May 23, 2023
Could Higher Interest Rates be the Reason Canadians are Not Listing Their Homes?
In a surprising turn of events, the Canadian housing market is experiencing a shortage of new home listings, with homeowners
Blog
Welcome to the Mortgages for Less blog! Here, you'll find expert advice, industry news, and helpful tips to guide you through every step of your home financing journey. Whether you're a first-time homebuyer or looking to refinance, our blog is your go-to resource for staying informed and making smart mortgage decisions.
Stay up-to-date with Market Trends
Check out our blog to stay up to date on the housing and mortgage market.
May 23, 2023
In a surprising turn of events, the Canadian housing market is experiencing a shortage of new home listings, with homeowners showing reluctance to sell their properties. This has led to a surge in home prices, leaving potential buyers facing limited options and entering bidding wars. While there may be multiple factors at play, one significant…
May 17, 2023
After a period of uncertainty caused largely by the Bank of Canada raising its rate by more than 3%, it seems the housing markets in Canada are finding their footing once again.May 4, 2023
Calgary's benchmark price reached $545,100 in April 2023 with supply at just 1.2 months and homes selling in 24 days. Full stats and analysis.April 14, 2023
IT'S HEATING UP IN CALGARY It's starting to warm up, is the market about to follow? Need Some Mortgage Advice? Whether getting a mortgage on your first home, or looking at options for your next one we are here to help. Our team prides itself on open and honest advice. Come see why we just…April 4, 2023
Calgary's benchmark price rose to $535,100 in March 2023 as supply tightened to 1.3 months and inventory sat 26% below last year. Full stats and analysis.March 6, 2023
Calgary's benchmark price rose 2% in February 2023 to $526,500 as sales jumped 45% on the month and supply tightened to 1.6 months. Full stats and analysis.February 6, 2023
Calgary's benchmark price eased to $516,300 in January 2023 — the low point of the correction — as sales fell 40% year-over-year. Full stats and analysis.January 25, 2023
Time To Evaluate Is the Bank of Canada finally ready to stop their rate hikes? Need Some Mortgage Advice? Whether getting a mortgage on your first home, or looking at options for your next one we are here to help. Our team prides itself on open and honest advice. Come see why we just received…January 4, 2023
Calgary closed 2022 with a benchmark price of $518,800, up 11.8% on the year despite a mid-year peak and correction. Full year-end stats and analysis.
#image_title Read more
#image_title Read moreMay 17, 2023Mortgage Minute 24: Things are getting HOT in Alberta
After a period of uncertainty caused largely by the Bank of Canada raising its rate by more than 3%, it
- Read moreMay 4, 2023
Calgary Housing Market Update (April 2023): Are We Back to a Seller’s Market?
Calgary's benchmark price reached $545,100 in April 2023 with supply at just 1.2 months and homes selling in 24 days.
#image_title Read moreApril 14, 2023Mortgage Minute 23: It’s heating up in Calgary
IT'S HEATING UP IN CALGARY It's starting to warm up, is the market about to follow? Need Some Mortgage Advice?
- Read moreApril 4, 2023
Calgary Housing Market Update (March 2023): Is There Anything Left to Buy?
Calgary's benchmark price rose to $535,100 in March 2023 as supply tightened to 1.3 months and inventory sat 26% below
- Read moreMarch 6, 2023
Calgary Housing Market Update (February 2023): Why Are Prices Rising Again?
Calgary's benchmark price rose 2% in February 2023 to $526,500 as sales jumped 45% on the month and supply tightened
- Read moreFebruary 6, 2023
Calgary Housing Market Update (January 2023): Have Prices Hit Bottom?
Calgary's benchmark price eased to $516,300 in January 2023 — the low point of the correction — as sales fell
- Read moreJanuary 25, 2023
Mortgage Minute 22: The Bank of Canada’s Final Rate Increase
Time To Evaluate Is the Bank of Canada finally ready to stop their rate hikes? Need Some Mortgage Advice? Whether
- Read moreJanuary 4, 2023
Calgary Housing Market Update (December 2022): How Did the Year End?
Calgary closed 2022 with a benchmark price of $518,800, up 11.8% on the year despite a mid-year peak and correction.
