April 2024

It may take longer to arrive than we would like, but Spring still manages to make its way to us every year. Spring comes with responsibilities though, and let's face it -- when we finally obtain freedom from shovelling snow, the last thing we want to do is think of more home maintenance and remember all the to-do items for Spring. Alas, it must be...

The news that the federal government will now allow a 30 year amortization period -- instead of 25 -- for certain first-time homebuyers has Canadian families breathing a sigh of relief. With the current housing market putting home ownership out of reach for so many, this change coming into effect August 1, 2024 will open up the doors for Canadians...

March sales rose to 2,664 units, a 10 percent year-over-year gain and much higher than long-term trends. While new listings did pick up over last month, the 3,172 units were still below what we typically see in March and not enough relative to sales to drive any change in the supply situation. In March, the sales-to-new listings ratio rose to 84 pe...