The Strength Behind Every Family

To all the moms who give so much of themselves.  The dreamers, the doers, and the steady hearts that keep everything moving forward. Whether you're in the early years of parenthood, cheering on grown children from the sidelines, or sharing your wisdom as a grandmother, your influence reaches further than you know.

Thank you for the sacrifices you make, the patience you show, and the unconditional love you pour into the world every single day. You are appreciated, you are admired, and you are loved.

Happy Mother’s Day!

New Trail Discovery

My mom came for a visit, and since she’s got a real passion for long, scenic walks in nature, I decided to do something a bit out of character—I actually typed “scenic trails near me” into Google. To my surprise, several beautiful options popped up, all just five minutes from home! It’s funny how these gems can be right under our noses the whole time.

We ended up choosing the Pitt River Regional Greenway, and it truly exceeded all our expectations. The walk took us alongside the Fraser River, and it felt so invigorating to be out in the fresh air. The trail wound through serene woods filled with a chorus of birdsong—so many feathered friends making their presence known. At one point, the path led us up a dyke where we had a unique vantage point overlooking the local airport and flight training school. Our son Eden was absolutely fascinated—he would have happily stayed there all afternoon, watching the small airplanes and even water planes take off and land.

Although the trail continued on, tempting us to explore further, we decided to turn back before completing the entire route. It was almost comical—and, admittedly, a little frustrating—for my wife and me to realize how long we’ve lived here without ever knowing about this incredible trail, which, as it turns out, is actually a section of the Trans Canada Trail. Still, as they say, better late than never!

Why is it important to protect your mortgage?

Buying a home is a big decision and a really big financial commitment, but life can change fast in any direction. For most folks, the only thing stopping their mortgage becoming an unbearable liability is their paycheck. But what happens if the paycheck goes away even temporarily due to illness, death or disability?

Did you know that:

- 10 months is the average length of time disabled claimants are off work

- 1 in 5 Canadians experience a mental health issue each year (e.g. stress leave)

- 1 in 3 Canadians will be disabled for 90 days or more before age 65 

- 56% of Canadians who took time off for a disability said they returned to work early due to financial reasons

- 33% of workplace disability claims are related to mental health

The right mortgage protection insurance takes care ofyour mortgage payments or even pays off the balance in times of crisis. If any of these questions or stats shown above have you wondering, then we need to have a conversation about how to better and cheaply protect your biggest debt. Call or email me today. 

Eden Turns 7

Wow it's hard to believe that our baby boy is 7 already. Not sure why time is always in such a hurry. Now I feel a pinch or two in my back each time I try to him up lol. Very soon, the "pick him up and throw in the air"  stage will be over. Boy, I miss having baby-sized daughters.  

Eden and his friends had a rendezvous at Go Bananas. Being the ever generous and grateful lad that he is, he shared his game credits with them, and was very thankful to us for ensuring they all had a blast together. It was likewise a blast for me as I got to discuss business with a number of his friends' parents haha. 

GST Rebate for First-Time Homebuyers Comes Into Effect

By Lawyer Tony Spagnolo from Spagnolo LLP

Great news - the GST Rebate for First-Time Homebuyers has finally come into effect!!

Announced last spring by the federal government, the bill received Royal Assent last week and eliminates “the Goods and Services Tax (GST) for first-time home buyers on new homes up to $1 million and reducing the GST for first-time home buyers on new homes between $1 million and $1.5 million.”  The Canada Revenue Agency will now be able to start processing rebate claims. 

Please note that the rebate will generally apply to agreements of purchase and sale entered into on or after March 20, 2025, and before 2031. 

If you were a first time home buyer and purchased a new home under $1,500,000 between March 20, 2025 and today, contact your lawyer to apply for the rebate.

Read more about the GST rebate

Why RRSPs and TFSAs Shouldn't be Chosen in Isolation

Canadians often frame the question like this:

Should I invest in an RRSP or a TFSA?

That framing is too narrow.

Choosing between a Registered Retirement Savings Plan and a Tax-Free Savings Account without considering your tax bracket today, your likely income tomorrow, and when you plan to withdraw funds can quietly cost you money over time.

These accounts do not compete. They coordinate.

Read More and RSP and TFSA

December away in Mexico

A Happy New year to you. This is my first newsletter for a few months. It was a very busy 2025 with work and a few other things. This year, I hope to become better at delegating my tasks and managing time so as to leave room for very important things like sending out my newsletter!

We spent the latter half of December in Cancun Mexico. Being a history and archeology enthusiast, this region has been on my bucket list for a while mainly due to a fascination over the Mayan ruins. Also significantly, this was precisely the spot where the asteroid that exterminated the dinosaurs landed from space. Lest I forget, there is sunny weather, white sand, crystal clear ocean etc as well lol. 

It was unbelievable to see the level of sophistication that went into construction of the Mayan complex 3000 years ago which included the pyramid shown in the picture. The kids had fun with the acoustics - when you shout, at the pyramid, you hear a powerful "delayed" echo of your voice.

The asteroid impact also left a huge footprint on the geology of the area. It caused the rocks undergroud to have holes like swiss cheese causing all the rivers in the area flow underground. Surface water is barely visible, yet the whole Yucutan peninsula is covered by lush vegetation. A big thank you to our Mayan tour guide for all the education.

Do You Have A Mortgage Rate Closer to 5%?

I've worked the numbers for many of my past clients and their referrals and we have found some good opportunities to save money on their mortgage. 

Many have taken the advice and have gone through a successful redo of their mortgage. For many, a lower rate and the penalty to get their did not make sense so we have left things alone. For many the savings have been worth the effort

If I haven't contacted you yet, or you want to revisit your numbers, or know someone that could use a check in, please let me know.

If You Passed Away Tomorrow?

If you passed away tomorrow, would your family know where to find anything?
If the answer is no, this article is for you.  I’m talking about something most people avoid, but every family needs.

It’s called an “In Case of Death” folder on your computer. And this will be one of the most valuable things you ever leave behind for your loved ones. When someone passes away, families are left scrambling for documents, passwords, accounts, and instructions. A simple folder can prevent months of stress, confusion, and even financial loss.

So here’s exactly what should be inside. The first sub-folder should contain your personal identity documents. These are often the hardest things for families to find. Include your birth certificate, your marriage certificate, your driver’s license, and any provincial ID. Anything that confirms who you are and who should handle your affairs.

The second folder should contain your legal and estate documents. This includes your last registered will, your power of attorney, your health care directives, and your succession certificates. If you have minors, this is also where you keep all legal guardianship documents. These documents decide everything if something happens, so keep them easy to find.

The third folder should contain all your financial assets. Add your bank account details, investment information, and safety deposit box location and key details. Include all loan documents and all insurance policies as well. Your executor can’t manage what they can’t find.

The fourth folder should contain everything related to real estate you own, and any business documents if you own a company. Add your property agreements, mortgage agreements, rental agreements, and business succession plans. This makes transferring or managing your assets far simpler. The fifth folder should contain your digital assets. This includes your domain names, email addresses, user IDs, and passwords. Ideally, use a password manager that automatically sends access to your emergency contact if you’re inactive for 30 to 60 days.

Finally, make sure a trusted family member or lawyer knows this folder exists and can access it. Setting this up takes less than an hour, but it can save your family from months of hardship. 

Mom's 80th Birthday Celebration

We gathered together to mark my mom's 80th birthday. This was strictly a family affair, but we had extended family from across the world converge on Vancouver for the occasion. It turned out to be a very colorful and joyous event. 

Very few people I know have had as profound a positive impact on the lives of people they meet as my mom. As a result, many in the community see her as their mother figure. Personally, her status has helped make my path smoother in everything from immigrating to Canada, to courting my wife to getting the first clients in my mortgage business. 

With a strong combination of love, wisdom, elegance, multilingual education, community work and performing arts she managed to touch so many lives and attract numerous awards. There is no way I can ever pay her back let alone reach even a tenth of her achievements, but I pledge to use any opportunity I get to perpetuate her legacy in the ways I am able. So help me God. :)

Passport Control

If a trip out of the country is coming your way, make sure you follow these two passport tips.

First, be aware of when your passport expires. Travel can be restricted if there is less than six months left on your passport. Renewing your passport can take longer than it should and there are options to obtain an emergency passport but best be prepared.

For international travel, passports generally need at least one blank page, but some countries may require two to four blank pages. The specific number can vary depending on the destination country's visa requirements. It's advisable to check the specific requirements of your destination country before traveling. Here's a more detailed breakdown:

One page: This is the minimum requirement for many countries, as it's needed for visa and entry/exit stamps according to Canada.ca.

Two or more pages: Some countries require more than one blank page.  For example, countries that issue full-page visas or have strict entry/exit stamp requirements may need more blank space according to Travel Stack Exchange.

Checking with your airline: Some airlines may have their own policies regarding blank pages and may not allow boarding if you don't meet their requirements.

Checking with the embassy: According to Travel Stack Exchange, while some embassies don't specify exact numbers, it's always a good idea to check with the specific embassy of your destination country for their requirements. 

How to Prepare Your Home for Winter

Winter is a season that brings along chilly temperatures, snow, and icy conditions. While it is a beautiful time of year, it is crucial to take certain precautions and make necessary preparations to ensure that your home remains warm and cozy during this period. As you take the time to prepare your home for winter, you can not only protect your property from potential damage but also create a comfortable and inviting space to retreat to during the coldest months of the year.

Essential Tips in Preparing Your Home for Winter Heating System Maintenance

Schedule a professional inspection to ensure that your furnace or heat pump is in good working condition. Clean or replace air filters regularly to improve air quality and maximize efficiency. Consider installing a programmable thermostat to regulate temperature and save energy during winter. Additionally, ensure to stock up on sufficient fuel or arrange regular deliveries to avoid running out during the colder months.

Protect Plumbing and Pipe

Drain and disconnect outdoor hoses and shut off exterior water sources. Insulate exposed pipes to prevent them from freezing and bursting. In cold weather, allow faucets to drip slowly to prevent freezing. It is also advisable to know the location of your main water shut-off valve in case of emergencies. You may also insulate your water pipes if you’re planning to take a vacation during winter.

Check Your Roof and Gutter

Clean out gutters and downspouts to ensure proper drainage. Consider installing heating cables along the roof edges to melt ice and prevent the formation of ice dams. Inspect your roof for any damage or leaks and repair them promptly. Additionally, ensure the downspout is away from your home to prevent flooding and water damage. Installing gutter guards is a valuable investment as they can effectively keep debris out.

Continue reading here...

Double Birthday Celebration

People are often shocked to learn that my wife and I share the same birthday. You can imagine what it would have been like for us on the first day we discovered that. It was the point of no return as far as the decision to get married was concerned. But... 

Ssshhh don't tell her i said this....I kind of miss the days when it was just me that got celebrated on my birthday. Back then sometimes others planned the celebration while I did nothing. Now we both have to plan each other's birthdays together and their attention is shared LOL.

However I would not trade sharing the same birth date with my wife for anything. Every time I think about it, it gives me a nice feeling that this was meant to be and that it was more than mere coincidence. I am grateful to God for connecting us.

How to Pay for University Housing

For a student's first year of a long university education, there is no experience like living in a university dorm. When it comes to paying for multiple years of accommodations, it can get quite expensive.

One option available to some parents is to buy a home in the city where their child is attending university and rent out the rooms to other students. The parents' own student would act as the onsite property manager.

Upon graduation or a bit later, chances are that the home value will be greater, so the option exists to harvest some of the equity for their next down payment or to sell the property and pay for all those tuition fees/student loans. Or even keep the property and continue to lease it out as a rental property acquired with minimum down payment as opposed to the 20% down normally required for rentals. 

Changes to First Time Home Buyer G.S.T. Rebate

From Tony Spagnolo - Spagnolo LLP  https://bcrealestatelawyers.com/

On May 27, the Federal Government issued a press release that is very important for first time home buyers of new homes (and co-ops): a full GST rebate on homes under $1 million, and a partial rebate on homes between $1 million and $1.5 million.

Per the press release (the link to which is found at the bottom), the Excise Tax Act will be amended to provide a rebate to first time home buyers. In basic terms, it means that First Time Home Buyers will still pay the GST on the closing of a purchase of a qualifying home but will be eligible for a rebate of the full amount (up to $50,000).

The rebate is phased out in a linear manner from $1-1.5 million. So for example, a home that is $1.4 million would lose 80% of the rebate – in other words, it would still be eligible for a 20% ($10,000) rebate!

This policy will hopefully spur some activity in the pre-sale market and help first time buyers enter the market.

The full press release can be found here: https://www.canada.ca/en/department-finance/news/2025/05/gst-relief-for-first-time-home-buyers-on-new-homes-valued-up-to-15-million.html

Explaining Mortgages to a Class of 6 year olds

Parents of Eden' Grade 1 class were invited to make presentations about what they do for a living. I do mortgage presentations often, but this one was by far one of the most challenging. How do you explain to 6 year old kids what a mortgage is? I wondered. 

After bouncing ideas off people, I realized that all kids of that age know what piggy banks are. So I made up an exciting storyline supported by animations and props with the following main takeaways: 

1. I help people buy houses by giving them piggy banks full of the money needed to buy the house

2. BUT I also give them a 2nd piggy bank with no money in it. They would need to put some money in it every month. That's called a "Mortgage Payment!"

3. One day, they would have to give back the piggy bank once they've saved enough in it to pay back the money that was in the 1st piggy bank

Then I said: "The piggy bank I give that contains money is called a mortgage! Repeat after me! MORTGAGE they all said excitedly.

Every kid went him with a branded piggy bank and a $2 coin inside it. Hopefully that gets them started saving towards their 1st home. :)

Understanding Mortgage Penalties

Many homeowners—especially those without a mortgage broker—don’t fully understand mortgage penalties. And I get it! Financing a home can be overwhelming. But if you’re considering refinancing, selling, making a lump sum payment, or need a way out, read this first.

Read more here

Top Home Upgrades to Boost Your Property’s Value

“Spring has a way of bringing everything back to life, even a broken heart—or a dated, messy house.” ~ Willie Nelson (roughly interpreted) 

 Spring is typically a busy season for the housing market in Canada. 

Whether you’re looking to sell or help your home bloom where it’s planted, these value-add ideas will be worth putting on your to-do list. We’ve sorted the chores by cost so you can consider your budget first and foremost.

Read more about the renos

Noma the Spelling Bee Queen

Noma is now in grade 5, and she participated in the Spelling Bee contest for the entire school. She made it to the final 4 and was the last girl standing alongside a couple of grade 7 kids.

She spelled out some words that I surely could not have spelled myself without help from spell checker lol. She really wanted to win, so it was hard for her to accept anything other than the #1 spot.

We were tremendously proud of her, and hope she continues to participate for the next couple of years.

Understanding Fixed and Variable Mortgage Rates: What’s Right for You in Today’s Market?

 When it comes to choosing a mortgage, one of the most important decisions to consider is deciding between a fixed-rate and a variable-rate mortgage. Both options have their benefits, but the best choice depends on your financial goals, tolerance for risk, and the current economic climate. Let’s break it down:

Fixed-Rate Mortgages

A fixed-rate mortgage locks in your interest rate for the duration of your term, usually 1 to 5 years.

Benefits:

Predictability: Your monthly payments stay the same, which makes budgeting easier.

Stability: You’re protected from interest rate hikes, providing peace of mind.

Ideal for Long-Term Planning: If you plan to stay in your home for a while or prefer financial consistency, this option is great for you.

Drawbacks:

Fixed rates are often higher than variable rates at the start of the term. You might miss out on savings if rates drop during your term.

Variable-Rate Mortgages

Variable-rate mortgages, on the other hand, have an interest rate that fluctuates with changes to your lender's prime rate.

Benefits:

Lower Initial Rates: Historically, variable rates tend to be lower than fixed rates.

Potential Savings: If interest rates decrease, you benefit from lower monthly payments.

Flexibility: Variable-rate mortgages often have lower penalties if you choose to break your term early.

Drawbacks:

Payments can increase if interest rates rise, leading to unpredictability. Not ideal for those who prefer financial stability or have a tight budget.

Let’s Talk About Your Goals

Every borrower’s situation is unique. Whether you’re a first-time homebuyer or looking to refinance, I’d love to discuss your options and help you choose the best mortgage strategy for your needs.

Feel free to reach out for a personalized consultation—I’m here to help you make informed decisions with confidence.

Canadian home sales take a tumble in February as tariff anxieties keep buyers at bay: CREA

Homebuyers stayed on the sidelines in February 2025, leading to a significant drop in home sales across the country, according to the latest market report from the Canadian Real Estate Association (CREA).

With the ongoing trade war between Canada and the United States, market activity slowed to its lowest level in over a year.

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VanDusen Botanical Gardens

We managed to visit the Vandusen botanical gardens before they closed for the spring. It's surely a meticulously designed  scenery of lights for anyone looking to be wowed by Christmas lights that have been taken to the next level.

I also learned VanDusen is a very calm and beautiful garden with many diverse plant species in the day time. I'm glad I visited this garden; this is a very welcoming place for families/couples.

If you're a young guy looking to pop the question to your sweetheart, then this is surely a place to mark down as a potential location. The looks and feel might be an obvious giveaway, buy hey perhaps she doesn't care about surprises lol.

What does Trump's Tariff War Mean for Mortgage Rates?

Legendary investor, Warren Buffet, called the tariffs an "act of war."

Before the tariffs were imposed, we expected roughly 2% growth this year. Assuming the tariffs remain in place for a year, the Canadian economy will plunge into recession. We will likely see a few quarters of negative growth before growth gradually resumes. 

Despite the inflation risk, the Bank of Canada will respond aggressively to minimize the meltdown in labour markets and the economy in general. When the Governing Council meets again on March 12, we expect another 25 bps cut in the overnight policy rate, bringing it down to 2.75%. Over the next year, we expect the Bank to continue to ease credit conditions.

The Canadian 5-year yield, a bellwether for setting fixed mortgage rates, has fallen to 2.51%, its lowest level in nearly three years. Lower interest rates are favorable for housing markets, although the inevitable rise in unemployment and drop in spending will mitigate this effect.

Dr. Sherry Cooper
Chief Economist, Dominion Lending Centres

The Challenges of Gifting Your Family Funds For A Downpayment

For over 25 years now I have been working with the same law firm (with 11 offices) to help my clients complete the legal work of buying a home and registering a mortgage. The article below has been provided by Tony Spagnuolo of Spagnuolo and Company Real Estate Lawyers. I have seen hundreds of families provide a gift to their children to help with the downpayment to buy a home. This article should be considered a request to pause for a moment (and where necessary get legal advice) when providing funds for a gifted downpayment.

It’s no surprise to readers of this newsletter that real estate (and life!) is expensive.  It’s hard if not impossible for young adults to enter the real estate market without help. The Bank of Mom and Dad is one way that young adults have been able to gain a toehold in the market.

One way a parent can help their children is to give an outright gift. Parents give all or part of the down payment to their kids. Legal tidbit of the day: it is a condition of (almost) every mortgage that a borrower does not have additional financing on their home – in other words, having a second mortgage is a technical breach of the first mortgage.  To satisfy this bank requirement, parents sometimes write gift letters to their kids – saying that the gift is a true gift, the parents aren’t loaning it to them, etc.

However, this strategy may come with risks!  A gift letter may be used against a parent by an aggrieved creditor down the road (think: ex-spouse). We recently read about a BC dad who can’t get back $500k he gave to his now-separated son and daughter in law for their home purchase (https://biv.com/news/economy-law-politics/bc-dad-cant-get-back-500k-he-gave-now-separated-son-daughter-in-law-for-home-10104723).

There’s a lot of other factors at play in this case, but importantly in our mind, the gift letter that the parent gave to their child ended up being used as evidence that the money was meant as a gift and not a loan.  In other words, the son and ex-spouse split the gift 50/50 versus the son receiving 100% of the gift.

There are a number of ways to mitigate this risk without upsetting the bank giving the first mortgage.  Each strategy has varying levels of certainty and risk, and some are more expensive than others.  But if you, or your clients, are planning on helping their child enter the market, it is certainly worth a conversation with a legal professional.

Family Portraits Season

Taking official family portraits is something we are trying to do more often. With a lot of extended family members flying into town over the holidays, we found the right opportunity. We took several combinations and ended up with numerous shots that will be looked at for generations to come. With my mom approaching her 80th birthday, we also ensured to make her shots a priority. We hope to make it an annual event in order to create the abundance of records that we sometimes struggle to find when we need them. 

BC Home Flipping Tax

The BC Home Flipping Tax, introduced under the Residential Property (Short-Term Holding) Profit Tax Act, came into effect on January 1, 2025. This tax applies to profits made from the sale of properties owned for less than 730 days and is designed to discourage speculative property sales, supporting long-term housing stability in British Columbia.

This tax is distinct from federal property flipping rules and is administered independently of income tax regulations.

Who is Subject to the Tax?

Any individual, corporation, partnership, or trust that sells a property in British Columbia within 730 days of purchase may be subject to this tax. This applies to:
• Residential properties (e.g., single-family homes, condos).
• Presale contracts (e.g., pre-build condos).
• Zoned residential properties.

The tax applies regardless of whether the seller is a resident of B.C. or resides elsewhere in the world.

Examples:
If you purchased a property on May 1, 2023 and sold it on January 31, 2025 (642 days of ownership), the profit is taxable.
If the same property is sold on or after June 1, 2025 (762 days of ownership), the tax no longer applies.

Click here to continue reading about Key Highlights of the tax....

THE 2025 BANK OF CANADA INTEREST RATE MEETING SCHEDULE

WHEN IS THE NEXT BOC MEETING?
 

The Bank of Canada meets eight times per year and makes announcements about rates. Now more than ever, these dates matter very much to our industry and and to anyone with a variable rate. Here are the dates listed below for 2025. I've also included a link to the BOC website.  

As always, should you have any questions, please feel free to reach out to discuss. I am happy to help. 

2025:

Wednesday, January 29, 2025 (0.25 reduction)

Wednesday, March 12, 2025

Wednesday, April 16, 2025

Wednesday, June 4, 2025

Wednesday, July 30, 2025

Wednesday, September 17, 2025

Wednesday, October 29, 2025

Wednesday, December 10, 2025

Bank of Canada publishes its 2025 schedule for policy interest rate announcements and other major publications - Bank of Canada

Christmas in Punta Cana

This year, we decided to spend Christmas at warm and sunny Punta Cana in the Dominican Republic. It was a really nice escape from Vancouver's wet and cold winter. We also got to celebrate my son Eden's birthday while there. He had such a blast that he asked if we could relocate "Canada" to this exotic new location lol. 

All was great at the all-inclusive resort with the usual unlimited food, drinks and entertainment. It's hard not to binge when it's in your face all the time. At least we each amassed 10,000-15,000 footsteps daily due to all the exploration and activities available. 

We also signed up for a day-long road trip to the capital Santo Domingo where this picture was taken. We got a tour of some really interesting cave systems recently created by earthquake. We were also shown around the "Colonial Neighbourhood" downtown where we saw Christopher Columbus' residence etc. For a history enthusiast like myself. I wished we had more time to explore more of the places that I'd read about over the years. 

I hope you've also had an nice holiday season with your friends and family. May 2025 bring you joy, peace, success and good health. 

December 15th Changes in Mortgage Rules

Starting December 15th, the maximum loan amounts increased for borrowers of High Ratio Mortgages (<20% down payment). This is great news, especially for those in higher-priced markets where the current loan limits may have made it more difficult to secure enough financing. Here is a summary of the changes:

#1 Increase in the $1 Million Price Cap to $1.5 Million

This change applies to all applicants who require high-ratio mortgage insurance (required when the down payment is less than 20% and the loan-to-value (LTV) ratio is greater than 80%). The following conditions must be met:

The value of the property securing the loan must be less than $1.5 million.

Down payment requirements:5% on the portion of the purchase price up to $500,000.10% on the portion of the purchase price between $500,000 and $1.5 million.

#2 Eligibility for 30-Year Mortgage Amortizations

This measure applies to high-ratio mortgage insurance applicants who are:

First-time homebuyers purchasing either a newly constructed or existing home, or All buyers purchasing a newly constructed home.

 Other Parameters

Effective Date: These changes apply to high-ratio mortgage insurance applications submitted on or after December 15, 2024, including resubmitted applications. Occupancy: These measures apply only to high-ratio mortgages for properties that will be occupied by the borrower or a close relative (i.e., someone related to the borrower by marriage, common-law partnership, or any legal parent-child relationship on a rent-free basis). A rate premium surcharge of 0.20% will apply to insured mortgages with amortizations exceeding 25 years. 

First-Time Homebuyer Requirement:

At least one borrower must be a first-time homebuyer, meeting one of the following criteria:

-The borrower has never owned a home.

-The borrower has not occupied a home as their primary residence, nor has their current spouse or common-law partner, in the past 4 years.

-The borrower has recently experienced the breakdown of a marriage or common-law partnership.

Home price growth to return to long-term norms in 2025, ending era of market unpredictability

For the last few years, the Canadian housing market has experienced trends far outside the norm.

A global pandemic, rapidly rising interest rates and economic disruptions threw the real estate market off course for a time, but 2025 is expected to bring conditions back in line with long-term historical averages.

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