04/11/2025
Did you know? Wage growth in Canada is now nearing 6% annually—one of the strongest levels in 25 years, according to StatsCan. That matters because affordability is starting to improve. With falling mortgage rates, flat or declining home prices, and rising incomes, more Canadians are finally in a better position to buy.
The Bank of Canada’s affordability index showed positive movement in Q4, and while we’re not fully back to “normal,” we’re on the right path.
For first-time buyers, this could be the opportunity you've been waiting for.
For sellers, stronger affordability means a broader base of qualified buyers entering the market.
🔑 The market is shifting—and with the right strategy, it could work in your favour. Want to explore what this means for your next move? Let’s chat.
Always here for you, TRACY TRAN | Sales Representative
D: (647) 806- TRAN (8726)
P: (416) 298-8383
F: (416) 298-8303
2855 Markham Rd, Suite 300 Toronto
350 Burnhamthorpe Rd W #127 Mississauga
