sammy hudes Archives - Page 2 of 3 - Mortgage Rates & Mortgage Broker News in Canada

Vacation home market slows after pandemic boom, but prices still rising: Royal LePage

March 26, 2025 No Comments

While fewer Canadians may be looking to buy a vacation home in some regions compared with years past, a new report says prices are expected to increase in 2025 as demand still outpaces supply across most markets.

Rise of the robots: Some homebuilders turning to automation to bridge labour shortage

March 9, 2025 No Comments

At a housing construction site in Gananoque, Ont., Val spends nearly two months laying concrete, used to build 26 stacked townhouse units.

majority of those mortgage holders expect to pay more in their monthly borrowing costs

Homeowners expect monthly mortgage payments to rise upon renewal in 2025: survey

February 20, 2025 No Comments

As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs.

Housing starts up 3% in January, but trade risks add ‘significant uncertainty’: CMHC

February 17, 2025 No Comments

Canada Mortgage and Housing Corp. says the annual pace of housing starts in January rose three per cent compared with December, helped by strength in multi-unit starts in Quebec and B.C.

Home builders warn of ‘brutal blow’ to housing sector from steel, aluminum tariffs

February 11, 2025 No Comments

Some developers say looming U.S. tariffs on Canadian steel and aluminum could be detrimental to the housing sector due to higher costs of key construction materials.

CMHC predicts home sales, prices to rebound in 2025, but tariff threat clouds outlook

February 5, 2025 No Comments

Canada Mortgage and Housing Corp. is forecasting a rebound in home sales and prices this year as homebuyers take advantage of improved borrowing conditions, but says its outlook is clouded by the threat of widespread tariffs from the U.S.

Toronto home sales expected to rise 12% this year, but board says January saw drop

February 5, 2025 No Comments

The Toronto Regional Real Estate Board says it is forecasting a 12.4% increase in home sales for 2025, with 76,000 properties changing hands throughout the region as lower borrowing costs lead to improved affordability.

Vancouver real estate market shifting as more sellers enter market, January sales up

February 4, 2025 No Comments

The number of homes that changed hands in the Vancouver area rose again last month, but the city’s real estate board says new listings outpaced demand as sellers showed they’re eager to enter the market.

Bank of Canada cut will prompt lower variable mortgage rate costs: Ratehub

January 29, 2025 No Comments

Experts say homeowners with variable mortgage rates will benefit from lower monthly payments after the Bank of Canada’s latest cut to its key policy rate.

‘Turning point’: Rent prices should see relief this year, but markets still tight

January 26, 2025 1 Comment

For Canadian renters, it may feel like the years since the COVID-19 pandemic have brought one hit after another.

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