Canada Home Resales Forecast Turns Down
A national industry association lowered its 2026 sales outlook, signaling slower activity across Canada even as market conditions continue to differ widely by region. Falling home values and a wave of listings gave buyers more leverage, lighter competition, and extra time to weigh mortgage and purchase decisions. An industry expert said recent sales activity has […]
Toronto Detached Sales Are Rising in Pockets
Toronto detached homes regained momentum in Late-Q2, as listing views, showings and offers picked up after a slower-than-usual market start this year. Detached homes priced from $850K to $1.2M drew the strongest competition in Toronto, with some properties still attracting multiple offers from buyers. The market stayed healthy from $1.8M to $2.2M, while homes priced […]
This Survey Reveals The Most Affordable Cities In Canada
Rising affordability concerns are prompting many Canadians to consider moving to lower-priced cities if they can find local or remote work. Nearly half of respondents from Vancouver, Toronto, and Montreal regions expressed willingness to relocate. Edmonton is the top choice for Vancouver residents. The most affordable cities include Lethbridge, Saint John, Thunder Bay, Red Deer, […]
Here are the best cities to live in Canada
Calgary ranks as the best city to live in Canada for 2026, offering good incomes, moderate living costs, low crime, and low taxes. Other top cities include Ottawa, Edmonton, Montréal, and Vancouver. Rankings consider affordability, safety, climate, employment, and housing. Smaller cities like Fredericton and Charlottetown are noted for affordability and quality of life. Choices […]
Pending home sales hit six-month high
Pending home sales rose across all U.S. regions in May, led by the Northeast with an 8.7% monthly and 6.1% annual increase, reversing previous slow sales amid low inventory. The Midwest saw an 8.1% monthly rise and the highest annual gain at 9.3%. The South and West had smaller increases. Supply shortages in the Northeast […]
Are Mortgage Originations Still Falling?
Mortgage originations declined across conventional, correspondent, and retail lending channels during early 2026. High borrowing costs continue limiting refinance and purchase mortgage activity. Lenders are focusing on operational efficiency as loan volumes remain below recent peaks. Industry analysts expect only gradual improvement during the remainder of the year.
Hello world!
Welcome to WordPress. This is your first post. Edit or delete it, then start writing!
BoC Holds Key Rate at 2.25%
Canada Holds Rate at 2.25% BoC keeps interest rate at 2.25%, citing improving economic growth and expectations that inflation will gradually ease over coming months. Inflation recently increased but core measures remain near target, with projections showing decline to 2.5% in late 2026 and 2% by 2027. Risks include Middle East conflict and U.S. trade […]
Ontario New Home HST Rebates Explained
Baseline GST/HST rebates can still help eligible primary-residence buyers and rental investors, saving up to $24K in PST on homes $450K+ where eligible. For first-time buyers, the federal rebate fully refunds GST on new homes up to $1M, with partial refunds from $1M to $1.5M. First-time buyers get longer runway: federal eligibility began March 20, […]
First-time home buyers’ (FTHB) GST/HST rebate
The Ontario first-time home buyers' rebate offers up to $80,000 off the provincial portion of the HST for those buying, building, or substantially renovating their first home. Eligibility aligns with the federal GST/HST rebate criteria. Detailed information and application instructions are available in the GST/HST New Housing Rebate guide. Continue to full article