The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in May 2025 relative to the same period a year earlier. With sales down and listings up, homebuyers took advantage of increased inventory and negotiating power.“Looking at the GTA as a whole, homebuyers have certainly benefited from greater choice and improved affordability this year. However, each neighbourhood...

Bank of Canada Holds Policy Rate At...

Here’s how much Ontario home prices have dropped (or climbed) since the last federal election With Canadians set to go to the polls today, the election has somehow become a little less about domestic issues and more about existential threats–namely tariffs and annexation threats levelled by U.S. President Donald Trump. However, while many Canadians are voting for the candidate they...

  With the significant snowfall, we are reminding residents to make sure their gas meters and utility vents are clear of snow and ice. Keeping these vents clear allows Carbon Monoxide and other fumes to exhaust outside instead of backing up into the...

The Bank of Canada's recent and anticipated rate cuts in 2025 are expected to influence home buying in several ways, primarily by improving affordability and stimulating demand. However, the extent of the impact depends on various factors, including the pace of rate cuts, economic conditions, and potential external risks like U.S. tariffs. Here's a detailed breakdown:   1. Lower Borrowing Costs...