Tuesday, 28 April 2026

Terminology Tuesday: Easement

An easement is a common but often misunderstood concept in Ontario real estate. In simple terms, an easement is a legal right that allows someone else to use a portion of a property for a specific purpose—even though they don’t own it.

In Ontario, easements are most often seen with utility companies. For example, a hydro or gas provider may have the right to access part of your land to install, maintain, or repair infrastructure like power lines or pipelines. Municipalities may also have easements for things like stormwater drainage or sewer systems. In some cases, neighbouring properties may benefit from an easement—such as a shared driveway or a right-of-way to access a landlocked parcel.

It’s important to understand that while you still own the land, your use of the easement area can be restricted. You typically can’t build permanent structures over it or do anything that would interfere with the purpose of the easement. For instance, building a shed or planting large trees over underground utilities could cause issues down the line.

Easements are registered on title and will appear during a title search, which is why reviewing these details is a key part of any real estate transaction. Buyers should take the time to understand how an easement might affect their use and enjoyment of the property. Sellers, on the other hand, should be aware of any easements on their property and be prepared to disclose them.

If you’re unsure how an easement impacts a property you’re buying or selling, working with a knowledgeable REALTOR® can help you navigate the details and avoid surprises.

Monday, 27 April 2026

Market Media Monday - April 27, 2026

A curated list of recent headlines relevant to real estate in Canada or locally, with short excerpts. Click each headline link to read the full article on the source site.

From where the deals are to where prices dropped most, 5 key things to know about the spring real estate market ]
"Spring is traditionally when Canada’s housing market shifts into high gear. But this year it’s idling, despite four consecutive years of price reductions nationally. Home sales held essentially flat in March and listings remain subdued according to the Canadian Real Estate Association (CREA). At the same time, new data from real estate company Royal LePage show conditions diverging sharply across regions with certain markets still seeing price growth while others remain under pressure."

Where Canada's condo market is headed: FP Video ]
"FP Video puts real estate in focus this week with an investment manager’s take on the best buys in REITs and an update from Urbanation on Canada’s crumbling condo market. Trade lawyer Mark Warner fills us in on the latest in Canada, U.S. trade negotiations."

Rate cuts seen as more likely next move for Bank of Canada: TD ]
"Just as inflation and interest rates began to settle, trade tensions with Canada’s largest trading partner resurfaced. Now, higher fuel prices driven by conflict in the Middle East are fuelling renewed inflation concerns, while the growing impact of AI is casting a shadow over the labour market."

Mortgage debt rising fastest among Canadians nearing retirement, data show ]
"Canadians nearing retirement are taking on more mortgage debt, with those aged 55 to 64 posting the fastest growth in 2025. Statistics Canada data show mortgage balances for that group rose about 6% year-over-year, as many tap home equity to fund investment purchases or help younger family members enter the housing market."

Monday, 20 April 2026

Market Media Monday - April 20, 2026

A curated list of recent headlines relevant to real estate in Canada or locally, with short excerpts. Click each headline link to read the full article on the source site.

Canadian Real Estate Association downgrades housing market forecast due to 'oil shock' ]
"The Canadian Real Estate Association (CREA) has downgraded its housing market forecast following a jump in fixed mortgage rates and weaker than expected housing sales in the first three months of 2026. CREA had been forecasting higher sales based on the idea that pent-up demand would emerge, especially from first-time buyers. But in the second half of March, inflation caused by a spike in oil prices raised the odds of a Bank of Canada rate hike, which raised bond yields and caused a jump in fixed mortgage rates."

Commercial real estate market at turning point as vacancies drop: report ]
"Canada’s commercial real estate sector could be at a turning point after the national vacancy rates for both office and industrial properties simultaneously declined for the first time since 2020, a new analysis has found."

First-time homebuyers have returned to the market—with a little help from their parents ]
"First-time homebuyers living in this city depend more on their parents to cover their mortgages and interest payments than ever before, according to a new Bank of Canada report. It found that the percentage of Torontonians who co-signed with a parent is 13.8 per cent, up from 4.1 per cent in 2004."

Fixed or variable? Four experts weigh in as volatility clouds the decision ]
"With two-thirds of homeowners feeling uneasy about their upcoming renewal, and about a third of prospective buyers planning to make a purchase in 2026, according to the TD survey, we reached out to several mortgage experts to ask for their product recommendations. "

Monday, 13 April 2026

Market Media Monday - April 13, 2026

A curated list of recent headlines relevant to real estate in Canada or locally, with short excerpts. Click each headline link to read the full article on the source site.

Why timing the bottom of Canada's roller-coaster real estate market may be harder than you think ]
"Everyone connected to Canada’s housing market is asking the same question as the spring market, historically the busiest time of year, gets underway: Have we hit the bottom? From realtors to economists to lenders to developers — not to mention would-be home buyers and sellers — all are looking for signs of whether the real estate market will finally see a turnaround from declining prices. "

Canada’s housing market outlook gets a downgrade from TD ]
"The past six months of weakness in Canada’s housing market have led to one of the nation’s big banks downgrading its forecast for the rest of the year. TD Economics released a revised housing market outlook at the end of March, updating its original predictions for 2026, which were released in December."

These forces could push up Canada's home prices later this year: FP Video ]
"This week FP video looks at the chance of real estate prices escalating in the second half of the year, the impact of oil market volatility on the agriculture sector, why the geopolitical tension has been good news for Canadian bonds, and why investment managers are optimistic about this earnings season."

Toronto real estate market finally showing signs of life but prices are still sliding ]
"Toronto's real estate market showed a split picture last month as sales increased for the first time in several months while prices continued to fall, according to the latest report from the Toronto Regional Real Estate Board (TRREB)."

Mortgage rates are rising: why breaking your mortgage could cost more ]
"Government of Canada 5-year bond yields have been rising since the start of the war in Iran, pushing fixed mortgage rates higher — but posted rates have not always moved in step."