Renx Homes News Canada (RENXHOMES)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

thankyou@renxhomes.ca
Canada: 1-855-569-6300

Robust winter, spring 2025 housing market forecast

4 weeks ago

Robust winter, spring market forecast heading into 2025

A window of opportunity could be opening for homebuyers with down payments in the bank as the housing sales market moves toward a recovery in 2025, according to many industry forecasts.

B.C. real estate market in 2025 will be more balanced: BCREA

The B.C. Real Estate Association (BCREA) is expecting an even balance between the number of people selling and seeking homes in the province in 2025, although its chief economist said some factors could still disrupt an otherwise "boring" upcoming year. 

2025 mortgage predictions - and some wishful thinking

The past few years have been extraordinary for Canada’s mortgage market – and 2025 is shaping up to be just as disruptive. Despite the uncertainty, there are a few clear mortgage trends shaping up in 2025.

Home affordability still challenging for many Canadians: RBC

A new report from RBC Economics said home affordability in Canada is improving, though strains remain. Home ownership costs as a percentage of median household income remained close to worst-ever levels, at 58.4 per cent in Q3.

The Toronto areas most likely to have bidding wars in 2024

The Ontario communities that were the most overbid in 2024 saw residences go for up to 24 per cent more than asking, on average. The hottest was by far Toronto's Danforth, where homes most consistently overbid this year.

Torontonians want to buy homes, but the market has stalled

OPINION: According to data released this week, Greater Toronto’s housing market is behaving like an engine on the verge of seizing up. In almost every other part of Canada, however, the housing story looks more like an engine that's puttering along.

Hamilton charity builds tiny homes to tackle housing crisis

VIDEO: The goal of the charity named 'In My Backyard’, also known as IMBY, is to provide affordable housing by collaborating with homeowners and building tiny homes in their backyards. 

Hamilton co-op residents mark holiday in building they own

In June, tenants at 272 Caroline St. S. purchased their building from their landlord as a co-operative. The process, which took over a year, is the first tenant-led conversion of an apartment to a co-op in Hamilton, the group says.

It's a good time to negotiate a rent reduction

Toronto rent prices have been dropping for months, so if you got into the market around the peak, now could be a good time to push back against a rent increase or make the case for a rent reduction.

Thinking of gifting a down payment this holiday season?

With the holiday season in full swing, many Canadians are focused on gift giving. For some, that includes helping loved ones take their first steps toward homeownership with a financial contribution for their down payment.

U.S. homebuilder outlook jumps on Trump hopes

U.S. home builders’ outlook for the next six months rose to the highest in more than two-and-a-half years on optimism that the upcoming Trump administration will help remove construction regulatory hurdles and boost sales. 

China property flare-ups resurface as crisis enters fifth year

As China’s property debt crisis enters its fifth year, there’s little indication distressed developers are finding it easier to repay debt as a slump in home sales continues. The sector is a notable laggard in stock markets.

Industry Events