Between July 2024 and June 2025, Alberta gained 28,138 net interprovincial migrants – 44 per cent of them from Ontario and 25 per cent from British Columbia. That’s not a trickle. It’s a signal that Canadians are actively comparing provinces, not just neighbourhoods. The standard two-bedroom condo in Toronto or Vancouver now sits close to a million dollars, while a
Buying a fixer-upper in a cold Canadian climate sounds like a smart way to build equity fast. And it can be — but only if you know what you’re walking into. A house that looks like a bargain in July can reveal foundation cracks, outdated wiring, and insulation problems once the frost sets in. The numbers bear this out: a
More than 42,000 Canadians packed up and moved to Alberta in just the first three months of 2026. That single quarter broke the record for interprovincial migration to any province in Canadian history. For anyone trying to buy a home in Ontario or British Columbia right now, the reason isn’t hard to find. The average detached house in Calgary or
Buying a home in Canada has become so expensive that 41% of first-time buyers relied on gifted funds for their down payment in 2025, according to the CMHC mortgage consumer survey. That number was 27% in 2023 and just 18% in 2018. For landlords, this trend changes everything — it means more tenants are renting by necessity, not by choice,
In Toronto, the average condo price dropped 9.5% year over year in May 2026 to $639,468. That sounds like bad news for sellers. But for anyone watching closely, that kind of dip can be one of the first signals that a neighbourhood is about to swing the other way — fast. The question is whether you spot the signs before
Canadian cottage country is caught between two forces that don’t often meet: a growing pool of buyers and a supply of properties that barely budges. The national median price of a single-family recreational home hit $581,300 in 2025, up 4.3% from the year before, and Royal LePage projects it will climb another 4.0% to $604,552 in 2026. But the headline
In March 2026, legal aid clinics across Ontario saw a surge in people who had put $60,000 to $100,000 into rent-to-own contracts they couldn’t close. The properties had gained value, but not enough to cover the gap between the locked-in strike price and what the bank would actually lend. That single mismatch is quietly reshaping how rent-to-own deals work across
In 2024, 38% of Canadian homebuyers entered a bidding war, up from 24% in 2019 according to CMHC data. That jump means nearly two in five buyers are now competing directly for the same property, and the financial consequences go far beyond the final sale price. Disclosure: Some links on this page are affiliate links. If you make a purchase
Canadian asking rents have fallen for 20 consecutive months as of June 2026, a stretch of decline that has shifted leverage from landlords to tenants in most major markets. For the first time in years, a renter who receives a renewal notice with a rent increase has real options — including the option to walk away and find a better
Most first-time buyers in Canada spend three to six months searching for a home before they get the keys. But the financial preparation that makes that possible should start at least a year earlier (WealthNorth). The gap between when people start dreaming about a house and when they’re actually ready to buy is where most of the costly mistakes happen
Canada needs to build roughly 3.5 million additional homes by 2030 just to bring affordability back to where it was in 2004, according to the Canada Mortgage and Housing Corporation. That’s a staggering number. While most of the conversation focuses on high-rise towers and sprawling subdivisions, a quieter solution is taking shape in backyards across the country. The Greater Toronto
Toronto’s average home price hit $1,034,000 in the fourth quarter of 2025, according to Royal LePage data. For a single buyer, that means a down payment north of $200,000 and a monthly mortgage that eats up most of a take-home salary. Co-ownership — buying a home with people other than a spouse — is how more Canadians are answering that
