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!

8 Out of 10 GTA Condos Are Now Selling Below Asking

In December 2024, 80% of condos in the Greater Toronto Area (GTA) sold for less than asking, and 71% of single-family homes also sold below list price. The condo market saw lower competition due to higher supply and fewer buyers, while the single-family home market is tightening, partly due to an increase in the insured […]

Mortgage Renewals Fast Approaching, and Homebuyers Determined to Make Ownership a Reality

Despite ongoing challenges, Canadian homebuyers are committed to entering the market in 2025. According to Wahi’s Homebuyer Intentions Survey, 52% plan to cut spending, 31% will adjust investments, and 30% intend to work extra hours to afford a home, reflecting a shift from last year. In Ontario, developers can now use mass timber for buildings […]

What to Expect from the Canadian Housing Market in 2025

The Canadian housing market is expected to see strong growth in 2025, with rising home sales and prices. November data shows a 2.8% increase in sales and a 0.6% rise in benchmark prices, though prices remain 1.2% lower than last year. Experts predict steady growth as interest rates decrease and new mortgage rules, such as […]

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