Bank of Canada Reduces Overnight Lending Rate

‘Pervasive uncertainty’ caused by trade war prompts Bank of Canada to drop overnight lending rate to 2.75% The 25 basis point cut marks the seventh consecutive time Canada’s central bank has dropped rates March 12, 2025 5 min. read On March 12th, the Bank of Canada announced that it had lowered the target for the […]

Home Sales Decline, Listings Rise, Is This a Buyer’s Market? Cornerstone Association of Realtors February Press Release on Alasdair Douglas’ Real Estate Blog

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 […]

Royal LePage 2025 Mortgage Renewal Survey on Alasdair Douglas’ Real Estate Blog

More than half of Canadians renewing a mortgage this year expect their monthly payment to increase: Royal LePage® Survey 1 in 10 are considering downsizing, relocating to a more affordable region or renting out a portion of their home to combat higher borrowing costs Highlights: TORONTO, February 20, 2025 – Approximately 1.2 million mortgages will renew […]

Bank of Canada Rate Cut

Bank of Canada makes sixth consecutive cut, lowering key lending rate to 3.0% In its first announcement of 2025, Canada’s central bank lowered the overnight rate by 25 basis points January 29, 2025 6 min. read On January 29th, its first scheduled announcement of 2025, the Bank of Canada announced that it had lowered the […]

From Royal LePage, Canada’s Real Estate Company, 2025’s Top Paint Colours

Top paint colours of 2025 February 6, 2025 5 min. read With the arrival of a new year comes fresh trends and design inspiration – you might already be feeling the urge to redecorate or dive into DIY projects for your home in the months ahead. One of the easiest and most impactful ways to […]

Waterloo Region January 2025 Market Stats from the Cornerstone Association of REALTORS on Alasdair Douglas’ Real Estate Blog

Waterloo Region Housing Market Starts 2025 with Higher Inventory, Softer Sales By WRARFebruary 5, 2025Market Stats WATERLOO REGION, ON (February 5, 2025) —In January, a total of 329 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 12.0 per cent decrease compared […]

Royal LePage’s Q4 2024 Home Price Update and Market Forecast on Alasdair’s Real Estate Blog

Rates, regulations and renewed demand: Driving revival of Canada’s real estate market despite economic and political uncertainty National housing market activity gained momentum in final quarter of 2024, resulting in moderate price gains Fourth-quarter highlights:  TORONTO, January 14, 2025 – According to the Royal LePage® House Price Survey released today, the aggregate[1] price of a home in Canada […]

Wallpaper is Making a Comeback! Wallpapering for beginners: What you need to know before you begin

Wallpaper has made a serious comeback in recent years. From bold murals to delicate prints, the options are endless and the results can be breathtaking. But before you start envisioning a papered powder room, it’s important to be prepared.  Here’s everything you need to know as a beginner, so your wallpapering project is as seamless […]

Royal LePage 2024 Toronto Real Estate report on Alasdair’s Real Estate Blog

2024 – a transitional year for the GTA housing market: TRREB The 2024 Greater Toronto Area housing market was marked by shifting dynamics that gave buyers more negotiating power, according to the latest market report from the Toronto Regional Real Estate Board (TRREB). Annual sales saw a modest increase compared to 2023, while new listings […]

Royal LePage 2025 Market Survey Forecast on Alasdair’s Real Estate Blog.

Canadian property price appreciation set for a return to long-term norms in 2025 Royal LePage® predicts declining interest rates and new lending rules will bring buyers back to the market next year Highlights: TORONTO, December 5, 2024 – After several years of significant fluctuations, driven by pandemic-era disruptions, dramatic swings in interest rates over a short period […]