BMO economists revised their forecast, predicting four Bank of Canada rate cuts, lowering the rate to 2% by July. BMO expects the US Federal Reserve to stay on the sidelines until September, with a possible 25 basis point cut....
Insulate pipes and maintain stable heating to prevent freezing and bursting during ice storms. Keep gutters, grates, and drainage systems clear to avoid ice buildup and potential water damage....
Breaking a lease in Canada can be necessary due to job relocations, family needs, or uninhabitable conditions. Tenants should review their lease for early termination clauses and understand their legal grounds, such as uninhabitable conditions or domestic abuse. Proper notice procedures vary by province, and alternatives like subletting or lease assignment may ease financial burdens. Effective...
Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they celebrated the goddess Rhea, considered the Mother of the Gods. Anna Jarvis’s lobbying...
Interest rate fluctuations create uncertainty for both developers and homebuyers, affecting all stages of development.Rising development costs due to supply chain issues, labour shortages, and municipal fees impact Real Estate projects....
Canada’s 3.5 million housing unit goal by 2030 is unlikely to be achieved, falling short by millions. National housing starts continue to lag behind demand. CMHC forecasts slower housing starts in 2025, despite remaining above the 10-year average...
Halifax Regional Municipality has secured $79.3 million from the Canada Mortgage and Housing Corporation to implement a Housing Accelerator Fund Action Plan by 2026. The plan aims to create 2,600 new housing units, speed up approvals, increase housing choices, and convert unused spaces into homes. This initiative supports the broader goal of 15,467 new units over three years and is part of Canada's...
In Canada’s current investment landscape, private mortgage funds offer a 9% yield, outperforming fixed-income options. These funds pool investor capital to provide loans to borrowers who don’t qualify for bank financing....
Optimism surrounds the Canadian Real Estate market in 2025, driven by lower borrowing costs and pent-up demand.The BoC’s rate cuts are expected to stimulate investor confidence and stabilize the market by mid-2025....
Pension funds require improved data on rental trends, and experts suggest AI could be the solution. With rising rents ensuring reliable cash flow, institutional investors face challenges due to insufficient government support and low vacancy rates. AI can enhance rent forecasting, offering better predictions than traditional models. Experts warn that without policy changes, rents will continue to...