ALTRA LENDING-Mortgage Jeanie

09/01/2026

As I told you all since 2021, RE prices will go down, now here it is!! No lies told!!

09/01/2026

I need this for my soul!
There are still some good people in this world.

24/09/2025

Oxford says Canadian economy to remain sluggish as housing struggles to find bottom.

Weak growth and a softening job market
Oxford Economics said the economy will “remain on the verge through the second half of 2025, teetering on recession,” with the Bank of Canada’s recent cut described as consistent with easing inflationary risks and faltering growth. Another reduction in October was noted as possible, though the outlook “is still subject to policy shocks,” including a fiscal boost anticipated in the federal budget this fall.

The firm now expects inflation to average 2.6% next year, down from earlier projections of 3%, while the labour market will continue to feel the strain. “We think there’s still a little bit of a hit coming to lift unemployment to 7.4%,” the call noted, though the rate should fall relatively quickly into 2026 as population growth slows.

The outlook pointed to a prolonged weak growth cycle. “Our outlook for the Canadian economy is not that optimistic — we expect to remain on the edge of recession into 2026, with overall growth close to zero,” Oxford said. Quarter-by-quarter gains are expected to come slowly, in the range of just one to three tenths of a percent.

Uncertainty over tariffs under USMCA was also cited as a risk. Until Canada secures a deal similar to those achieved by the UK or EU, the firm noted a cloud of uncertainty is expected to hang over tariff rates, dampening investment and related sectors.

24/02/2025

RE Market not a pretty sight for investors!

Greater Toronto real estate’s bad year ended even worse. Altus Group data showed Greater Toronto Area (GTA) developers saw demand slip further in December, as new home buyer incentives failed to stimulate new demand. As a result, the market accumulated the most year-end inventory in nearly a decad...

24/02/2025

Toronto New Home Sales Were The Weakest Since The 1990 Real Estate Crash.

Greater Toronto real estate’s bad year ended even worse. Altus Group data showed Greater Toronto Area (GTA) developers saw demand slip further in December, as new home buyer incentives failed to stimulate new demand. As a result, the market accumulated the most year-end inventory in nearly a decad...

24/02/2025

https://www.orilliamatters.com/local-news/uncertainty-around-tariffs-a-dark-cloud-over-real-estate-market-10254170?utm_campaign=Daily%20News&utm_medium=email&_hsenc=p2ANqtz-_wNo6ggM2M9x2S-aC8DoTDlxDFKUhIk-9MD6YO65YRB2iCu60UZPh-_gpwfIydfH-LGEXMgVEjRg-mFCFpyn15CMg3Vw&_hsmi=348355527&utm_content=348355527&utm_source=hs_email

In Simcoe County, single-family house prices were up 2.8% last month, according to latest figures from Canadian Real Estate Association