Mandeep Toor's blog

By : Daniel Foch

In a shift that could reshape Canada’s housing market, the Office of the Superintendent of Financial Institutions (OSFI) is considering replacing the controversial mortgage stress test with a new portfolio-level approach to risk management. 

This potential change marks a fundamental transformation in how Canada regulates mortgage lending, moving from individual borrower qualification to institutional portfolio management.

In retrospect, while the stress test appears to have achieved its initial objective of protecting Canada’s financial system during the period of low...

By : Daniel Foch

It seems Canada’s resilient housing market is finally meeting a storm it can’t immediately weather. In CREA’s February 2025 data, we saw home sales plunge dramatically—almost as if the market collectively paused to reflect. 

Is this surprising? Not really. It’s a reaction many predicted as the trade war with the United States continues to escalate, throwing economic certainties into question. We’ve been talking about this since Trump’s election victory in November.

Canadian homebuyers: Wait-and-see or panic mode?

A nearly 10 per cent drop in home sales...

The Current State of the Real Estate Market in Brampton, Ontario
Written by Mandeep Toor, OMAXE REAL ESTATE INC.

The real estate market in Brampton, Ontario, continues to be a dynamic and evolving landscape in 2025. As a trusted real estate professional with OMAXE REAL ESTATE INC., I’ve been closely monitoring the trends, challenges, and opportunities that define this vibrant city’s housing market. Whether you’re a first-time homebuyer, an investor, or a seller, understanding the current market conditions is crucial to making informed decisions.

Market Overview

Brampton’s real estate...

I think January 2025’s supply story is one of those data points. This could be the biggest year-over-year jump up in new listings we’ve ever seen, and the majority of it was driven by condos. In 2024, we started with 6,300 active condo listings and almost hit 12,000. In 2025, we started with 8,500 active condo listings and could hit 15,000, should historic growth trends hold.

Source: TRREB/TheHabistat.com 

I will caveat that the Toronto Regional Real Estate Board added a few new local boards, so I’m still trying to see if that’s had an impact on the data, but based on the fact that...

By Mandeep Toor, OMAXE Real Estate Inc.
By OMAXE Real Estate Inc.

As Canada enters 2025, optimism is brewing within the real estate sector. Lower borrowing costs and improving economic conditions are setting the stage for a revitalized investment cycle, particularly in the commercial and residential property markets. Analysts predict this shift will signal new opportunities for investors, homeowners, and industry stakeholders alike.

Renewed Investor Confidence

Industry experts have observed a marked shift in investor sentiment due to declining inflation and interest rates. After a...

Discovering unexpected creatures in your toilet can be both startling and unsettling. Various animals, including rats, snakes, lizards, spiders, opossums, frogs, and bats, have been known to find their way into homes through plumbing systems. Understanding how this occurs and implementing preventive measures can help maintain a critter-free bathroom.

Common Intruders and Their Entry Methods
 1. Rats: Rats are adept swimmers and can navigate sewer systems, eventually emerging through household toilets. They are attracted by food remnants in the sewage and can squeeze through surprisingly...

The Canadian real estate market is no longer confined by borders. Thanks to platforms like REALTOR.ca, international buyers and investors from countries like the United States , China , India , and Germany are actively browsing listings. This presents a tremendous opportunity for REALTORS® like myself to expand our reach and connect with a wider audience.

REALTOR.ca: A Bridge Between You and Global Clients

REALTOR.ca recognizes this shift and actively helps connect Canadian real estate professionals with these international buyers. They provide valuable resources and tools to navigate...

Brampton and Caledon, ON - The Brampton and Caledon housing market is gearing up for a significant spring surge in 2025, with activity anticipated to increase as early as March. This upward trend is attributed to several key factors, including stabilizing interest rates, increased buyer activity, and a potential surge in inventory.

Mortgage Renewals May Prompt Downsizing: According to Mandeep Toor of OMAXE Real Estate Inc., a significant number of homeowners are approaching mortgage renewals, which may prompt some to consider downsizing their homes. This could lead to an increase in...

A Mixed Outlook for the Housing Market

The Bank of Canada’s latest rate cut to 3.25% is widely seen as a potential catalyst for increased housing market activity. By reducing borrowing costs, the move aims to ease affordability pressures and encourage buyer demand, particularly in suburban areas where prices remain more accessible. Analysts expect the rate cut to narrow the gap between buyers and sellers, sparking a long-awaited recovery in transaction volumes and development activity.

However, this optimism comes with caveats. The rate cut could intensify competition, driving up home...

While variable-rate mortgages may look enticing amid rate cuts and optimistic market projections, they carry significant risks for borrowers. The future of rates is uncertain, influenced by inflation trends, policy shifts, and economic shocks that could arise on either side of the border.

Borrowers embracing variable rates need to consider the possibility of a reversal in the current rate trajectory. Higher rates could lead to difficult financial decisions, such as locking into less competitive fixed rates or facing increased payments. To mitigate risk, those venturing into variable rates...