sammy hudes Archives - Mortgage Rates & Mortgage Broker News in Canada

Muskoka chairs sit on a dock looking over Boshkung Lake, in Algonquin Highlands

Tariffs, economic uncertainty chilling cottage housing market, report says

May 19, 2025 1 Comment

The May long weekend marks the unofficial start of cottage season for many Canadians, but a new report says some looking to buy a vacation home of their own are holding back until economic tensions settle.

A sold home is pictured in Vancouver, B.C.

Home sales down almost 10% annually last month: Canadian Real Estate Association

May 15, 2025 No Comments

The Canadian Real Estate Association says home sales in April fell 9.8% compared with the same month last year, as the national housing market has returned “to the quiet markets we’ve experienced since 2022.”

Key portfolios for business community to watch as Carney’s cabinet sworn in

May 13, 2025 No Comments

Canada’s business community will be monitoring files across various portfolios after Tuesday’s swearing-in of Prime Minister Mark Carney’s new cabinet.

Have a side hustle? Here’s what you need to know as tax filing deadlines draw near

April 17, 2025 No Comments

You could be selling your art on Etsy or delivering late-night orders for Uber Eats. Maybe you dog-sit on weekends for out-of-town pet owners, or tutor kids who need help with their homework after school.

Rate hold means status quo for Canada’s struggling housing market: experts

April 16, 2025 No Comments

Real estate watchers say the Bank of Canada’s decision to hold its key policy rate steady at 2.75% will likely keep a sluggish housing market at the status quo.

Tariff uncertainty foils ‘slam dunk rebound year’ for national home sales: CREA

April 15, 2025 No Comments

The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2025, while the number of homes that changed hands across the country in March was down 9.3% compared with a year ago.

CN Tower can be seen behind condos in Toronto's Liberty Village

Toronto condo market unlikely to see jolt as conditions vary elsewhere in Canada

April 13, 2025 No Comments

Experts say the Greater Toronto Area condo market is unlikely to awaken from its lull any time soon even as other major Canadian cities see somewhat more promising demand.

Average asking rents decrease for sixth straight month to $2,119: report

April 8, 2025 No Comments

A new report says the national average asking rent in March was $2,119, marking the sixth straight month of year-over-year declines.

Greater Toronto home sales drop in March amid trade concerns: TRREB

April 3, 2025 No Comments

Home sales in the Greater Toronto Area fell 23.1% in March while more supply hit the market, helping bring down prices compared with a year ago.

Vancouver home sales hit lowest March levels since 2019 despite supply influx: board

April 2, 2025 No Comments

Despite housing supply in the Vancouver area continuing to rise, the number of homes that changed hands in the region last month fell to the lowest levels for March since 2019.

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