As was the case in 2022 and 2023, the undercurrent of the past year was interest rates. Across eight announcements, the Bank of Canada (BoC) lowered the policy rate five times in 2024, including by 50 basis points in both October and December. We will ring in 2025 with a policy rate of 3.25%, which ...| Storeys
storeys.com ‘Issue of the Year’ is part of STOREYS' annual editorial year-end series. You can find the rest of our 2024 selections here as they're released throughout the week.Once hailed as ‘king,’ condos (in particular, new condos) in Canada...| Storeys
In late November, President-elect Donald Trump took to X to share that, once sworn in on January 20, he would impose a 25% tariff on all imported goods from Mexico and, yes, Canada. Nearly two months later, Trump seems to be sticking to his guns, raising alarm amongst Canadian politicians.On January...| Storeys
"Normally, I'm planning vacations around now," Toronto realtor Susan Gucci told STOREYS in late-November. Instead, during a season where the housing market typically takes a back seat to holiday planning and frigid weather, Gucci is servicing clients who have been eagerly waiting to take advantage o...| Storeys
Explore how mortgages work in Canadian real estate, what terms they include, and how buyers qualify, repay, and manage home loans.| Storeys
In a report released Thursday, Royal LePage lays out its home price forecast for the coming year, backdropped by declining interest rates and new lending rules that make homeownership easier and more attainable for a growing number of Canadians.Their projection? Prices are on the rise, but not in th...| STOREYS
