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The Weekly 411: Today, we're covering π Canadian Mortgage Rates Dip to 4% Following US Rate Cut π§π½π 200,000 International Student Work Permits to Expire by 2025 π¨π½π» Canadian Real Estate Fueling Productivity Crisis π€ Luxury Real Estate Unaffected by Foreign Buyer Ban π Canada's 2025 Mortgage Rule Changes π€ WTF of The Week Read Time: 4 minutes π Canadian Mortgage Rates Dip to 4% Following US Rate Cut Yesterday (Sept 18) the U.S. Federal Reserve cut its interest rate by 50 basis points, a larger...
The Weekly 411: Today, we're covering π Canada's Rent Growth Stagnates to 3-Year Low π Canada's Unemployment Hits 7-Year High π’ Federal Workers Called Back to Offices π 27 Ontario Developers Went Under Water in 2024 ποΈ Vancouver Housing Market Cools π€ WTF of The Week Read Time: 4 minutes π Canadian Rent Growth Slows to 3-Year Low Rent growth has declined since May, when it reached a record high of 9.3%. Five of Canada's six largest markets saw rents fall in August, with Edmonton being the...
The Weekly 411: Today we're covering π Toronto Realtor Memberships Rates are Declining π Student Housing Demands Drop Across Canada π Ontario Property Assessments Frozen Since 2016 π° 5 Real Estate Projects That Are DEEP Underwater π€ WTF of The Week Read Time: 4 minutes π Toronto Realtor Memberships Sees First Decline Since 2016 TRREB membership declined by 1,363 year-over-year in July 2024, the first yearly decrease since 2016. Realtors face reduced profitability. Over 80% conduct fewer than...