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    Month: June 2024

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    • 2024
    • June
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CMHC Residential Mortgage Industry Report Findings

  • June 17, 2024

The Canadian Mortgage and Housing Corporation (CMHC) released its Residential Mortgage Industry Report at the end of May.  According to the report, during the pandemic, many mortgage..

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Bank of Canada Policy Rate Change – June 5, 2024

  • June 14, 2024

On June 5, 2024, the Bank of Canada announced its decision to lower its policy rate by 0.25%, bringing it to 4.75%. This adjustment also affected the..

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Agricultural Land Investments and Renting

  • June 13, 2024

Over the past three decades, the price per acre of Canadian farmland has surged by over 800%, reaching an average of around $4,500. In key regions like..

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Supply and Demand: Population Growth Snapshots and Insights

  • June 12, 2024

There has been a lot of attention on Canada’s population growth recently; in a May 2024 Edge Realty Analytics report, there are some insights on potential future..

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Cooling CPI Signals Potential Rate Cut by Bank of Canada

  • June 11, 2024

According to an Edge Realty report for May 2024, there is a strong possibility that the Bank of Canada will implement an interest rate cut in June,..

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Complexities of Ontario’s Power of Sale and Foreclosure: Trends and Solutions for Homeowners

  • June 10, 2024

If you are unable to make payments on your mortgage, for any reason, you are considered to be in arrears. The next stage, defaulting on a mortgage,..

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Investment in Building Construction

  • June 10, 2024

Statistics Canada released its monthly numbers for investment in building construction, from January 2020 through to February 2024.  Residential and Non-Residential Construction The investment dollars in both..

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New Bill Proposed in Manitoba: Restricting Rent Increases

  • June 7, 2024

A new proposed bill in Manitoba aims to establish more specific conditions for landlords wishing to increase rents beyond the annual, inflation-linked, provincial rent increase guideline. Landlords..

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Atlantic Canada Quarterly Market Overview: Q1 2024

  • June 6, 2024

Atlantic Canada has been experiencing slight quarter-over-quarter declines in sales and new listings, contrasting with more positive year-over-year growth, according to an Edge Realty report on Q1..

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The Investor’s Guide to Choosing a Mortgage Investment Provider

  • June 5, 2024

Mortgage investing is an increasingly popular way for investors to diversify their portfolios and capitalize on opportunities in the real estate market. It offers lucrative opportunities for..

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