Category: Uncategorized
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RBC Sees Opportunities Amid Pause in Housing Recovery
Canada's housing market saw a subdued end to 2025 due to affordability issues, tariffs, and increased supply. Major cities like Toronto, Vancouver, Calgary, and Montreal experienced falling resales and price declines amid abundant inventory and economic uncertainty. Despite interest rate cuts, recovery remains slow, with home values expected to ease further as supply grows. Montreal…
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2026 Rate Forecast: Hold Now, Hike Later?
Economists now expect the Bank of Canada to hold rates steady through most or all of 2026 after 100 basis points of cuts in 2025. The policy rate sits at 2.25%, with the BoC signalling it is “about the right level” amid resilient growth and tariff uncertainty. Several banks see the next move more likely…
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Burnaby Embraces New Opportunities Amid Shifting Development Trends
Employees dislike commuting more than offices themselves, making Burnaby's central location in Metro Vancouver attractive for office space. Burnaby, expecting significant population growth, needs 3.2 million sq ft of new office space by 2051 to support over 22,000 jobs. Most new office space is tied to mixed-use residential projects, but recent development slowdowns and project…
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बी.सी. का होमओनर ग्रांट सीमा 2026 के लिए $2.075 मिलियन तय
2026 में बी.सी. में होमओनर ग्रांट की सीमा $2.075 मिलियन निर्धारित की गई है, जो 2025 की $2.175 मिलियन से कम है। इस मूल्य से अधिक के घरों को आंशिक ग्रांट मिल सकती है, जो मूल्यांकनित राशि के प्रति $1,000 पर $5 की दर से घटती जाएगी। कुछ क्षेत्रीय जिलों में बेसिक ग्रांट अधिकतम $570…
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Metro Vancouver city sees small rise in rent as other cities drop
Most Metro Vancouver cities saw a sharp drop in average asking rents in December 2025, except Burnaby, which had a slight 0.1% increase for one-bedroom units. North Vancouver became the most expensive city for one- and two-bedroom units, surpassing Vancouver. Vancouver experienced the steepest annual rent decline at 7.9%. Rents have declined for 15 consecutive…
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Will First-Time Buyers Shape Canada’s 2026 Market?
Slide 1 10% of Canadians plan to buy homes next year, half first-time buyers. Slide 2 Despite economic uncertainty, buyer interest remains strong heading into 2026. Slide 3 One-third of markets will shift from buyers’ to balanced conditions. Slide 4 Home sales expected to rise 3.4% in 2026, signalling market momentum. Slide 5 First-time buyers…
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Investors: How to Win in Canada’s Cooling Market
Higher rates create opportunities to buy undervalued properties, but financing is key. Rental markets remain strong in major cities; demand for long-term rentals is high. Investors should target properties in need of renovation, especially detached homes. Patience is key—real estate rebounds over time, even after corrections.
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Renewing Your 2026 Mortgage: Stability Amid Changing Rates
Homeowners with five-year fixed mortgages from 2021 face significant payment increases in 2026 as rates double, but a market crash is unlikely. Despite high inventory and slower sales, prices have only dropped about 5%. Renewing mortgages requires early planning and flexibility. Selling remains challenging due to price gaps and cautious buyers. The market is expected…
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Canada Housing Market Finds Its Footing in 2026
Canada’s housing market is expected to see a slow rebound in 2026, with modest price gains and gradually improving affordability. National home prices are forecast to rise about 1% yearly, as lower borrowing costs encourage sidelined buyers to return cautiously. Regional performance will diverge, with price declines expected in Toronto and Vancouver, while Quebec City…
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Simple Ways to Pay Down Your Mortgage Sooner
To pay off a mortgage faster, consider accelerated payment schedules like accelerated biweekly to make extra payments without feeling the impact. Make lump sum payments with bonuses or tax refunds to reduce principal and interest. Shorten the amortization period to 15 or 20 years if affordable. Increase regular payments annually by 10-20%. Avoid costly penalties…