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“What these homeowners and those in a similar position should be advised is that it could definitely get worse from here.”

CIBC CEO worries about the realities of living in Canada that new immigrants will face
Victor Dodig, CEO of Canadian Imperial Bank of Commerce, warns that Ottawa’s decision to increase immigration levels without first addressing the housing supply could lead to a "social crisis" over the next decade unless something is done soon.

Home sales have a weak start to 2023
Home sales in Canada in January 2023 were the lowest for the month since 2009.

Canada adds 150,000 jobs in January
Statistics Canada data is showing that Canada far exceeded expectations by adding 150,000 jobs in January 2023.

The housing market could make a turnaround by 2024 according to a Desjardins report
Desjardins Economics released a report that predicts home sales in Canada will reach a low in the second half of 2023 and pick up again.

New real estate brokerage helps sellers save thousands in commission costs
Recently, in Burlington, we managed, within a week, [to sell] the house for 3 million dollars. Saved around $71,000 in commission. And I can tell you that he was very happy.