Real Estate

In a move that is expected to impact thousands of workers across the country, the Canadian government announced an increase in the federal minimum wage for employees in federally regulated sectors. Beginning April 1, 2025, workers in industries such as banking, airlines, and rail companies, among others, will see their minimum wage rise to $17.75 Continue reading

In recent years, Southern Ontario’s rental market has witnessed a dramatic shift, with property managers rolling out enticing giveaways and incentives to lure potential tenants. A stark contrast to just a few years ago when renters were scrambling to secure apartments amidst soaring rental prices, today’s market offers a variety of perks, ranging from months Continue reading

As Australia’s rental crisis deepens, a controversial practice is forcing tenants to bid against each other, driving up rental prices and making housing even more unaffordable. New research from the Real Property Report 2025 has found that one in seven renters is voluntarily offering $125 or more per week above the advertised rent to secure Continue reading

Australian homeowners have a golden opportunity to save up to $300,000 on their mortgages following the Reserve Bank of Australia’s (RBA) first interest rate cut since 2020. The central bank has reduced the official cash rate from 4.35% to 4.10%, prompting major banks to pass on these savings to millions of customers. However, financial experts Continue reading

Australian homeowners are being urged to consider a game-changing strategy that could help them save an astonishing $294,519 in interest over the life of their home loan. As the Reserve Bank of Australia (RBA) prepares for its crucial interest rate decision this week, experts advise that maintaining current repayment levels—even if rates are cut—can dramatically Continue reading

A seismic shift in the Australian housing market is on the horizon as the Reserve Bank of Australia (RBA) considers its first interest rate cut since the COVID-19 pandemic. If implemented, this move could provide homebuyers with access to up to $50,000 more in borrowing power. However, while this presents an opportunity for buyers, it Continue reading

Despite a modest rise since the start of the month, bond yields remain more than 50 basis points (0.50%) below their January peak. Since fixed mortgage rates are closely tied to bond yields, Canada’s five largest banks—BMO, CIBC, RBC, TD, and National Bank—have responded by reducing rates across multiple mortgage terms by 0.10% to 0.25%. Continue reading

As property prices continue to soar across Australia, the number of capital city suburbs where homebuyers can secure a house for under $500,000 has dwindled to just twelve. However, there are still pockets of affordability for those looking to break into the market—particularly in Adelaide, Perth, and even Melbourne, where prices have stagnated. A recent Continue reading

As competition among Australia’s big banks heats up, Westpac has made a bold move to attract homeowners by slashing its variable and fixed home loan rates. With the Reserve Bank of Australia (RBA) expected to cut the cash rate soon, the banking sector is preparing for a fierce battle to retain and attract customers. Here’s Continue reading

With the cost of living at an all-time high, pensioners across Australia are facing an impossible choice: pay rent or buy food. The current rate of Centrelink rent assistance is failing to keep up with skyrocketing rental prices, forcing many older Australians to sacrifice essential meals just to keep a roof over their heads. Advocates Continue reading