What Ontario's Cottage Market Could Look Like In 2025
Dec 19, 2024 · In Ontario's cottage country, "give six feet" distancing stickers have long been scraped off the floors of general stores and main street businesses from Collingwood to Haliburton, but the hangover from the pandemic-incited cottage mania was still being felt across the region's real estate markets in the beginning of 2024.
What’s In Store For Bank Of Canada Interest Rates In 2025
Dec 27, 2024 · As was the case in 2022 and 2023, the undercurrent of the past year was interest rates.Across eight announcements, the Bank of Canada (BoC) lowered the policy rate five times in 2024, including by 50 basis points in both October and December.We will ring in 2025 with a policy rate of 3.25%, which is the lowest it’s been in over two years.
Real Estate News in Canada | STOREYS
STOREYS covers the latest on the housing and real estate markets in Toronto, Vancouver, and the rest of Canada. Get all the latest real estate news from across the country.
What The GTA Housing Market Can Expect In 2025
Dec 12, 2024 · Driving this demand is, of course, lower borrowing costs, but also a healthy supply of inventory that has helped keep prices from increasing. But this dynamic could be thrown off, Mercer says, as we approach the end of the year and begin looking into 2026, if supply isn't sustained. "If we’re not seeing that new supply come down the pipeline we're going to get into a scenario where market ...
10 Major Metro Vancouver Developments Set To Complete In 2025
Jan 3, 2025 · Located in the False Creek Flats area of Vancouver, the eight-storey Archetype is set to include a mix of over 200 rental units, office space, and light industrial space. Pre-leasing on the rental homes and occupancy on the commercial space are both expected in 2025. Since Archetype was first conceived, other developers such as Strand have also been planning similar tri-mix projects.
Buying A U.S. Property This Winter? Here's Your How-To Guide
Dec 30, 2024 · RBC provides Canadian clients seeking mortgages⁸ in the United States with several benefits; things like competitive mortgage rates, no pre-payment penalty fees, and dedicated support from Canadian Certified U.S.-based real estate agents.
Ontario Now Allows Mass Timber Buildings Up To 18 Storeys
Jan 3, 2025 · 'Mass timber' has been something of a buzz-phrase in recent years, and it continues to strike a chord in 2025. In fact, the Ford government announced in April that it would be amending the Ontario building code to permit encapsulated mass timber construction up to 18 storeys. The amendment went into effect on January 1, 2025, and prior to this year, encapsulated mass timber buildings were ...
Royal LePage Releases 2025 Canadian Home Price Forecast
Dec 5, 2024 · In a report released Thursday, Royal LePage lays out its home price forecast for the coming year, backdropped by declining interest rates and new lending rules that make homeownership easier and more attainable for a growing number of Canadians. Their projection? Prices are on the rise, but not in the volatile fashion of the Pandemic-era days. In 2025, says Royal LePage, we can expect to see a ...
Where Every Big Bank Stands On December's Interest Rate …
Dec 9, 2024 · UPDATE: On Wednesday morning the Bank of Canada announced an interest rate cut of 50 basis points that brings the policy rate down to 3.25%. Wednesday marks the eighth and last policy interest rate decision of the year, and as has been the case for the past two-and-a-half years (and change), all eyes are on the Bank of Canada.
Toronto's Busiest Streets Could See More Mid-Rise Buildings
Nov 11, 2024 · “This supplementary report provides an overview of the HAP’s Avenues, Mid-rise and Mixed-Use Areas projects, how they cumulatively remove barriers, ease administration, and support the goal to achieve or exceed the provincial housing target of 285,000 new homes over the next 10 years, to continue to achieve intensification and housing opportunities along Toronto’s Avenues,” reads the ...