Nearly one-third of Canadians now live in rental accommodations, with the trend increasing as housing affordability remains a challenge. According to a recent Royal LePage survey, 27 per cent of current renters plan to purchase a property within the next two years, a figure that rises to 40 per cent among those aged 18-34. However, 69 per cent of renters have no immediate plans to buy, with over half...
by Mo Monsef 
National market is the most balanced since before the pandemic, says CREA Canada’s housing market is experiencing a notable trend as active listings continue to rise, reaching their highest level in over five years this April. This increase points to a more balanced market, with home prices holding steady and sales experiencing a slight decline. According to the Canadian Real Estate Association...
by Mo Monsef 
In the first quarter, Canadian businesses encountered ongoing subdued demand, yet emerging signs of renewed optimism are evident, as many anticipate a decrease in interest rates over the next year, according to the latest business outlook survey by the Bank of Canada. The survey, released Monday, reveals a shift in various business indicators such as sales outlooks and employment intentions, which have...
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