The Canadian Real Estate Association says home sales in April fell 9.8 per cent compared with the same month last year, as the national housing market has returned “to the quiet markets we’ve experienced since 2022.” A total of 44,300 residential properties changed hands across Canada last month, compared with 49,135 in April 2024. On a seasonally adjusted month-over-month basis, home sales last month ticked down 0.1 per cent. CREA senior economist Shaun Cathcart said tariff-r... read more

    The Greater Toronto Area housing market saw a notable cooling down in April 2025, as buyers responded to a growing pool of listings and improved affordability.  According to the April Toronto Regional Real Estate Board report, 5,601 homes were sold, down 23.3% from April 2024, while new listings rose 8.1% year-over-year to 18,836. The average selling price across all home types dipped 4.1% annually to $1,107,463.  With borrowing costs easing and new federal programs for first-time buye... read more

    Contrary to what some Americans may think, the costs of tariffs are offloaded to the consumer. So it comes as no surprise that early outlook on Canada’s second quarter is seeing its economy put in somewhat of a rough patch. The latest Main Street Quarterly report by the Canadian Federation of Independent Business (CFIB) is predicting muted growth and significant contraction in Q2. “Given how the long-term business confidence is at historically low levels, it's not surprising t... read more

  For those born in the 1990s (a generation that graduated into the 2008 economic recession and hit 30 during the COVID-19 pandemic) the road to homeownership has been anything but smooth. Yet one significant advantage separated some from the pack: whether or not their parents owned property As reported in a Statistics Canada study titled Housing Statistics in Canada: Parents and Children in the Canadian Housing Market, adults born in the 1990s whose parents were homeowners were twice as likely to own a... read more

    Regardless of which political party wins the Canadian federal election on April 28, the new government will need to tackle one of the most important issues for Canadians: the cost of living. With 45% of Canadians saying they are very concerned with their ability to afford housing or rent, understanding each party’s housing platform is crucial. Here’s how each major party compares on the biggest housing topics:  Housing Affordability Support for First-Time B... read more