The Canadian housing market has been a rollercoaster ride for first-time homebuyers, but recent developments offer a beacon of hope. With the introduction of new government initiatives and the evolution of financial solutions, stepping into homeownership is becoming more attainable. **Record Volume of FHSA Activity Soars** Broadridge Financial Solutions reports a surge in activity for the Tax-Free First Home Savings Account (FHSA), indicating a growing number of Canadians are gearing up to... [read more]

As we navigate through 2024, the Canadian real estate market presents a landscape of both challenges and opportunities. After a tumultuous period, industry experts forecast a year that could mark the beginning of a significant shift. Here's what you need to know about the Canadian real estate market in 2024. Interest Rates and Economic Growth Economists predict a potential decrease in interest rates by late Q2, with a drop of 100 basis points to 4.00% by year-end¹. This... [read more]