🏠 Home Sales Fell 4.8% in March compared to February. Down 20% from the recent high in November 2024. On a year-over-year basis, sales were down 9.3%. Lowest March sales volume since 2009. 💵 Home Prices Home Price Index: Down 1% month-over-month. Annually: Index fell 2.1%, national average price down 3.7%. 📉 Market Sentiment CREA’s […]
Part 2: Continued Predictions for the Canadian Real Estate Market in 2025 While the first part of this analysis addressed broader macroeconomic and market trends, it’s crucial to also explore emerging factors, potential disruptors, and the evolving landscape of Canadian real estate in 2025. Here are some additional developments that could shape the market: 11. […]
Implement assembly-line home construction. Adopt 3D printing and robotic building technology. Revise zoning laws to allow for options like laneway homes. Develop underutilized land, including brownfields, greenfields, and parking lots. Expand rental housing options. Make publicly owned land available for housing projects. Repurpose existing structures into housing communities. Increase zoning density to accommodate more housing […]
As April and May arrive, Ontario’s forests rejoice in welcoming with beautiful spring ephemerals—wildflowers that bloom early, brightening the landscape before the leaves arrive, eclipsing their access to sunlight. These short-lived beauties add color and charm to the ground left bare after winter’s chill. Here are five stunning spring ephemerals to look for as you […]
Market optimism faded in February as trade war fears and harsh weather slowed activity across major cities. Toronto: Home resales plunged 29%, hitting a new cycle low. Increased listings gave buyers leverage, pushing prices down 1.5% month-over-month. Montreal: Sales fell 11%, the steepest drop in four years. Prices remain up annually but may cool amid […]
Warren Buffett has famously referred to tariffs as an “act of war” and warned that, unless the tooth fairy intervenes, they are inevitably inflationary. Given this perspective, it’s reasonable to view former President Donald Trump’s declared tariffs as a sign of economic hostility. When we turn our focus to the #1 asset most people own—housing—it’s […]
This Friday, February 28, 2025, a rare 7-planet parade will light up the sky in a mesmerizing display. Mercury, Venus, Mars, Jupiter, and Saturn will be visible to the naked eye, while Neptune and Uranus require a telescope. The best time to see it? Right after sunset – don’t miss out on this once-in-a-lifetime celestial […]
The new year has sparked renewed confidence among Canadian home sellers, leading to a surge in new listings across major cities like Vancouver, Toronto, and Montreal. Transaction activity also saw an uptick in markets such as Toronto, Edmonton, and Montreal, signaling that the market is continuing its recovery. The increase in available listings is helping […]
Currently, nearly 100 uncompleted condo high-rises across the GTA are in financial jeopardy. At the same time, homelessness in Toronto is estimated to exceed 80,000. Such financial crises are often a playground for shrewd investors with deep pockets. But why should REITs and investment firms be the sole beneficiaries of the irrational exuberance from 2017 […]
Dear Councillors Maskell and Rosa, I would like to extend my heartfelt thanks for your continued dedication and tireless work to improve street crossings and road safety in Caledon. Your efforts are making a meaningful difference in the lives of our community members, enhancing safety and accessibility for all. I also want to commend you […]