Average asking rents in Canada dropped by 4.8% in Mid-Q1, reaching their lowest level since July 2023. Despite declines, rents remain 5.2% higher than in 2023 and 16.9% above pre-COVID levels....
Nova Scotia approved the development of up to 19,500 residential units in Halifax Regional Municipality, focusing on Bedford's Sandy Lake and Halifax's Highway 102 west corridor. Sandy Lake can host 6,000 units on 400 hectares, while Highway 102 west corridor could have 11,500 units on 255 hectares. The province funded $2.3 million for studies to guide sustainable community planning....
Home prices in Canada are projected to fall by 3.2% in 2025 due to economic uncertainty. TD Economics downgraded forecasts after weaker-than-expected sales and price declines in Q1 of 2025....
Canada’s national home price growth forecast for Q4 2025 was revised to 5%, down from the earlier 6%. Earlier predictions of price growth were altered due to global economic factors and upcoming elections....
Benchmark price ↑ 4.8% yearly, with affordability tightening. Demand driven by in-migration and limited new housing supply....
Halifax, Nova Scotia, is an appealing city for first-time homebuyers, offering historic charm and vibrant culture. Key tips for navigating the real estate market include defining your budget, exploring different neighborhoods, and understanding market trends. Getting pre-approved for a mortgage and considering your commute are essential steps. Attend open houses, prioritize home inspections, and plan...
Recreational property prices in Canada are projected to rise by 4% to a median of $652,808 in 2025, driven by strong demand and supply constraints. Lower borrowing costs are increasing buyer interest, with 46% of agents noting heightened demand. However, growing restrictions on short-term rentals may deter buyers. Regionally, Atlantic Canada is expected to see the highest appreciation at 8%, while...
The Canadian Home Builders’ Association (CHBA) is urging Kamloops to improve collaboration to tackle the housing crisis. In its first year in the 2024 Municipal Benchmarking study, Kamloops ranked ninth out of 23 cities, above Vancouver and Toronto. The study highlighted a need for better transparency, as the city did not provide data. CHBA noted that housing affordability is a pressing issue, with...
In February 2025, home sales in Canada fell to their lowest level since November 2023 amid trade war uncertainty. February home sales ↓ 10.4% yearly and ↓ 9.8% MoM on a seasonally adjusted basis....
Canadian Real Estate offers steady returns, appreciating over time despite market fluctuations and economic uncertainty.Tariffs on construction materials could increase property values, creating a favourable investment environment for existing homes....