Canada’s housing market poised for a reset in 2026, with modest price growth and increased activity Improved affordability expected to draw Canadians back into the market through 2026 Highlights: TORONTO, December 9, 2025 –After a tumultuous 2025 marked by economic and political shifts, 2026 emerges as a crucial reset year for Canada’s housing market. According […]
Tag Archives: Cornerstone association of realtors
Waterloo Region Home Sales Cool in March as Inventory Reaches Nine-Year High By WRARApril 2, 2025Market Stats The statistics provided in this release are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they […]
New Listings Rise, While Home Sales Decline in Waterloo Region By WRARMarch 5, 2025Market Stats The statistics provided in this release are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate […]
Bank of Canada makes second consecutive rate cut, lowers overnight lending rate to 4.50% For the second time in a row, Canada’s central bank has cut its overnight lending rate. In its pre-scheduled July 2024 announcement, the Bank of Canada dropped the target for the overnight lending rate by 25 basis points to 4.50%. While […]
30-year amortizations on insured mortgages for new build homes now available for first-time buyers First-time buyers of new construction homes in Canada will now be able to access longer mortgage amortization periods. As of August 1st, 2024, lenders will be allowed to offer 30-year amortizations for insured mortgages to first-time homebuyers of new construction homes, […]
The 2024 federal budget introduced important changes to capital gains rates, and you should be aware of how this could impact you or your clients. A capital gain occurs when you sell, or are deemed to have sold, a capital asset for an amount greater than its adjusted cost base plus the outlays and expenses […]