As 2025 begins, there is greater optimism around the Canadian real estate market, as many experts forecast a rebound driven by lower borrowing costs, pent-up demand, and a more stable economic environment. The projections vary across sources, but most agree on a renewed upward trend in sales and home prices.

Key Drivers of the 2025 Real Estate Outlook

Lower interest rates are the linchpin of the anticipated...

On January 9, 2025, the governments of Canada and Quebec announced a new housing project to commit to the rapid construction of 500 prefabricated multi-unit homes by 2026. This milestone, part of the Programme d’Habitation Abordable Québec (PHAQ), leverages prefabricated housing technologies to meet urgent housing needs.

Addressing Housing Challenges with Prefabrication

The initiative aligns with broader...

Canmore is a key destination for recreational properties and tourist-oriented rentals. The numbers of tourist homes and short term accommodations have been growing in Canmore over the past decade. Tourist homes rose about 33% from 2013 to 2022, while short-term accommodations grew 25% from 2014 to 2022.

However, Canmore’s housing and rental market is undergoing significant changes, with a housing action...