While many major real estate markets across Canada are settling into a softer cycle, Quebec continues to move in the opposite direction. Demand remains high, supply remains limited, and early forecasts suggest that 2026 could bring another year of price growth—especially in the Greater Montreal and Laval areas. Across the country, cities like Toronto and … Read more
Canada’s Big Six banks have lowered their prime rates by 25 basis points, mirroring the Bank of Canada’s latest move. The benchmark prime rate now sits at 4.45%, with TD’s mortgage prime slightly higher at 4.60% due to a pricing change made years ago. This is the lowest level since June 2022, before the central … Read more
Mortgage rates nudged down a little this week, giving borrowers a small break before what could be a bigger change next week. Nationally advertised rates fell by five basis points on several popular terms: The three-year fixed (uninsured) slipped to 3.94% The five-year variable (uninsured) eased to 3.99% The five-year fixed (insured) dipped to 3.84% … Read more
Canada’s annual inflation picked up to 2.4% in September, complicating expectations that the Bank of Canada will trim rates at next week’s meeting. StatsCan said the CPI rose on higher food prices and smaller declines in gasoline, overshooting the 2.2% consensus. Housing-related costs were mixed: rent +4.8%, mortgage interest +3.6%, property taxes and special charges … Read more