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The Canadian housing market poised for growth in 2025, with a national average price increase of approximately 5% anticipated. This trend expected to favor sellers, creating a seller's market in many regions.

Key Market Trends:

Seller's Market Dominance: A majority of the market predicted to lean towards sellers, offering favorable conditions for those looking to sell their homes.

Increased Homeownership: Currently, 60% of Canadians own their homes, indicating a strong foundation of homeownership in the country.

Confidence in Real Estate Agents: A significant 62% of Canadians...

Have a Great New Year!

This beautiful New Year bring you and your family a pure joy, laughter, happiness, and keep you a Healthy and wealthy by Physically, Mentally, and Financially.

This new year will be an extra ordinary one, every day of the new year inspire you to glow, bring all the good things in life you truly deserve.

Wave goodbye to the old and embrace the new with hope, dreams, and ambition. I urge you to reflect on your experiences. It is time to make positive changes and commemorate your growth as a human being. Celebrate the future with new adventures.

Have an exciting New...

Greater Toronto Area (GTA) home sales increased strongly on a year-over-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. New listings were also up compared to November 2023, but by a much lesser annual rate. This meant that market conditions tightened, resulting in overall average price growth compared to last year.

Many home buyers patiently waited on the sidelines for reduced inflation and lower borrowing costs. With selling prices remaining well off their historic peak and monthly mortgage payments...

https://www.cbc.ca/news/politics/freeland-housing-affordability-measures-1.7170671?utm_source=sfmc&utm_medium=email&utm_campaign=COMM_RAAI_Members_2024-04-12&utm_term=https%3a%2f%2fwww.cbc.ca%2fnews%2fpolitics%2ffreeland-housing-affordability-measures-1.7170671&utm_id=1023097&sfmc_id=136524158

The Bank held its policy rate at 4.5 percent on Wednesday, remaining confident inflation will continue to decline from 5.2 percent in February to 3 percent by the middle of this year. However, the Bank acknowledged getting inflation back to its 2 percent target in 2024 will be more challenging.