Benchmark price ↑ 4.8% yearly, with affordability tightening. Demand driven by in-migration and limited new housing supply....
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....
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....
Canadians face major barriers to homeownership in 2025, with many unable to save for a down payment. Two-thirds are waiting for interest rates to drop, and 74% adopt a "wait and see" approach due to economic fears. Over half feel they've missed their chance to buy, especially millennials. High housing costs and living expenses hinder savings, while wealth inequality grows as homeownership...
A report from the Insurance Bureau of Canada warns that the country's insurance system is under pressure due to increasing wildfire severity and frequency. The IBC urges policymakers to learn from California's recent insurance crisis, which left many homes uninsured. The report highlights a significant rise in insured catastrophic losses in Canada, with Alberta reporting over $1 billion in...
The home improvement market is set to grow from $974.57B in 2025 to $1.46T by 2032, driven by innovation. The Leading Indicator of Remodeling Activity projects a 1.2% increase in year-over-year home renovation spending for 2025....