Will Mortgage Rates Go Down in Canada in 2023?
Mortgage rates fell to all-time lows in 2020. Now they’re more than double what they were, and everyone is asking the same question. Will mortgage rates come down in 2023? Let’s break it down. Why are mortgage rates so high? Mortgage rates are influenced by several factors, the foundation of which i
What Would a Recession Mean for Canadian Real Estate in 2023?
Many fear a recession in 2023—but is one inevitable? Let’s break it down. What is a recession? The most widely-accepted Canadian meaning of “recession” comes from the C.D. Howe Institute Business Cycle Council. The Council defines a recession as “a pronounced, persistent, and pervasive decline in ag
How Has the Market Shift Impacted Your Home’s Value in Canada?
Many homeowners worry about recent real estate headlines and talk of home pricing declines. You may wonder, "Will the value of my home plummet?" — especially if you plan to sell your home in the coming months. You might also wonder if real estate market conditions are so bad that you won't be able t
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