Housing Crisis Year 8: Ontario and Ottawa’s Post-February 1st
Canada’s housing crisis remains a defining challenge, with affordability slipping further out of reach for many and economic growth hampered by supply constraints. Ontario’s ambitious pledge to build 1.5 million homes by 2031 is at risk, with construction lagging and external pressures mounting. Meanwhile, the federal government is deploying significant funding and policy reforms, but […]
Sunday Dock Read: Mark Carney & New Homes Outlook 2025
2025 Residential Construction Outlook: Steady Growth and Opportunities As we step into 2025, the Ontario residential construction market looks to be on a solid, steady path of growth. Thanks to lower mortgage rates, strategic government policies, and the ongoing demand for new homes, it’s shaping up to be a year of steady progress for builders […]
Sunday Dock Read : Housing, Economy and Tariff Outlook
Q1 Sales Activity and Transaction Trends As of early 2025, Ontario’s real estate market is experiencing a dynamic shift characterized by increased sales activity, rising prices, and evolving buyer preferences. Additionally we seen a dramatic shift in mortgage product selection with more then 85% of transactions are Variable Mortgages with rates anywhere between 4.19% to […]
Sunday Dock Read: Trump’s Tariffs: What it Means for the Real Estate Market – An Updated Study
First – Come On – Let’s Address This Snow Madness Over the past four days, Ontario has been living up to its reputation as a snow globe, especially in the southern and central parts of the province. Southern Ontario got hit the hardest: Eastern Ontario had its usual flirtation with snow, with Ottawa seeing its […]
Sunday Dock Read: 2025 Housing Market Outlook & Interest Rates
Ah, Ontario in February—truly a winter wonderland… if your idea of paradise involves relentless snowstorms, icy sidewalks that could double as ice rinks, and temperatures that make you question every life choice that led you to live in this frozen tundra. It’s the season when every trip outside is a thrilling adventure in survival, and […]
Tariffs, Tariffs, Tariffs
I wanted to reach out to everyone after the tariff news that came out yesterday. It’s important to recognize that Canada is entering a trade war with the United States. This situation could last for months, or even years, and right now we don’t know what the end result will be. While this isn’t the […]
Bank of Canada Rate 0.25% Reduction – An Evaluation
The Bank of Canada (BoC) started 2025 by lowering its interest rate again. On January 29, the BoC announced it’s cutting its rate by 0.25%, bringing it down to 3%. This follows a bigger cut of 0.50% in December. This smaller rate cut was expected, as the economy is showing some signs of strength, so […]
Sunday Dock Read – 2025 Mortgage Rate Forecast
2025 Real Estate Update Five Reasons Why Home Prices Will Rise 10% in 2025 In 2025, home prices in Canada are expected to rise by 10% year-over-year. Here are the five key factors driving this predicted growth: In summary, these factors—combined with stronger demand and more favorable financial conditions—are expected to push home prices up […]
Sunday Dock Read – Rate Locks Defined and Potential January Tariffs
How January Tariffs Could Impact Mortgage Rates for Canadians The next person in control of our friends south of the border; one of his bold proposals was to implement a 25% tariff on all imports from Canada and Mexico. For Canadians, this promise ignited a wave of concern and uncertainty about what it could mean […]
Sunday Dock Read: The Trump Victory: Friends, Americans, Canadians, Lend Me Your Ears
HuronMortgages.ca Outlook for the Next 6 Months Here’s What He’s Said Which Means Little, But We’ll Pretend Trump has promised lower interest rates. That will be largely out of his control.Ah, the dream of Donald Trump lowering interest rates—a plan about as realistic as using a hairdryer to put out a fire. During his campaign, […]