Author: realtorjags
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Affordable Opportunities Emerging in Toronto Condos
Toronto condos are projected to continue price declines in early 2026. Buyers may benefit from increasing affordability and potential future price stabilization. Market distress will persist due to tight immigration and slow demand. Non-permanent resident and student restrictions may limit buyer pool further. Recovery is expected later in 2026 if immigration and demand improve. Read more
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Modest recovery predicted for Canada’s housing market in 2026
Alberta home sales are expected to rise nearly 6% in 2026 after an 8% drop in 2025, with prices gaining about 4%, slightly higher than last year. Nationally, home prices are forecast to increase 4% and sales by 9%. Ontario and British Columbia will see sales rise 13% and 15%, respectively, with modest price gains. Read more
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Building Construction Investments Grow in Q4
Building construction costs rose in Q4 2025 but at a slower pace than Q3. Residential costs increased 0.4% quarterly and 3.0% year-over-year, while non-residential costs rose 0.5% quarterly and 4.1% annually. Price pressures eased due to fewer residential starts but remained high from material costs and labor shortages. Québec saw the largest residential cost rise; Read more
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Real Estate Statistics in Canada
Canadian property prices peaked in 2022, then cooled and stabilized by 2025, with average home prices around $690,000–$710,000 nationally. British Columbia and Ontario remain the most expensive provinces, with cities like Vancouver and Toronto averaging over $1 million. More affordable markets include Trois-Rivières, Saguenay, and Saint John. Alberta and the Prairies show strong growth, while Read more
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Is 2026 Canada’s Year to Buy Your Home or Wait?
2026 is shaping up as a reset year, with more buyers returning and steadier activity. With interest rates lower and competition easing, 2026 favours disciplined buyers. Slower price growth plus rising supply means negotiation power for 2026 buyers. More listings in key provinces mean choice — less bidding war stress. 2026 is forecast to see Read more
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Home Improvement Market Poised for Growth by 2035
Slide 1: Global home improvement market projected to reach $1.49 trillion by 2035, growing 4.7% annually. Slide 2: Furniture dominates the market, with strong growth potential across residential and commercial projects. Slide 3: Rising urbanization, industrial expansion, and higher living standards drive strong product demand globally. Slide 4: Major growth factors include innovative products, population Read more
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First-Time Homebuyer in Canada Guide
First-time homebuyers in Canada should determine their budget, get pre-approved for a mortgage, and estimate upfront costs including down payment (5-20%), closing costs (2-4%), CMHC insurance if under 20% down, legal fees, land transfer tax, property tax, home insurance, and moving expenses. Building a real estate team and understanding the local market are crucial. Various Read more
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Toronto Housing Outlook 2026 Shift
Home prices are forecast to remain under pressure in 2026 as higher-for-longer interest rates continue to limit buyer purchasing power. Increased housing inventory across the GTA is expected to keep competition muted and constrain price recovery. Investor activity is projected to stay subdued, particularly in the condo segment, reducing speculative demand. Buyer leverage is forecast Read more
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Moves Homeowners Should Make Before Interest Rates Drop
Mortgage rates are expected to decline in 2026, prompting a surge in refinancing applications. To prepare, review and correct your credit reports, calculate your refinance break-even point, and ensure you have at least 20% home equity to avoid PMI. Pay down consumer debt to improve your debt-to-income ratio, shop multiple lenders for the best rates, Read more
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Canada Housing Market Forecast 2026: What Buyers and Renters Should Know
Canada’s 2026 housing market shows a slow thaw with more listings, buyers, and deals at defensible prices. Pent-up demand may boost activity if borrowing costs ease, especially in mid-priced suburban areas. Affordability and limited supply remain challenges. Buyers gain negotiation time but remain rate-sensitive. Renters face tight markets with slow rent growth in some areas. Read more