Team Milovick

If you’re watching Canadian real estate, the big story right now is how differently each market is moving. There really isn’t one national trend that tells the whole story.

Canada’s Housing Markets Keep Moving in Different Directions Canada’s housing picture is anything but uniform heading into fall. Toronto lost some momentum in August, Vancouver saw sales pick up despite continued price pressure, Montreal gained more listings, and Calgary cooled after earlier summer gains. RBC expects these regional differences to stick arou...

https://breakingbank.media/ca/your-biggest-asset-may-be-your-future-income/?ref=mmilovick

Your Biggest Asset May Be Your Future Income When people take stock of their finances, they usually start with the assets they can put a value on. Home equity, investments, retirement savings and business interests all contribute to net worth and provide a useful picture of financial progress. Future income deserves a place in that picture as....

If you bought during the 2021–2023 run-up, timing has mattered a lot: owners who needed to sell again quickly have been much more exposed to losses.

Why Some Recent Canadian Homebuyers Are Selling at a Loss Buying at the height of a housing surge can look very different a few years later. New data highlighted by the Financial Post shows how often properties purchased during the 2021–2023 period have sold for less when owners returned to the market relatively quickly. The impact has been particularly ...

If you love seeing how celebrities invest in real estate, Taylor Swift has assembled a collection of homes across four states now valued at at least $100 million.

Taylor Swift's $100 million real estate portfolio includes houses in Nashville, Rhode Island, and Beverly Hills Taylor Swift’s real estate story stretches from Nashville to New York, Rhode Island and Beverly Hills. Her collection is valued at at least $100 million and includes Nashville properties, an oceanfront estate in Watch Hill, multiple residences in Manhattan’s Tribeca neighbourhood and the histori...

If you’ve been waiting for Canada’s housing market to turn a corner, there are signs of progress, but RBC says a more visible recovery likely won’t arrive until 2027.

Canada’s Housing Recovery Is Taking Longer Than Expected Canada’s housing market is showing signs of finding its footing, but the recovery isn’t expected to look the same everywhere. RBC sees sales and prices declining nationally for 2026 before conditions improve more noticeably in 2027. Ontario and BC could see stronger sales rebounds after their pr...

Say a prayer tonighr for Waterloo's football family.

Waterloo Warriors player Daniel Molla dead at 19 - 3DownNation Waterloo Warriors offensive lineman Daniel Molla died suddenly on Monday, September 7, at the age of 19, the university has announced. No cause of death was provided. “The sudden and unfortunate passing of Daniel Molla is heartbreaking for our players, coaches and support staff,” head coach Chri...

If a small room feels a little underwhelming, a few smart design choices can make it look more polished without adding square footage or spending a fortune.

8 Small-Space Tricks for a More Expensive Look A small room doesn’t have to feel basic or cramped. Redesign Daily shares eight design tricks for giving compact spaces a more elevated look, with ideas that focus on thoughtful details rather than simply spending more money. If you’re decorating an apartment, refreshing a smaller room, or getti...

https://breakingbank.media/ca/why-more-canadians-are-moving-away-from-the-five-year-fixed-mortgage/?ref=mmilovick

Why More Canadians Are Moving Away From the Five-Year Fixed Mortgage For decades, the five-year fixed mortgage was almost the default choice for Canadian homeowners. Lock in your rate, know your payment, and revisit the decision five years later. That pattern is changing. New data from Canada Mortgage and Housing Corporation (CMHC) shows that borrowers are increasing...

If you’ve been waiting for the market to stabilize, RBC expects more buyers to return in 2027, with Ontario and B.C. potentially seeing some of the strongest rebounds.

Canada Could See a Wave of Buyers Return in 2027 A lot of Canadians have spent the past several years renting, saving and waiting for a better opportunity to buy. RBC estimates more than 400,000 potential households have delayed homeownership since 2019 and believes many could start returning to the market as conditions stabilize. The bank expects...

If buying has felt increasingly out of reach, there’s some encouraging news: Canadian housing affordability improved for a record 10th consecutive quarter.

Canadian Home Affordability Improves for a Record 10th Quarter There’s some welcome progress for Canadians trying to afford a home. National Bank says affordability improved for a record 10th straight quarter, with the mortgage payment on a representative home falling to 51.1% of median household income, its lowest level in roughly four years. This time, fall...