The age-old debate—should you rent for life or take the plunge into homeownership?—continues to divide financial experts and everyday Canadians. Here’s what the latest perspectives reveal:

The Case for Renting

Alex Avery, author of The Wealthy Renter, argues that renting isn’t a bad deal at all. Even though rents have risen, he says renting still comes with lower risks and often costs less than owning when you factor in all the hidden expenses of homeownership.

• Lower upfront costs: No need for a hefty down payment.

• Fewer surprises: No property taxes, repair bills, or maintenance headaches.

• More flexibility: Easier to relocate for work, lifestyle, or family reasons.

• Investment alternatives: Renters can put money into RRSPs, TFSAs, or ETFs instead of relying on a home’s value for wealth.

Avery cautions against viewing homeownership as an automatic wealth-builder, reminding people that property values don’t always rise, and tying up money in a home may limit other investment opportunities.

The Case for Buying

On the flip side, Vancouver REALTOR® Owen Bigland highlights the long-term financial benefits of buying. His calculations show that a lifetime renter could easily spend over $1.3M in rent by age 65—with nothing to show for it.

• Equity-building: Every mortgage payment chips away at debt and grows ownership.

• Retirement security: A mortgage-free home later in life offers financial stability.

• Collateral benefits: Home equity can be borrowed against if needed, often at lower interest rates.

• Tax advantages: The principal residence exemption shields gains from capital gains tax.

Sebastien Betermier, a McGill professor, adds that while owning carries risks too, homes often make up the largest portion of a family’s wealth—and can serve as both shelter and a savings plan.

The Bottom Line

Renting = flexibility and lower risk.
Buying = long-term stability and equity growth.

The right choice depends on your personal goals, savings discipline, and stage of life. Renting may be smart if you’re moving often or don’t want the responsibilities of homeownership. Buying, however, could be your ticket to wealth-building if you’re ready to commit to one place for the long term.

Buying vs. Renting for Life: The Pros and ConsBuying vs. Renting for Life: The Pros and Cons

The age-old debate—should you rent for life or take the plunge into homeownership?—continues to divide financial experts and everyday Canadians. Here’s what the latest perspectives reveal:

The Case for Renting

Alex Avery, author of The Wealthy Renter, argues that renting isn’t a bad deal at all. Even though rents have risen, he says renting still comes with lower risks and often costs less than owning when you factor in all the hidden expenses of homeownership.

• Lower upfront costs: No need for a hefty down payment.

• Fewer surprises: No property taxes, repair bills, or maintenance headaches.

• More flexibility: Easier to relocate for work, lifestyle, or family reasons.

• Investment alternatives: Renters can put money into RRSPs, TFSAs, or ETFs instead of relying on a home’s value for wealth.

Avery cautions against viewing homeownership as an automatic wealth-builder, reminding people that property values don’t always rise, and tying up money in a home may limit other investment opportunities.

The Case for Buying

On the flip side, Vancouver REALTOR® Owen Bigland highlights the long-term financial benefits of buying. His calculations show that a lifetime renter could easily spend over $1.3M in rent by age 65—with nothing to show for it.

• Equity-building: Every mortgage payment chips away at debt and grows ownership.

• Retirement security: A mortgage-free home later in life offers financial stability.

• Collateral benefits: Home equity can be borrowed against if needed, often at lower interest rates.

• Tax advantages: The principal residence exemption shields gains from capital gains tax.

Sebastien Betermier, a McGill professor, adds that while owning carries risks too, homes often make up the largest portion of a family’s wealth—and can serve as both shelter and a savings plan.

The Bottom Line

Renting = flexibility and lower risk.
Buying = long-term stability and equity growth.

The right choice depends on your personal goals, savings discipline, and stage of life. Renting may be smart if you’re moving often or don’t want the responsibilities of homeownership. Buying, however, could be your ticket to wealth-building if you’re ready to commit to one place for the long term.

Canada’s inflation rate cooled to 1.7% in July, down from 1.9% in June—thanks largely to falling gas prices after the federal carbon tax was removed. But while that sounds like good news, the picture is more complicated when you dig into the details.

📊 The Inflation Breakdown

• Gas prices: Dropped 16.1% (the main driver of the overall decline).

• Excluding gas: Inflation still sat at 2.5%.

• Shelter costs: Up 3.0% year-over-year, with rent climbing 5.1% and mortgage interest costs still nearly 5% higher.

• Food prices: Coffee jumped 28.6%, cocoa rose 11.8%, and fresh fruit climbed 3.9%.

The Bank of Canada’s preferred inflation measures (CPI-trim and CPI-median) are steady at 3.0% and 3.1%—but the three-month trend has eased to its lowest point since 2024.

🏦 What This Means for Interest Rates

Economists are split on whether this cooling trend is enough to push the Bank of Canada toward another rate cut in September:

• CIBC: Says a September cut is “more possible” now that inflation is softening.

• BMO: Thinks we’d need even weaker inflation and slower job numbers before the Bank moves.

• RBC: Believes the Bank may already be done with cuts this cycle.

• National Bank: Says another cut might only come if unemployment worsens.

⚖️ So, What’s the Verdict?

Right now, it’s a toss-up. While softer inflation opens the door to a possible 25-basis-point cut, stubbornly high food and shelter costs may keep the Bank on the sidelines. September 17th is the date to watch.

📌 The Bottom Line
Even if rates hold steady, we’re still in a better position than earlier this year when inflation and borrowing costs were climbing. For buyers, stability itself is a win—it means more predictability in planning your purchase.

Thinking about buying or selling in Waterloo Region? Let’s talk about how today’s numbers impact your next move.

📲 Charlotte: 519-575-1804

The Canadian housing market isn’t in full “boom mode,” but after months of economic jitters, it’s showing signs of stability—and that’s good news for both buyers and sellers.

When U.S. tariffs first hit earlier this year, many feared a housing crash alongside job losses and higher inflation. But so far, the impact has been softer than expected. Canada’s countermeasures and exemptions under CUSMA (the Canada-US-Mexico trade deal) have helped blunt the blow, and inflation is actually easing. That even raises the possibility of the Bank of Canada trimming interest rates in the near future.

🏡 What’s Happening in Real Estate

• National home sales are inching up: July marked the fourth straight month of recovery, though the rebound looks different across regions.

• Rates are steady (for now): The Bank of Canada has held firm on its last three decisions, but fixed rates haven’t fallen much due to rising bond yields.

• Borrowing remains tight: Many buyers still struggle to qualify with traditional lenders, which has fueled growth in the alternative lending space.

🌍 The Trade Wildcard

The elephant in the room? U.S.–Canada trade tensions. Negotiations are ongoing, and while a full-blown trade war hasn’t materialized, uncertainty is still weighing on long-term confidence. Any surprise escalation could slow (or even reverse) the housing recovery.

🌟 Why There’s Still Optimism

Industry leaders are calling this a market of “cautious optimism.” Activity is picking up, refinancing and renewals remain strong, and alternative lenders are stepping up where banks can’t. For disciplined, well-prepared buyers, there are still opportunities.

📌 The Bottom Line
Canada’s housing market is slowly regaining balance. It’s not a seller’s frenzy or a buyer’s paradise—it’s a market that rewards preparation, flexibility, and smart strategy.

If you’re thinking about buying or selling in Waterloo Region, now is the time to plan your move with the right guidance. Let’s talk about how to position you for success in today’s shifting market.

📲 Charlotte: 519-575-1804

GTA Real Estate Market Update: What It Means for Waterloo Region

The GTA market is officially picking up steam again. July clocked in at 6,100 homes sold—up almost 11% from last year, making it the busiest July since 2021. But despite more activity, prices are still sliding. The average home price sat at $1,051,719, down 5.5% year-over-year.

July 2025 Snapshot

• 📈 Sales: 6,100 homes (+10.9% YoY)

• 🏡 New Listings: 17,613 (+5.7% YoY)

• 💰 Average Price: $1,051,719 (–5.5% YoY)

• ⏳ Days on Market: 30

Detached homes outside Toronto are holding steadier with smaller price dips, while Toronto condos are taking the biggest hit (down nearly 10% YoY). The Bank of Canada held its rate at 5.0% and fixed mortgage rates nudged lower, giving buyers more breathing room.

What This Means in the GTA

• Buyers: More choice, less pressure, and the chance to negotiate—but the well-priced homes still move quickly.

• Sellers: Buyers are back, but they expect value. Overpriced or under-prepped homes are sitting, while clean, sharp listings are getting snapped up.

• Investors: Detached homes in the 905 look stronger than downtown condos when it comes to long-term value and rental potential.

Why Waterloo Region Should Care

The GTA market always has a ripple effect on us here in Waterloo Region. When Toronto heats up—even modestly—we tend to see:

1. More spillover buyers: GTA buyers priced out of detached homes in Toronto often look westward. That can drive demand in KW, Cambridge, and surrounding towns.

2. Condos vs. Freehold shift: With Toronto condos softening, some investors will look to mid-sized cities like ours where freeholds (and even townhomes) still offer stronger rental upside.

3. Price pressure easing here too: Like the GTA, we’re seeing buyers take a breath. Homes priced realistically are moving; those that overshoot are sitting longer. Expect strategy—not luck—to dictate results.

4. A more balanced fall market: If rates come down this fall, activity here could mirror what we’re seeing in Toronto—more deals, more competition, but still with opportunities for smart buyers and sellers.

👉 Bottom line: GTA momentum signals that real estate isn’t slowing down—just shifting. Waterloo Region will likely feel those ripple effects in the months ahead. If you’re thinking of buying, selling, or investing locally, now’s the time to get strategic.

Let’s plan your move with confidence.
📲 Charlotte: 519-575-1804

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Inflation Cools — What It Could Mean for Your Mortgage

Big news this week: Canada’s annual inflation rate cooled to 1.7% in July, down from 1.9% the month before. The main driver? A steep drop in gas prices (down 16.1% compared to last year 🚗⛽).

Why does this matter for you? Because when inflation cools, the Bank of Canada has more wiggle room to consider cutting interest rates. Their next big decision is coming up on September 17, and this new data could push them closer to lowering rates.

The Good, the Not-So-Good

• ✅ Good news: Inflation is falling faster than economists expected. That’s a positive sign for anyone hoping for more affordable borrowing costs.

• ⚠️ Trickier news: Housing costs are still climbing. Rents rose 5.1%, mortgage interest costs went up 4.8%, and property taxes are also up. So while overall inflation is down, the cost of keeping a roof over your head continues to put pressure on families.

What’s Next?

The Bank of Canada is watching a whole batch of reports (jobs, GDP, and another inflation update) before their September decision. They almost cut rates at their last meeting but held off. This new data may make them more confident to pull the trigger.

What This Means for You

If you’ve got a mortgage coming up for renewal, or you’re a first-time buyer watching the market, this is a key moment to pay attention. Even a small rate cut could:

• Lower your monthly payments 💸

• Make qualifying for a mortgage a little easier 🏡

• Open up opportunities to refinance and free up cash flow

👉 Bottom line: We’re not in rate-cut land just yet, but the path is looking clearer. If you’re wondering how a potential cut (or today’s rates) impact your mortgage plans, let’s talk.

Your mortgage, but smarter. 💬
— Charlotte Ferguson, Mortgage Agent Level 2

Neighbourhood Spotlight: Laurelwood in Waterloo

If you’ve been asking, “Where’s the best place to raise a family in Waterloo?” — Laurelwood is almost always on the shortlist. This award-winning neighbourhood blends top-rated schools, endless green space, and family-friendly amenities, making it one of the most desirable communities in the entire Region.

Let’s take a closer look at what makes Laurelwood such a hot spot for buyers and why it might be the perfect place for your next move.

1. Schools That Make the Grade

One of the biggest draws for families is the incredible school catchment. Laurelwood Public School and Sir John A. Macdonald Secondary are consistently ranked among the best in Ontario. Parents moving to Waterloo often search specifically for homes within this boundary.

💡 Pro Tip: Homes zoned for top schools can hold their value better in shifting markets — meaning your investment works harder for you.

2. Parks, Trails, and the Great Outdoors

Laurelwood backs onto Laurel Creek Conservation Area, giving residents direct access to hiking, canoeing, fishing, and birdwatching. Add in the community’s smaller parks, playgrounds, and soccer fields, and it’s a dream for families who love the outdoors.

Imagine finishing dinner, grabbing the kids, and heading out for an evening walk through leafy trails — that’s Laurelwood living.

3. Housing Styles and Price Points

The neighbourhood offers a mix of housing types, from modern detached homes to townhouses and stylish newer builds.

• Detached Homes: $950K–$1.3M+

• Townhomes: $750K–$900K

• Condos: Occasionally available, starting around $600K

While prices here are higher than some other Waterloo neighbourhoods, the demand shows just how valuable the location is.

4. Amenities at Your Doorstep

• The Boardwalk: A short drive away, with shopping, restaurants, and medical facilities.

• Waterloo Public Library – John M. Harper Branch: A local favourite for families.

• Recreation: Sports fields, community centres, and quick access to fitness facilities.

5. Community Vibe

Laurelwood is more than just good schools and pretty houses. There’s a strong sense of community — block parties, active parent groups, and plenty of kid-friendly activities. It’s the kind of place where neighbours know each other, and kids can still ride bikes safely down the street.

Why Buyers Choose Laurelwood

• Top-ranked schools

• Easy access to trails and nature

• Family-friendly vibe

• Strong property values

• Proximity to tech hubs and universities

For families looking to balance lifestyle with investment value, Laurelwood checks every box.

📲 Want to explore homes for sale in Laurelwood? Call Charlotte at 519-575-1804 today. She’ll help you find the perfect fit in one of Waterloo’s most sought-after neighbourhoods.

Central bank releases summary of deliberations as markets closely watch for clues on future cuts

By Jonalyn Cueto

14 Aug. 2025

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Newly released deliberations from the Bank of Canada (BoC) reveal that policymakers debated last month whether the central bank’s benchmark interest rate is already low enough to help the economy withstand escalating US tariffs.

The summary of discussions, published Wednesday, covers the lead-up to the BoC’s July 30 decision to keep its policy rate at 2.75%. According to the documents, some members of the governing council questioned if previous rate cuts – seven in a row from June 2024 to March 2025 – had already provided “sufficient support” to guide the economy through its current trade challenges.

Governor Tiff Macklem told reporters after the decision that the bank remains “ready to respond to new information,” particularly developments in Canada-US trade.

Impact of US tariffs still emerging

The rate decision came days before US president Donald Trump increased base tariffs on Canadian goods to 35%, exempting products compliant with the Canada-United States-Mexico Agreement (CUSMA).

While early indicators pointed to resilience – including steady household spending and business investment in the first quarter – BoC members warned that much of the strength was due to companies and exporters moving purchases forward to avoid tariff costs, a temporary effect.

“Given the lagged effects of monetary policy, there was a risk that further easing might take effect only as demand was recovering, which could add to price pressures,” the deliberations state.

Inflation pressures “modest so far”

The bank said it does not expect a sharp rise in inflation directly from US tariffs. Early price effects have been “modest,” though risks remain elevated as businesses adapt supply chains and potentially pass on higher costs.

Deliberations from June 4 show the council was already grappling with a complex economic picture: a Canadian dollar up 4%, a cooling labour market – especially in trade-sensitive industries – and inflationary pressures in services and goods. At that time, core inflation was running above 3%, with members debating whether the increase reflected one-off factors or persistent cost pressures.

September decision looms

The BoC will receive July and August inflation figures before its next rate announcement on September 17.

Some forecasters expect no further rate cuts this year, while others argue that additional easing may be warranted if labour market weakness deepens and inflation remains contained.

For now, the central bank says it will proceed cautiously – balancing the need to support growth with its mandate to keep prices stable.

🔎 Blog Summary from our own @mortgagewithchar

The Bank of Canada debated cutting rates in July but ultimately held steady at 2.75%. Policymakers felt seven prior cuts since mid-2024 may already be providing enough support, especially as the economy adjusts to new US tariffs.

Key takeaways:

• US tariffs: Recently increased to 35% on some Canadian goods, creating uncertainty.

• Economic signals: Household spending and business investment look steady but may be temporarily inflated by companies rushing purchases ahead of tariffs.

• Inflation: Still modest overall, though service and goods prices are showing pressure.

• Labour market: Weakening, particularly in trade-sensitive industries.

• What’s next: The BoC is watching July and August inflation data closely. Next rate decision lands September 17.

Bottom line: The BoC is cautious. No guarantee of more cuts, but they’re keeping the door open depending on how inflation and jobs hold up.  

If you’re moving, you’ve probably asked: should I buy first or sell first? The answer depends on your budget, risk tolerance, and local market conditions.

Buying First — Pros

• More time to find your dream home.

• Seamless move without interim housing.

Buying First — Cons

• Risk of paying two mortgages.

• Pressure to sell quickly after buying.

Selling First — Pros

• You know exactly what you can afford.

• No risk of double mortgages.

Selling First — Cons

• May need temporary housing.

• Limited time to find your next home.

The Middle Ground: Bridge Financing

This short-term loan lets you buy before selling, giving you breathing room.

Final Word:
Your move should work around your life — not the other way around. Let’s chat about the option that makes the most sense for you.

Top 10 Staging Tips to Sell Your Home for More

Selling your home isn’t just about square footage — it’s about how it feels to buyers. Here’s how to make your home shine.

1. Declutter Like You’re Moving Tomorrow

If you’re not using it daily, pack it up. Bonus: you’ll be ahead for moving day.

2. Light It Up

Natural light is your best friend. Open blinds, swap heavy drapes for sheer ones, and turn on lamps.

3. Go Neutral (But Not Boring)

Think soft whites, beiges, or greys — then add pops of colour with pillows or art.

4. Create a Focal Point

A fireplace, a piece of art, or a statement light fixture can make a room memorable.

5. Add Greenery

Plants and fresh flowers add instant life.

6. Refresh the Front Entrance

This is your first impression — make it count with a tidy porch and a fresh welcome mat.

7. Make the Bedroom Feel Like a Hotel

Crisp bedding, fluffed pillows, and clutter-free nightstands.

8. Edit Furniture

Less is more. Remove oversized or extra pieces to make rooms feel bigger.

9. Show Off Storage

Neatly organized closets say “plenty of space!”

10. Subtle Scents

Fresh-baked cookies are cliché for a reason — it works.

Final Word:
With the right staging, you’re not just selling a house — you’re selling a lifestyle. And yes, I can help you pull it all together.

Ah, fall in Waterloo Region. The leaves change, pumpkin spice takes over every coffee shop, and sellers start asking one question: “Should I list my home now or wait until spring?”

Here’s the truth — fall can be an incredible time to sell, especially if you know how to make your home shine in cooler weather. With the right prep, your listing can grab attention, sell quickly, and maybe even spark a friendly neighbourhood bidding war.

This guide walks you through the must-do’s for getting your home market-ready this season.

1. Boost Your Fall Curb Appeal

First impressions are everything. In fall, your yard can either say “cozy and inviting” or “we stopped trying after Labour Day.”

• Clear the leaves regularly so your lawn looks neat in listing photos.

• Add fall planters with mums, ornamental kale, or small pumpkins for a warm vibe.

• Power wash the front steps and walkway to remove dirt and stains.

• Check exterior lighting — shorter days mean more showings after dark.

💡 Pro tip: A new doormat is a small investment that screams “Welcome home” in every showing.

2. Light It Up Inside

Fall’s shorter days mean less natural light for buyers touring your home.

• Use higher-wattage bulbs in main living areas.

• Add lamps to dark corners for a warm, inviting glow.

• Open blinds and curtains for maximum daylight during showings.

3. Create a Cozy Atmosphere

Buyers want to feel at home, and fall is perfect for leaning into that cozy vibe.

• Throw blankets on sofas or chairs in neutral tones.

• Lightly scented candles in cinnamon or vanilla (nothing overpowering).

• Seasonal décor in moderation — think tasteful, not Halloween haunted house.

4. Handle Seasonal Maintenance Now

A home inspection will catch these issues, so get ahead of them:

• Clean gutters to prevent water damage.

• Service the furnace and replace filters.

• Check caulking around windows and doors for drafts.

• Inspect the roof for missing shingles or damage after summer storms.

5. Stage for the Season

Fall staging is all about warmth and comfort:

• Swap bright summer pillows for warm-toned textiles like rust, mustard, or deep green.

• Use area rugs to make large rooms feel more intimate.

• Showcase multi-use spaces (that spare room can be staged as a cozy reading nook).

6. Professional Photography Is a Must

Fall light is beautiful but tricky — professional photographers know how to capture it. The right angles, lighting, and editing can make your home stand out even more against vibrant autumn backdrops.

Why Selling in Fall Works in Waterloo Region

• Motivated buyers: Many are eager to close before year-end.

• Less competition: Fewer listings mean yours can shine brighter.

• Beautiful backdrops: Autumn colours make for stunning photos and showings.

📲 Thinking of selling this fall? Let’s create your personalized sale strategy. Call Charlotte at 519-575-1804, and let’s get your home market-ready.

Your offer’s been accepted — cue the happy dance! 🎉 But between now and move-in day, there are still a few important steps. Let’s break it down.

1. Deposit & Paperwork

Once your offer is accepted, you’ll submit your deposit (usually within 24 hours) and your REALTOR® will make sure all paperwork is signed, sealed, and delivered.

2. Home Inspection

If your offer included an inspection, this is when you’ll bring in the pros to double-check for any hidden issues.

3. Finalizing Your Mortgage

Your lender will review the property details, your paperwork, and your financials to give the final thumbs-up.

4. Lawyer’s Work

Your lawyer will handle the title search, prepare documents, and make sure everything is ready for closing day.

5. Closing Day

Funds are transferred, the deed is registered, and you get the keys. Sometimes this happens mid-day, sometimes at 5 PM — it’s all part of the process.

Final Word:
The process can feel overwhelming, but I’ll be there for every call, every update, and every “what does this mean?” moment — all the way to your new front door.