Canada's latest unemployment report has prompted bond traders to seek safety in government bonds. The five-year government bond yield has dropped to a nine-week low, which could lead to lower fixed-rate mortgage rates.

As of January 2025, Canadian homebuyers are navigating a complex mortgage landscape influenced by various factors, including property type, location, and additional costs. Understanding these elements is crucial for securing favorable mortgage rates.

A stunning Tudor-style home in North Saanich, British Columbia, has recently been listed for $2.4 million. Nestled on 1.27 acres of lush greenery, this property at 1345 Readings Drive offers a perfect mix of old-world charm and modern comfort. The estate’s architecture and serene surroundings make it a unique find for prospective homeowners.

Canada's labor productivity has been declining, with recent data showing a 0.4% drop in the third quarter of 2024—the largest in a series of consecutive declines. This trend indicates that the country's productivity levels have remained stagnant since 2019, raising concerns about economic growth and competitiveness.

Canada's housing market in 2025 is expected to experience modest growth, with home prices projected to rise by approximately 2.8% . This follows a period of significant increases during the COVID-19 pandemic, where prices surged nearly 55%, and a subsequent 14% decline from their peak in early 2022.

Fitzrovia Real Estate has unveiled plans for a 49-storey rental building at the corner of St. Clair Avenue West and Avenue Road in Toronto. The proposed development aims to replace an outdated 14-storey office building from the 1960s, which Fitzrovia describes as underused and energy inefficient.

In October 2024, Toronto's housing market experienced a significant boost, with home sales rising by 14% compared to September, marking the largest monthly increase since December of the previous year. This surge resulted in 6,390 units sold, up from 5,707 in September.

Home sales in the Greater Toronto Area (GTA) have been on the rise for four consecutive months, reaching a one-year high in November. This upward trend is largely due to lower borrowing costs, which have encouraged buyers to re-enter the market.

Recent revisions to Canada's Gross Domestic Product (GDP) data suggest that the economic impact of the COVID-19 pandemic was less severe than previously thought. Statistics Canada updated its figures, indicating that the economy has been performing better than earlier estimates showed. These changes have led some experts, including Douglas Porter, Chief Economist at BMO, to describe the revisions as "re-writing" the pandemic's economic narrative.

Homebuyer interest in Metro Vancouver is on the rise, with November 2024 showing a significant increase in residential sales compared to the same period last year. Greater Vancouver recorded 2,166 home sales, marking a 27.6% increase from November 2023. Similarly, the Fraser Valley saw a 27.5% rise, with sales climbing from 891 to 1,136 over the same period.

As climate change continues to bring about warmer summers and colder winters, Canadians are searching for more efficient and sustainable ways to heat and cool their homes. One solution that is gaining popularity is the cold-climate heat pump. Unlike traditional heating systems, cold-climate heat pumps use advanced technology to provide efficient heating even in extreme winter temperatures. This makes them an attractive choice for homeowners looking to reduce energy costs, decrease their carbon footprint, and embrace innovative technology. With energy efficiency becoming more important, many are considering if it's the right time to invest in cold-climate heat pumps.

In Canada's real estate landscape, Toronto and Vancouver are experiencing notable shifts in their condominium markets, with current conditions favoring buyers in both cities. A recent CIBC report highlights that Ontario and British Columbia are particularly vulnerable to a slowdown in condo investments, traditionally dominated by investors. The sales-to-new listings ratio in both Toronto and Vancouver indicates a market surplus, providing buyers with increased options and bargaining power.

The Golden Mile area in Toronto is undergoing significant redevelopment, with plans to transform it into a vibrant, mixed-use community. This initiative presents an opportunity to reflect on Toronto's urban planning history, learning from both its successes and missteps to create a well-designed neighbourhood.

Recent analyses indicate that Canadian real estate will likely remain unaffordable until at least 2035. Despite recent interest rate cuts aimed at easing mortgage pressures, these measures have provided only temporary relief. Experts predict that borrowing costs will begin to rise again by 2026, further exacerbating housing affordability challenges.

Ashcroft Homes, a well-known residential developer in Ottawa, is facing financial difficulties as its Eastboro project has entered receivership due to an $80 million debt. This development follows similar issues with other Ashcroft properties earlier this year.

Thind Properties, a real estate developer based in Burnaby, has sold the hotel portion of its Highline Metrotown tower for $47.2 million. The 48-storey building, located at 6511 Sussex Avenue near Metrotown Station and across from Metropolis at Metrotown shopping centre, was completed in late 2023. While the residential units are occupied, the 10-storey podium, initially intended for office space, remained vacant.

Northstar Development has agreed to purchase "The Met," a mixed-use project in Port Coquitlam, British Columbia, for $11.6 million. The property, located at 2245 McAllister Avenue, was previously owned by Quarry Rock Developments (QRD) and is currently under receivership.

A recent report from Oxford Economics forecasts that Canadian mortgage rates are set to rise by 2026, prolonging housing unaffordability until 2035.

Canada is facing a growing housing crisis, with many citizens struggling to afford rising rents. This situation has sparked a nationwide debate on the effectiveness of rent control as a potential solution. Rent control involves government-imposed limits on how much landlords can increase rents, aiming to keep housing affordable for tenants. However, opinions are divided on whether this approach benefits or harms the housing market.

Innisfil, Ontario, located just an hour north of Toronto, is becoming a popular choice for homebuyers seeking a blend of convenience and tranquility. This town offers a peaceful lifestyle with its picturesque Lake Simcoe shoreline, extensive nature trails, and abundant parks, making it an attractive alternative to the busy city environment.

KingSett Capital has unveiled an ambitious proposal to transform a historic corner of downtown Toronto with a towering 67-storey mixed-use development. The project, which focuses on the southeast corner of Yonge and Richmond Streets, aims to blend modern architecture with the preservation of the site’s heritage elements. KingSett’s plan highlights their commitment to enhancing urban spaces while respecting the city’s architectural history.

Canada is witnessing a significant trend of immigrants leaving the country, raising concerns about the long-term impact on its economy. Recent data reveals that many newcomers are opting to move to other countries or return home, citing challenges such as high living costs and limited opportunities. This trend comes at a time when the country relies heavily on immigration to fill labor gaps and sustain population growth. The reasons behind this exodus highlight some pressing issues in Canada’s housing, job market, and overall affordability.

Canada’s housing crisis has reached critical levels, with many Canadians struggling to find affordable housing. A new generation of property developers, or "property barons," may hold the key to addressing this issue. Unlike traditional developers focused solely on profit, these innovators aim to balance business interests with creating affordable and sustainable housing solutions. This approach comes as the country faces a severe housing supply shortage and skyrocketing rental prices.

Canada faces a housing crisis that has left many struggling to find affordable homes. Rising property prices and increasing rent have made it harder for families to meet their housing needs. To address this issue, experts and policymakers are working together on a detailed plan to improve housing availability and affordability. This roadmap outlines the steps needed to create a sustainable housing market.

Canadian homeowners are turning back to borrowing against home equity as Home Equity Line of Credit (HELOC) usage increases at nearly the same rate as mortgage debt. Statistics Canada data shows HELOC debt reached $170 billion in September, growing by 3% over the previous year. Meanwhile, the broader category of household debt secured by housing, which includes HELOC-like loans, climbed 3.2% to $325 billion during the same period.