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Canadian Real Estate Building Costs Surge On Tariffs & Labour Crunch.

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.

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Canada’s Housing Market Outlook for 2025: What Homeowners Should Know

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

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July Home Maintenance Tips

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!

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Mississauga Named Canada’s Happiest City in 2025.

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.

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What Are Closing Costs? A Quick Guide for Ontario Buyers & Sellers

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.

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🛠️ Should You Renovate Before You Sell? Here’s a short list of do’s and don’t.

Thinking about renovating before listing your home? Smart move—but only if the upgrades actually increase your home’s value. Not all renovations are worth the cost, and some may not give you the return you expect.

Renovations That Do Add Value:

• Fresh Paint & Updated Lighting

• Minor Kitchen Refresh

• Curb Appeal Upgrades

Renovations That Don’t Always Pay Off:

Full Kitchen Remodels

• High-End Custom Finishes

• New Pool Installation

Costly and not always desirable, especially in Ontario’s climate💡 Before you spend a dollar, ask: will a buyer actually pay more for this? Want advice on which upgrades make sense for your home? I’m happy to help you make the right call!

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June Home Maintenance Tips

As the weather warms up, and summer around the corner, now’s the perfect time to prepare your home for the season ahead. Here are a few must-do tasks to keep everything running smoothly:

    ✅ Repair/replace siding: Winter weather can take a toll- inspect for any damage or wear and tear.

    ✅ Service your A/C Unit: Beat the heat before it’s too late. Schedule a professional tune-up to ensure it’s         summer ready.

    ✅ Clean gutters and downspouts: Clear out spring debris to prevent water damage and foundation issues.

    ✅ Check furnace filter: A clean filter means better air quality and a more efficient HVAC system.

    ✅ Dust and deep clean: Target vents, ceiling fans and hidden corners- allergy season is here.

Tackling these small tasks now can save you money and stress down the road.

Need help getting your home market ready or curious about it’s current value? Let’s connect-I’m here to guide you every step of the way!

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Seller Tip

Overpricing is the biggest risk to a successful home sale. A seller’s emotional attachment and desire to maximize profit, can cloud their judgement and lead to a listing that linger on the market, eventually becoming stale.

💡SELLER TIP : It’s essential to ask your Realtor for comparable sales (comps) to better understand the current market value in your area. These insights provide a clear, data-driven view of what buyers are actually willing to pay- helping you price smart, attract serious buyers, and sell faster.

📞 Ready to sell smart? Let’s connect and I’ll help you understand the market and set the right strategy for a successful sale.

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I have sold a property at 43 43 Ashton Crescent in Peel

I have sold a property at 43 43 Ashton Crescent in Peel on May 28, 2025. See details here

Open House this Saturday May 17 from 2 pm to 4pm. Stunning 2 storey home plus walkout basement to fully fenced backyard oasis. End unit condo townhouse, showcasing pride of ownership. Enjoy the tastefully decorated neutral interiors, complemented by hardwood flooring on the main level and stainless steel appliances in the spacious sun drenched kitchen. The versatile office/family room in the basement, offers a walkout to a secluded backyard, backing onto a serene greenbelt and welcoming a delightful variety of birds creating a haven for birdwatching enthusiasts. As part of their amenities, enjoy cooling off in the summer months in the outdoor pool. Water heater from Reliance replaced April (2024).Electric Panel, Replaced fuses to breaker on April (2024), Furnace replaced march (2022),Windows replaced (2020), Dishwasher replaced (2018).

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Selecting the Right Neighbourhood!

Finding the right home starts with the Right Neighbourhood. It’s not just about the the house- it’s about where it’s located.

Before falling in love with a home, ask yourself:

          ✅ Does this area match my day-to-day needs?

          ✅ What is the commute like?

          ✅ Are there amenities close by?

         ✅ What is the overall vibe and is it right for me?

A beautiful home in the wrong neighbourhood can quickly lose it’s charm. 

📞 Contact me today and let’s find a neighbourhood that truly feels like home from the outside in!

 

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Open House. Open House on Saturday, May 17, 2025 2:00PM - 4:00PM

Please visit our Open House at 43 43 Ashton Crescent in Peel. See details here

Open House on Saturday, May 17, 2025 2:00PM - 4:00PM

Open House this Saturday May 17 from 2 pm to 4pm. Stunning 2 storey home plus walkout basement to fully fenced backyard oasis. End unit condo townhouse, showcasing pride of ownership. Enjoy the tastefully decorated neutral interiors, complemented by hardwood flooring on the main level and stainless steel appliances in the spacious sun drenched kitchen. The versatile office/family room in the basement, offers a walkout to a secluded backyard, backing onto a serene greenbelt and welcoming a delightful variety of birds creating a haven for birdwatching enthusiasts. As part of their amenities, enjoy cooling off in the summer months in the outdoor pool. Water heater from Reliance replaced April (2024).Electric Panel, Replaced fuses to breaker on April (2024), Furnace replaced march (2022),Windows replaced (2020), Dishwasher replaced (2018).

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What is a CMA?

If you’re thinking of selling your home, your realtor will likely provide you with a CMA (Comparable Market Analysis)

The CMA is a report that:

  1. Compares your home to similar properties that have recently sold or are currently listed in your area.

  2. Helps determine a realistic listing price based on key factors like location and recent upgrades.

  3. It’s customized and based on real market data, giving you a clearer picture of what buyers are actually willing to pay.

CMA’s are important because pricing your home right is key to attracting serious buyers and selling faster.

📞Contact me today for a free, personalized CMA to find out what your home is worth.

  

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Categories:   Brampton Real Estate
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.