The Toronto Regional Real Estate Board (TRREB) just dropped its March 2025 Market Watch report, and if you’ve been thinking about buying a home — this might be your sign to take a second look. While headlines over the past year have focused on inflation, rate hikes, and affordability struggles, March tells a different story: prices are softening, listings are rising, and interest rates are finally on their way down. In short, the conditions buyers have been hoping for are

As global tensions around tariffs continue to shape financial markets, something interesting is happening closer to home — and it could directly affect your mortgage. Canadian government bonds, which had been outperforming U.S. bonds at record levels earlier this year, are beginning to cool off. Investors are adjusting their bets, no longer assuming that only Canada’s economy would take a hit from the trade war — they’re now seeing signs that the U.S. economy may be slowing too. This shift

The latest housing report from the Canadian Real Estate Association (CREA) was released today, and it’s clear that many homebuyers are still waiting on the sidelines. According to CREA, home sales fell 9.8% from January to February 2025, marking the lowest level since November 2023 and the sharpest month-over-month decline since May 2022. For many, these numbers signal caution, leading buyers to delay their home purchases in hopes of better conditions ahead. But history tells us that when the majority

This Wednesday, March 12, the Bank of Canada (BoC) will announce its latest interest rate decision, and a reduction to 2.75% is a strong possibility. While not guaranteed, mounting economic pressures—including newly imposed U.S. tariffs, slower job growth, and an uncertain economic outlook—have many experts predicting a rate cut, possibly a significant one. With more than 19,000 active listings on the Toronto Regional Real Estate Board (TRREB), lower rates could create new opportunities for homebuyers. But how likely is a

Will The Bank Of Canada Pump The Brakes? Economists were expecting a sluggish end to the year, but December’s unexpected rebound has added a fresh layer of uncertainty to the Bank of Canada’s next move. According to the latest GDP report, the economy expanded by 0.2% in December, following a contraction in November. On an annualized basis, Canada’s economy grew by 2.6% in the fourth quarter of 2024—well above expectations. The driving forces? A spike in consumer spending, fuelled by

Canada’s inflation rate ticked up slightly in January, reaching 1.9% year-over-year, as rising energy costs counteracted the federal government’s temporary GST holiday. According to Statistics Canada, gas prices surged 8.6% compared to last year, while energy prices overall jumped 5.3%. Without gas, inflation would have been a more modest 1.7%. January’s inflation data: While the headline number suggests stability, a closer look reveals three key concerns: With the next BoC rate decision set for March 12, this inflation report doesn’t

The latest report from the Toronto Regional Real Estate Board (TRREB) provides key insights into the trajectory of the Greater Toronto Area (GTA) housing market in 2025. With a well-supplied market, lower borrowing costs, and a forecasted increase in sales activity, now may be a great opportunity for buyers to enter the market before the traditional spring surge. TRREB’s 2025 Market Outlook projects a 12.4% increase in home sales, with 76,000 transactions expected this year. This uptick in activity is

The news lately has been dominated by discussions of trade tensions between Canada and the US. Tariffs, retaliatory measures, and economic uncertainty have become commonplace, leaving many Canadians wondering what it all means for their wallets, and specifically, their mortgages. It’s a valid concern, and understanding the potential impacts is crucial for homeowners and those looking to enter the market. What’s Happening? To recap: Update: Canada’s 5-year government bond yield, which plays a crucial role in setting fixed mortgage rates,

In the ever-evolving dance of global trade, Canada finds itself bracing for potential turbulence. As whispers of U.S. tariffs grow louder, Canadians are left wondering: how will this economic showdown impact our daily lives—our jobs, our homes, and, yes, even our mortgages? The stakes feel higher than ever. If the U.S. follows through with new tariffs, the ripple effects could hit our economy in ways we haven’t seen in years. Borrowers, investors, and mortgage professionals alike are all holding their