How much income do you need to buy a house in Canada? A look at housing affordability in October 2025 – MoneySense

However, there are some green shoots: the same report indicates that conditions are starting to improve in some local markets, with monthly sales increases starting to eat into accumulated inventory. Overall, however, market conditions remain clearly in favor of buyers – and that is reflected in current home prices, which are relatively soft compared to […]

How to Choose the Best Valuation Agency – MoneySense

1. Search for Appointed Appraisers (AIC Members) The first and most important factor is the references. Make sure the company’s appraisers are designated members of the Appraisal Institute of Canada (AIC), either CRA (Canadian Residential Appraiser) or AACI (Accredited Appraiser Canadian Institute). These designations ensure that your appraisal report meets the requirements of the Canadian […]