Canada is facing a housing affordability crisis, and while the federal government has announced bold initiatives, challenges persist. Key actions include cracking down on corporate investors in single-family homes, removing GST on student residences, and unlocking underused federal lands for housing development. However, issues like high construction costs, red tape, and a looming labor shortage threaten progress. Experts call for a focused, collaborative approach to reduce barriers, boost housing starts, and address long-term workforce needs. The time for action is now to ensure housing remains accessible for all Canadians.

Canada’s inflation rate surged to 2% in October 2024, surpassing economists' expectations of 1.9% and raising questions about the Bank of Canada’s anticipated rate cuts in December. The increase was driven by slower gas price declines and rising grocery costs. Core inflation measures, such as CPI-median and CPI-trim, also ticked up, signaling persistent price pressures. With mortgage interest rates up 14.7%, affordability challenges remain for buyers, while sellers might face cooling demand. As inflation stabilizes within the BoC’s target range, experts speculate whether a significant rate cut is still on the table.

Learn about mortgage instructions in Canadian real estate transactions, including what they are, their key components, and why they are essential for a smooth closing. Understand the importance of timely delivery and how delays can impact the process.

What documents and steps are needed to properly close a real estate transaction? There are three main components: Client intake form, mortgage Instructions, & closing documents

Discover the latest trends in Canada's rental market, including the first rent decline since COVID. Learn how recent mortgage rule changes are making homeownership more accessible and what this means for real estate agents and mortgage brokers.

Here's' how the upcoming United States presidential election presents significant implications for Canadian real estate markets.

Navigating the real estate closing process in Ontario can seem overwhelming, especially for first-time buyers or sellers. This guide will answer essential questions about what to expect during a real estate closing, including costs, required documents, and more.

What is a digital real estate lawyer? Digital real estate lawyers in Ontario are revolutionizing the closing process for buying, selling, and refinancing properties.