real estate market Archives - Page 2 of 16 - Mortgage Rates & Mortgage Broker News in Canada

Snowbirds are scrambling to sell their homes in Florida

‘People are panicking’: Snowbirds rush to sell Florida homes as loonie tanks

January 28, 2025 No Comments

Cesidia Cedrone has been soaking up the rays at her Florida condo every winter since 2011.

Barriers to homeownership in Canada are “vast,” Butler tells Finance Committee

October 22, 2024 2 Comments

The dream of homeownership is slipping out of reach for many Canadians, particularly young people and those without significant family assistance, according to mortgage expert Ron Butler.

Prospective homebuyers waiting for sub-3.00% rates

Mortgage Digest: Prospective homebuyers waiting for sub-3% BoC rate before acting, survey shows

October 22, 2024 No Comments

A bi-weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Montreal home sales rise in June as prices continue to climb: real estate board

July 4, 2024 No Comments

The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 6.4% in June compared with the same month last year.

Bank of Canada’s rate cut could spur housing demand as Toronto home sales fall in May

June 5, 2024 No Comments

Real estate market analysts say the Bank of Canada’s much anticipated decision to lower its key interest rate could be the sign that many would-be homebuyers have been waiting for to make their move.

A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy

Montreal home sales up 25% in April as expected rate cuts prompt recovery: board

May 8, 2024 No Comments

The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales surged 25.5 per cent in April compared with the same month last year, with levels returning to historical averages.

An overview of housing promises from all of the 2024 provincial budgets

May 6, 2024 No Comments

Housing is arguably Canada’s most important policy issue right now. From building millions of new homes, apartment buildings, and condos, to ensuring developers have all of the financing they need, governments from Iqaluit to Windsor are preoccupied with ensuring every Canadian has a home to call their own.