Author: Kylie Davis

New mortgage rule changes hit positive note for market

Changes to rules for how you can buy property in Canada are likely to give the local market a significant boost in 2025 and beyond. It’s great news for upgraders and first homebuyers after a two-year period of high interest rates and appreciating property prices. The price cap for taking out an insured mortgage is…
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Ownership back in the sights of young Canadians

Against a background of speculation that we may see a fourth rate cut from the Bank of Canada, a new survey suggests young Canadians have rediscovered their desire to buy their own home. And that’s great news for the entire market!  Interest rates are currently at 3.25%, and retail banks are bending over backwards to…
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Get ready for boom spring selling season

Significant challenges confront our country in 2025 with a change of leadership, continuing economic turbulence and a different style of engagement with the US. Among the concerns of many people is how this will affect the Canadian real estate market and their ambitions to buy their first home, upgrade to a bigger property or downsize…
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Cooling rents still offer good news for investors

The large rent hikes Canada has experienced since the pandemic are finally coming off the boil. Rents are not falling but the rate of growth is tapering down, slowing to 5.4% from a historic peak of 8% in mid-2023. That means investors have not only enjoyed record levels of rental income but will continue to…
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2025 shaping as a perfect moment for first-time buyers

It’s been a long time since we’ve seen so much optimism in the real estate market, and 2025 looks set to be a year of opportunity for upgraders, first-time buyers and investors. The 2025 market looks promising for a variety of buyers and sellers. While the Fed decided to keep the rate at 4.25% recently,…
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Real estate enters political fray with President’s executive order

The political imperative to fix America’s housing shortage – record-high rents, burgeoning interest rates and high home prices – gained the immediate attention of the new President.  On the day he took office, President Trump signed an executive order telling all heads of executive departments and agencies “to deliver emergency price relief, consistent with applicable…
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Values predicted to rise even if Fed is slow to move

The affordability of housing will be front and center in America’s political conversation this year, as everyone from the President down seeks cheaper interest rates to take pressure off values and rents. The nation’s ability to deliver affordable housing – a common challenge among many western economies – will affect millions of households.  The market…
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New home numbers a boost for first-time buyers

America’s real estate market appears set for a fascinating 2025 after new home sales finished strongly in December and pointed to a building confidence among buyers. We had hoped the Federal Reserve would step in to reduce the cash rate by a further 0.25% at the end of last month to ease the mortgage burden…
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The essential countdown for preparing your home for sale

If you’re planning to sell your property in 2025, this is the perfect time to create a strategy that will ensure you will always have control of the situation and finish with a great selling experience. In real estate, it rarely pays to rush. And this is never more true than for owners who need…
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Upsizer and Downsizer tips for selling and then buying

The winter real estate market, often characterized by less competition and a more relaxed pace, presents unique opportunities for upsizing to a bigger property or taking it down a notch and downsizing. The fascinating element of buying a new home is that you’re going to be both a buyer and seller.  And while the prime…
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