🏦🇨🇦The Bank of Canada has kept its policy interest rate at 2.75%, for the third time in a row, offering stability in an uncertain economy. What does this mean for real estate?

For Buyers:

• Stable rates offer clarity and makes it easier to forecast long-term mortgage expenses.

• A steady rate environment gives buyers room to act strategically.

• Confidence rises when rates are steady, leading to quicker decision making.

For Sellers:

• Stable interest rates may boost buyer confidence and motivation.

•Capitalize on current buyer interest before the fall inventory rises.

• Stability often brings clarity which potentially can boost overall market movement.

🔗 Check the official Bank of Canada announcement here

Thinking of buying or selling? Let’s chat about how this impacts your plans.📞 Reach out today for expert advice.

Construction costs in Canada rose significantly in Q2- rising at more than double the Bank Of Canada’s inflation target. According to Statistics Canada, the spike is driven by rising counter-tariffs and a shortage of skilled labour, making it harder for builders to meet growing demand.

👉Click on the link below to read the full report.

🔗 https://betterdwelling.com/canadian-real-estate-building-costs-surge-on-tariffs-labour-crunch/

Looking to buy or sell in today’s changing market? Let’s talk about how these cost trends could affect your next move.

Canada’s real estate market is expected to cool down in 2025, with several key factors contributing to the slowdown. These include:

• Ongoing global trade tensions

• Economic uncertainty across the country

• Slower population growth

• Rising unemployment rates

As a result, national home prices are projected to dip by around 2%, with more significant declines in Ontario and British Columbia.

If you’re planning to buy or sell in 2025, it’s important to stay informed about how these trends may affect your local market.

👉 Want more details? Read full report here. 

Summer is in full swing, and July is the perfect time to tackle quick home maintenance tasks that keep your property in top shape.

Here’s a simple checklist for Ontario homeowners:

• Clean and inspect your air conditioner unit

• Check for cracks in driveway or walkways

• Inspect decking and railings for loose boards or nails

• Trim trees and bushes away from the home

• Clean and reseal wood decks or fences if needed

• Inspect your attic for signs of pests or moisture

Taking care of small issues now can prevent big repair bills later and it keeps your home ready for resale.

Want more homeownership tips or thinking of selling soon? Contact me today for a free home evaluation!

According to a new CTV News report based on the Leger Happiness Index, Mississauga has been ranked the happiest city in Canada among the country’s 10 largest cities. Hamilton came in third, Brampton secured fifth place and Toronto landed 10th.

This survey highlights the growing appeal of cities like Mississauga and Brampton for homebuyers looking for strong communities, livability, and a better quality of life.

👉 Check out the full CTV News article here to see the complete rankings.

Thinking about making a move? Let’s talk about what makes these cities such great places to call home.

Closing costs are the final fees due when a home sale is completed—and they can catch you off guard if you’re not prepared. These costs may cover services from:

✔️ Lenders (mortgage fees)

✔️ Lawyers (legal fees)

✔️ Title companies

✔️ Insurance providers

✔️ Tax authorities (land transfer tax)

✔️ HOAs (for condos)

✔️ Real estate agents (commission)

📑 Why It Matters: These costs usually come due on closing day, so it’s crucial to plan for them early. Whether you’re a first-time buyer or listing your current home, understanding what’s involved helps you avoid last-minute surprises—and makes the entire process smoother.

Want a personalized estimate? I’m happy to walk you through what to expect based on your specific situation.