Why Now Might Be the Best Time for Baby Boomers to Cash Out and Enjoy Life After a long stretch of uncertainty in Canada’s housing market, a recent report by RBC is offering a glimmer of hope. In several regions across the country — including Toronto, Ottawa, Calgary, and Montreal — real estate activity is starting to stir again. It’s not a frenzy, but it’s movement. And for many baby boomers sitting on decades of home equity, that’s the sign they’ve... [read more]

Analyzing the Liberal Government's Housing Initiatives through the lens of Baby Boomers in the GTA and Hamilton region—especially those looking to downsize from large detached homes into smaller bungalows or condos—reveals both opportunities and concerns about the Liberal government’s newly announced housing plan under PM Mark Carney. Here’s a breakdown: 🔍 Key Context for Boomers Baby Boomers (born ~1946–1964) in the GTA and Hamilton are sitting on... [read more]

With affordability challenges reaching new heights, homeownership is becoming increasingly out of reach for younger Canadians. In fact, a recent survey by CPA Canada and BDO Debt Solutions shows that 32% of prospective buyers cite saving for a down payment as their biggest obstacle, while 30% point to high mortgage payments as their primary barrier. In booming markets like Hamilton, Burlington, Oakville, and the rest of the GTA, those numbers are likely even higher. And while much of the... [read more]