The latest data from the Canadian Real Estate Association (CREA) shows Canadian home sales activity spiked last month, reaching a level unseen since April 2022, and surpassing the 10-year monthly moving average. “The jump in home sales last month was definitely an October surprise, although with the big interest rate cut of 50 basis points announced during the last week of the month, the increase was more likely related to the surge in new listings we saw in September,” said... [read more]

With the recent U.S. election results bringing Donald Trump back into office, Canadians are watching closely to understand how this shift could impact their economy—especially the housing market. As Trump gears up to implement his proposed policies, ranging from tariffs to defense spending, Canadians are left wondering: how might these changes affect us? Potential Economic Shifts and Their Influence on Canada The U.S. and Canadian economies are deeply interconnected, with any... [read more]