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Canadian Average Asking Rents Drop to 17-Month Low in December
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Canadian Average Asking Rents Drop to 17-Month Low in December

  • Noah Perreault
  • 10 January 2025
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Average asking rents across Canada fell to $2,109 in December on a year-over-year basis, marking a 17-month low, according to a new report. The monthly […]

Canadian Real Estate Market Witnesses Surge in Available Properties
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Canadian Real Estate Market Witnesses Surge in Available Properties

  • Noah Perreault
  • 16 May 2024
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In Canada’s housing market, a notable trend seems to be emerging, with the volume of available listings steadily increasing. April witnessed a significant surge, marking […]

Bank of Canada cautions about significant surge in mortgage payments
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Bank of Canada cautions about significant surge in mortgage payments

  • Noah Perreault
  • 12 May 2024
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  According to the Bank of Canada, homeowners preparing to renew their mortgages in the upcoming years will encounter significant spikes in payments, particularly those […]

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Canada’s Government Extends Prohibition on Foreign Purchases of Residential Properties

  • Noah Perreault
  • 5 February 2024
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In a release on Sunday, Finance Minister Chrystia Freeland announced the federal government’s decision to prolong the ban on foreign home purchasing in Canada. Initially […]

Quebec sawmills face financial losses amid declining demand for lumber.
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Quebec sawmills face financial losses amid declining demand for lumber.

  • Noah Perreault
  • 29 January 2024
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Sawmills across Quebec have been operating at a loss for over a year due to the decline in demand for lumber, as per industry experts. […]

Bank of Canada Rate Cuts Signal ‘Turning Point’ for Housing Market.
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Bank of Canada Rate Cuts Signal ‘Turning Point’ for Housing Market.

  • Noah Perreault
  • 8 January 2024
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After a cautious year marked by changing expectations driven by increased borrowing costs, economists anticipate a potential rebound for the Canadian housing market in 2024. […]

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