8 New Housing Policies Announced in the 2024 Federal Budget

Wednesday Apr 24th, 2024

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8 New Housing Policies in the 2024 Federal Budget On Tuesday, April 16th, the Canadian federal government unveiled the 2024 budget. The annual fiscal announcement detailed dozens of new and ongoing initiatives aimed at creating new housing, along with policies targeted at making renting and home ownership more affordable for Canadians. Here are eight standout housing policies announced in this year’s budget: Canadian Renters’ Bill of Rights More Canadians are renting for... [read more]

Market Watch - Ontario Homes Sales on the Rise

Thursday Feb 22nd, 2024

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We had a positive start to 2024. The Bank of Canada expects the rate of inflation to recede as we move through the year. This would support lower interest rates which would bolster home buyers' confidence to move back into the market. First-time buyers currently facing high average rents would benefit from lower mortgage rates, making the move to home ownership more affordable. Once the Bank of Canada starts cutting its policy rate, likely in the second half of 2024, expect home sales to... [read more]

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