Moving from Ontario to Alberta: Is It the Right Move in 2025?

More Ontarians are moving to Alberta for its affordability, job opportunities, and natural beauty. Karen MacPherson, a Realtor and relocation consultant, initially moved reluctantly but grew to love Calgary’s lifestyle and diversity. Experts recommend thorough research on cities, job prospects, and housing before relocating. Securing employment beforehand is crucial due to rising competition and costs. […]
Affordability Improves in Some Major Markets, and the Slowest Year for Condo Sales

A study by the CD Howe Institute suggests Canada needs more large cities, not just bigger ones, to improve housing affordability by spreading demand more evenly across secondary cities like Ottawa and Hamilton. Despite rising interest rates in 2022-2023, housing affordability improved in many markets in 2024, especially in Toronto, Vancouver, and Hamilton, though some […]
How a Trade War and U.S. Tariffs Could Hit Canada’s Housing Market

A potential trade war with the U.S. could significantly disrupt Canada’s housing market, experts warn. U.S. tariffs on Canadian goods, especially construction materials, could drive up costs for both homebuilders and renovators. The U.S. and Canada are major trade partners, with billions of dollars worth of building materials exchanged annually. Key materials such as glass, […]
An Interior Designer Shares 5 Ways to Refresh Your Home in 2025

Interior design trends evolve each year, but making small changes can update your space without needing a full re-furnish or re-paint. Designer Maria Killam shares tips on how to incorporate 2025’s trendy shades and styles into your home. Overall, embrace the trends that reflect your personal style and experiment with ways to make your space […]
How much does it cost to build a house in Ontario?

The cost of building a custom home in Ontario ranges from $500 to $1,000 per square foot, depending on factors like location, design, and materials. In cities like Toronto or Vancouver, a typical custom home could cost between $750,000 and $1.5 million, while in smaller markets like Halifax, it may range from $320,000 to $640,000. […]
Home-Seller Optimism Spikes Ahead of the Spring Market
Canadian home sellers are more optimistic about the spring market, with fewer listings being canceled—only 17.8% in December 2024, the lowest since May 2023. This optimism is partly fueled by recent rate decreases and the potential for a spring federal election, particularly in Ontario. While home sales were down 5.8% month-over-month, they rose 13% from […]
New Year, New Bank of Canada Rate Decrease
The Bank of Canada has just reduced its key overnight rate by an additional 25 basis points (0.25 percentage points), bringing it down to 3%. This latest reduction marks the sixth consecutive rate cut in 2024, following a series of five earlier reductions. However, today’s move is less aggressive than the two previous 50-basis-point cuts, […]
How to Pick the Best Canadian Mortgage for You Right Now
Canadian mortgage borrowers are facing economic uncertainty due to political changes, potential U.S. tariffs, and falling interest rates. Experts suggest that whether to choose a fixed- or variable-rate mortgage depends on market conditions. Variable rates may be appealing if rates continue to fall, but fixed ratesoffer more stability and are currently more competitive. For those unsure about future […]
CREA Forecasts Strong Spring Market
In 2024, Canada’s real estate market showed mixed trends. The luxury sector remained robust, with sales of high-end homes in cities like Toronto and Vancouver remaining steady or even increasing. Price growth is expected in major cities like Vancouver, Toronto, and Montreal in 2025. On the rental side, after years of rising rents, there was […]
Ontario Cities With the Lowest Property
Tax Rates in 2024 Homeownership in Ontario comes with a variety of taxes that homeowners need to consider. These taxes include: Some municipalities also charge taxes on vacant properties to encourage renting and increase housing supply. Read More!