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5 Factors That Reveal Where The Real Estate Market Is Really Headed

Tuesday Aug 3rd, 2021

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5 Factors that Reveal Where the Real Estate Market in Really Headed

5 Factors That Reveal Where The Real Estate Market Is Really Headed In a July release, the Canadian Real Estate Association reported that home sales had fallen for three months in a row after reaching an all-time high in March.1 So could one of the world’s hottest real estate markets finally be headed for a downturn? We wouldn’t bet on it. That’s because even though sales have slowed, it was still the strongest June on record—and 13% higher than last... [read more]

9 Tips for Buying and Selling Your Home at the Same Time

Wednesday Sep 1st, 2021

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9 Tips For Buying & Selling Your HOme at the Same Time

9 Tips for Buying and Selling Your Home at the Same Time Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it's dwindling.¹ You're not alone either if you're already feeling drained by the complex logistics of trying to sell and buy a new home all at once.  Searching for a new home can be exciting, but many... [read more]

Bank of Canada Increases the Overnight Lending Rate to 0.5%

Wednesday Mar 2nd, 2022

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Bank of Canada increases overnight lending rate

Bank of Canada Increases the Overnight Lending Rate to 0.5% The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %. The Bank is continuing its reinvestment phase, keeping its overall holdings of Government of Canada bonds on its balance sheet roughly constant until such time as it becomes appropriate to allow the size of its balance sheet to decline. The unprovoked invasion... [read more]

Higher Rates and Short Supply: The State of Real Estate in 2022

Thursday Jun 2nd, 2022

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Higher Rates & Short Supply

Higher Rates and Short Supply: The State of Real Estate in 2022 Canada's housing market hit a boiling point last year as homebuyers clambered for real estate in regions with significantly more demand than supply. But now that homeowners and buyers alike are feeling the pinch of rising interest rates and record inflation, the market appears to finally be simmering down. That, in turn, could create a welcome opening for shoppers to be more selective with their searches. However,... [read more]

2023 Real Estate Market Outlook (And What It Means for You)

Tuesday Jan 3rd, 2023

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2023 Real Estate Market Outlook

2023 Real Estate Market Outlook (And What It Means for You) Last year, one factor drove the real estate market more than any other: rising mortgage rates.  In March 2022, the Bank of Canada began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly. Both demand and home prices have softened, as the primary challenge for buyers has shifted from... [read more]

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