uncertainty slowed spring activity despite peak seasonal demand expectations. CREA revised forecats: -Home sales: 474,972 units, ↑ 1% yearly. -Avg home price: ↑ 1.5% to $688,955 2027 outlook: sales up 2.1% to 485,071, prices +0.9% to

Canada’s housing market is entering a slower phase, with weak demand, cautious buyers, and modest price growth expected through 2026 and into 2027. Economic slowdown, higher mortgage renewals, and weak income growth are limiting affordability, keeping home sales below historical averages nationwide. Construction activity is declining, especially in condo-heavy markets like Toronto and Vancouver, reducing

Canada’s housing starts softened again in Late-Q1 2026. The annualized pace ↓6% MoM to 235,852 units, while the 6-mo trend ↓2.9% to 248,378. Actual starts in larger population centers still ↑10% yearly to 16,398 in Late-Q1, lifting the year-to-date total to 49,206, up 9% from 2025. An economist said the yearly gain mostly reflected an

Canada's housing starts fell 6% in March to 235,852 units, with the six-month trend also declining. The slowdown was mainly due to a 7% drop in urban multi-unit starts, while single-detached starts fell 2%. Most provinces saw declines, notably Ontario and British Columbia, except Quebec, which rebounded. Housing starts have been trending lower since September

The Canadian government introduced Bill C-26, proposing a $1.7 billion fund to improve housing supply through transfers to provinces and territories that partner on this initiative. The funding aims to boost development and protect jobs in the homebuilding sector amid economic uncertainty. The impact will vary by region based on partnership participation, reflecting expert recommendations.