Market Conditions

73% of Canadians See Home Ownership as a Good Investment

Posted on Apr 04, 2023 in Market Conditions


Is the Canadian real estate market still a great way to invest?

Over the last year, it has been a challenging time trying to navigate Canada’s housing sector. Since the Bank of Canada (BoC) started raising interest rates this past spring, home sales and prices began retreating from their pandemic-era boom.

In November, national home sales tumbled by...

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Is Low Supply Keeping Canadian Real Estate Prices High?

Posted on Nov 04, 2022 in Market Conditions

Canadian real estate street view

A year ago, housing affordability dominated national conversations as the Canadian real estate market exploded in growth, across major urban centres and rural communities alike.

For the last couple of months, it seems like this discussion has shifted, with affordability taking a back seat given recent moderation in the market following the unprecede...

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What the Bank of Canada’s Interest Rate Hikes Mean for Homeowners

Posted on Nov 01, 2022 in Market Conditions

What the Bank of Canada’s Interest Rate Hikes Mean for Homeowners

In 2022, the Bank of Canada (BoC) has been raising interest rates at the fastest and most significant pace since 1998. In July, the organization increased the benchmark rate to 2.5 per cent for the first time since 2009, when the global economy was coming out of the financial crisis. Here’s what the Bank of Canada’s interest rate hikes mean for hom...

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Why Fall Might Be the Best Time to Sell Your Home

Posted on Oct 10, 2022 in Market Conditions

Best Time to Sell Your Home_autumn

About the time pumpkin spice lattes hit the menu at your local café you may want to have your house ready to hit the market. Why? Next to spring, fall is arguably the best time to sell your home. In fact, it may even have some advantages over the spring market. Read on to learn why fall might be the best time to wear plaid, indulge in everything pu...

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Is Affordability In Sight for the Canadian Housing Market?

Posted on Oct 07, 2022 in Market Conditions

Canadian housing market

Affordability is a hot topic in Canadian housing market. Rising interest rates, intended to combat inflation, are significantly impacting homebuyers and in turn, sellers. Thus, home prices have begun to moderate from their record highs, but any savings is being offset by the higher cost of borrowing. It is no surprise that affordability is such a f...

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Is Now the Best Time to Sell?

Posted on Oct 05, 2022 in Market Conditions

Selling your home is not only a big decision financially, but also emotionally. Your home is no longer the bricks, drywall, and hardwood floors you fell in love with when you bought it. You have tackled some of life’s many milestones and made memories inside the house you now call a home. Whether you have simply grown out of the house, are choosing...

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