Sales 5,875 Average Price $1,106,050 New Listings 11,592

‘Effective November 21st, 2024, borrowers are no longer required to undergo a stress test (higher of benchmark rate 5.25% or contracted rate + 2%) when switching an uninsured conventional mortgage from a federally regulated financial institution (FRFI) to another financial institution at renewal, if maintaining the same amortization schedule and same loan amount with up […]

Sales 6,658 Average Price $1,135,215 New Listings 15,328

‘The Bank of Canada on October 23, 2024 reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%. – Bank Of Canada

Sales 4,996 Average Price $1,107,291 New Listings 18,089

Sales 4,975 Average Price $1,074,425 New Listings 12,547

‘The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%.’ – Bank Of Canada

Sales 5,391 Average Price $1,106,617 New Listings 16,296

‘The Bank of Canada today reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%.’ – Bank of Canada

Sales 6,213 Average Price $1,162,167 New Listings 17,964