Elevated supply is reducing advertised multi-family rental rates in major Canadian markets, though rents continue to rise overall. Vacancy rates are expected to increase through 2025. Since late 2024, asking rents have declined due to more supply but at a slower rate than before. Calgary, Toronto, Vancouver, and Halifax saw rent drops, while Edmonton, Ottawa, and Montreal experienced slower rent growth....
The real estate industry has faced challenges with fragmented data, but centralized platforms are improving data collection. This advancement helps landlords and professionals analyze trends and optimize operations, enhancing rent collection, tenant screening, and customer feedback. Key data sources include public records and tenant applications. Effective management of data volume is crucial to prevent...
Enhance curb appeal: A well-maintained exterior creates trust and attracts buyers from the moment they arrive. Declutter and depersonalize: Remove personal items to allow buyers to imagine themselves in the space....
Canada's 2025 Mid-Year Rental Market Update shows advertised rents fell 2-8% in major cities like Calgary, Toronto, Vancouver, and Halifax due to increased rental supply supported by federal financing programs. Edmonton, Ottawa, and Montréal saw slower rent growth. Despite higher vacancies and incentives, affordability remains poor, especially in Vancouver and Toronto, with many renters opting for...
Economists expect Canada to cut interest rates twice this year due to global recession concerns. The Bank of Canada's key policy rate may drop to 2.25%, its lower "neutral" rate....
Affordability in Halifax now rivals Toronto, with households spending over 31% of before-tax income on housing and transportation. Rising rents and home prices worsen the crisis, prompting calls for rent control, expanded transit, affordable housing investments, and a dedicated housing minister. The provincial government merged housing with economic development, claiming increased housing supply and...
Canadian housing market projected to grow 3.68% annually, reaching US$10.16 trillion by 2029. Higher interest rates will moderate price growth and improve market balance....
National vacancy rose to 4.0% in Q1 2025, the highest rate recorded since the pandemic. Rent growth slowed sharply, with average in-place rents increasing only $17 and lease-over-lease growth at 4.0%....
BoC ends 2.25% rate-cutting cycle, citing inflation risks and global trade uncertainty. Unpredictable US tariffs raised inflation fears and made GDP projections unusually difficult....
Welcome to 119 Melrose Crescent, a charming detached split-entry home nestled in one of Eastern Passages most desirable family-friendly neighbourhoods. This classic residence offers the perfect blend of space, natural light, and comfort, making it an ideal opportunity for first-time homebuyers looking to enter the market. Step into the upper level, where a spacious...