#record-condo-prices

#record-condo-prices

To find a building with this scale, flexibility, and existing group housing use in such a prime location is extraordinarily rare.

The Homekey project at 1237 San Antonio Road has been in the works since fall 2023, when city and state leaders touted its importance in addressing the local and regional housing crisis.

Statistics Canada reported that the income gap measuring the difference in disposable income between the top 40 percent and bottom 40 percent reached 46.7 percentage points in 2025, up from 46.4 percentage points the previous year.

Cash-out refinance volume rose 9% from February and 21% from March 2025, while rate-and-term refinance volume fell 34% month over month but remained more than 66% higher than a year ago.

BHI provided a $167 million construction loan to Yellowstone Real Estate Investments for the conversion of the Candler Building into a 176-unit residential tower with retail space, totaling $203 million in financing.

Steve Murray, co-founder of RealTrends Consulting, stated that anyone claiming privately owned independent brokerages cannot compete is misinformed. The data indicates otherwise, showing their resilience and success.

The province is projecting just 64,800 housing starts this year, 10,000 fewer than it expected for this year in last year's budget and 30,000 fewer than the 2024 plan projected.

The February PAPI declined over the month and is nearly 10% lower than a year ago, reflecting both reduced payments and steady income growth, Edward Seiler said. While affordability conditions remain challenging in many markets, these incremental gains felt across more than half of states are an encouraging sign for prospective buyers, particularly those seeking lower-payment options.

I lost a lot of money while I was in Alberta. I had quite a lot of debt. Sure, you might save $4 or $5 on your bills, but ultimately, that's not what saved me money at all. Moving to Montreal in the summer of 2024 helped replenish the family's budget, even though la belle province is notorious for its higher taxes.

Supply Scarcity: A looming "supply cliff" for 2026 and 2027 is expected due to a 44% drop in new housing permits since 2021. This chronic lack of inventory acts as a floor for property values, preventing a broader crash.

"It would be prudent for market observers to resist the temptation to trace a line from the end of 2025 into 2026," said CREA senior economist Shaun Cathcart in a statement. "We continue to expect sales to move higher again as we get closer to the spring, rejoining the upward trend that was observed throughout the spring, summer and early fall of last year."

[He] has been renting for the last eight years, just saving his money, Milonas told CBC Toronto. We had a chat pre-Christmas and he was like, What do you think? Is this the right time for me?' TRREB says lower condo prices could lead to another housing shortage if the current inventory is bought up quickly. (Cole Burston/Canadian Press) Milonas has now had that question from a handful of renters, and based on the current market, he's told most of them to go for it.