RSS

What Canada’s 2025 Election Means for Housing: A Realtor’s Perspective

*Last Updated April 1st 2025

As we approach the 2025 federal election, housing affordability and supply remain key issues for Canadians. With demand outpacing supply in many markets, homebuyers, sellers, and investors are looking to political leaders for solutions. Each major party has put forward policies aimed at addressing housing challenges, and as a real estate professional, I want to break them down in a straightforward, unbiased way.

Liberal Party of Canada

Under the leadership of Prime Minister Mark Carney, the Liberals' Canada’s Housing Action Plan focuses on increasing supply and affordability by:

  • Doubling home construction with 500,000 homes a year. Using the model similar to that after WWII with affordable, modular and efficient homes. 

  • Cutting red tape to speed up home construction and repurposing federal lands for housing. (New Policy)

  • Developing a Home Buyers’ Bill of Rights to increase transparency in the purchasing process. (New Policy)

  • Removing the GST from new rental housing projects to encourage development. (Continued Policy)

  • Supporting first-time homebuyers with a Tax-Free First-Home Savings Account and a doubled First-Time Home Buyers’ Tax Credit. (Continued Policy)

  • Introducing a two-year ban on foreign home purchases and an anti-flipping tax on properties sold within 12 months. (Continued Policy)

  • [Source: Liberal Party of Canada](https://liberal.ca)

Conservative Party of Canada

Led by Pierre Poilievre, the Conservatives emphasize increasing housing supply through:

  • Incentivizing municipalities to boost homebuilding by 15% annually or risk losing federal funding.

  • Selling 15% of federal buildings to be repurposed as housing.

  • Eliminating the GST on new homes priced under $1 million.

  • Introducing longer mortgage terms (seven to ten years) and reviewing mortgage stress tests to ease affordability.

  • Maintaining a two-year foreign buyer ban.

  • [Source: Conservative Party of Canada](https://conservative.ca)

New Democratic Party (NDP)

Under Jagmeet Singh, the NDP’s approach centers on affordability and renter protections, including:

  • Implementing a 20% tax on home sales to non-Canadian citizens and non-permanent residents to curb speculation.

  • Doubling the Home Buyers’ Tax Credit to help with closing costs.

  • Reintroducing 30-year mortgage terms for CMHC-insured entry-level homes to lower monthly payments.

  • Waiving the federal GST/HST on new affordable rental units.

  • Building 500,000 affordable housing units over ten years, with half completed within five years.

  • [Source: New Democratic Party of Canada](https://ndp.ca)

Green Party of Canada

Under co-leaders Elizabeth May and Jonathan Pedneault, the Greens propose structural changes to prioritize affordable and sustainable housing by:

  • Refocusing CMHC on affordable, non-market, and cooperative housing solutions.

  • Restoring tax incentives for purpose-built rental housing and encouraging community land trusts.

  • Launching a Canada Co-op Housing Strategy with CMHC.

  • Increasing funding for new builds and rental assistance.

  • Creating a dedicated Minister of Housing to tailor national strategies to local needs.

  • [Source: Green Party of Canada](https://greenparty.ca)

What This Means for Homebuyers and Sellers

Regardless of the election outcome, housing policy will continue to evolve. Buyers may see shifts in affordability programs, incentives, and mortgage regulations, while sellers should stay informed about market trends driven by new supply and demand policies. Investors should pay close attention to tax changes and foreign ownership rules.

As always, real estate is local, and national policies often play out differently across provinces and cities. If you have questions about how these potential changes could impact you, feel free to reach out!

Get out and vote!

Read

New property listed in Paris

I have listed a new property at 14 CARDINAL Lane in Paris. See details here

Welcome to this stunning Terra View model home, tucked away on a quiet street in Paris, offering the perfect blend of function, comfort, and style. This beautifully maintained 3-bedroom, 3-bathroom bungalow features an inviting covered front porch and offers an open-concept layout, ideal for both everyday living and entertaining. The main level boasts 9' ceilings, creating an airy and spacious feel throughout. Natural light fills the home, enhanced by California shutters on the main floor, providing privacy while keeping the space bright and welcoming. Elegant crown moulding adds a refined touch across the main level and in the rec room, elevating the home’s character. The kitchen showcases granite countertops, stainless steel appliances, and ample cabinet space, flowing seamlessly into the living and dining areas. A gas fireplace in the main-floor living room creates a cozy, inviting ambiance. The primary bedroom offers a private retreat with a spacious walk-in closet and a spa-like ensuite featuring a large soaker tub. Outside, enjoy the covered back porch, perfect for relaxing or entertaining. The extra-wide, fully fenced backyard is beautifully landscaped, offering plenty of space for kids and pets to play, with an irrigation system to keep the lawn lush. This home is nestled in a peaceful neighbourhood, providing a serene escape while still being close to schools, parks, and amenities. The finished basement is a highlight, featuring large windows, 8 ft ceilings, and a spacious rec room with a feature wall and an electric fireplace, creating a warm, cozy atmosphere perfect for family gatherings or movie nights. This home is packed with upgraded features, including triple-pane windows for energy efficiency and newer systems for peace of mind: furnace (2018), air conditioning (2018), hot water tank (rental - 2022), and a roof (2015) with 40-year shingles. The double car garage provides ample parking and storage. Call to view this beautiful home. (id:2493)

Read

Open House. Open House on Sunday, March 9, 2025 2:00PM - 4:00PM

Please visit our Open House at 15 CARDINAL Lane in Paris. See details here

Open House on Sunday, March 9, 2025 2:00PM - 4:00PM

Welcome to this beautiful, family-friendly home in the sought-after Grandville Neighborhood of Paris! Situated on a spacious corner lot, this home is just a short walk to schools, parks, and shops, with easy access to Hwy 403. Inside, soaring 16-foot ceilings and large windows flood the main living area with natural light, highlighting the gas fireplace. The separate dining room and eat-in kitchen offer plenty of space for family meals and entertaining. Step outside to a professionally landscaped yard with a low-maintenance perennial garden. The large 22ft x 18ft patio deck provides ample seating, an electric awning with LED lights, and a fully fenced backyard with extra storage. The front yard sprinklers can be expanded to the back. The 2-car garage offers inside entry to the main floor mudroom (could turned back into a laundry room) and kitchen. Upstairs, the private primary suite features a 4-piece ensuite, with two additional bedrooms and a full bath. An open staircase overlooks the main living space, enhancing the home’s airy feel. The fully finished lower level is perfect for entertaining, featuring a rec room, built-in bar, and a 2-piece bath (with rough-in for a shower). This move-in-ready home blends comfort, style, and convenience in a fantastic location. Don’t miss this opportunity—schedule your viewing today! (id:2493)

Read

New property listed in Paris

I have listed a new property at 104 OAK Avenue in Paris. See details here

Prime North Paris Location! This exceptional 4-bedroom, 3.5 bathroom OR 5 Bedroom 3 Bathroom 2-story home combines modern comfort with thoughtful design. The open-concept main floor features a spacious living, dining, and kitchen area, perfect for entertaining, along with a convenient main floor office for work or study. Upstairs, the primary bedroom offers a luxurious ensuite and walk-in closet, while the four additional bedrooms and second-floor laundry provide practicality for everyday living. Step outside to enjoy the covered back porch, ideal for relaxing or hosting outdoor gatherings. The finished basement expands the living space with a large rec room, plus an extra bedroom and bathroom—perfect for guests or additional family members. Built by Pinevest Homes, a reputable local builder known for their high-quality craftsmanship, this home reflects attention to detail throughout. You’ll also have the opportunity to work with their in-house designer to personalize finishes to suit your style. Conveniently located near shopping—including groceries, restaurants, the gym—and offering quick access north to Cambridge, KW, and the 401, this home is perfectly situated for both daily living and commuting. (id:2493)

Read

New property listed in Paris

I have listed a new property at 102 OAK Avenue in Paris. See details here

Located in the desirable North Paris area, this future 5-bedroom, 3 full bathroom OR 4 Bedroom, 3.5 Bathroom 2-story home is designed for modern living. With the optional partially finished basement you get even more room including a 6th bedroom and another 4 piece bathroom! Set to be built, the main floor will feature an open-concept layout that seamlessly connects the kitchen, dining, and living spaces—ideal for family gatherings and entertaining. A dedicated main floor office will provide the perfect space for working from home or managing daily tasks. On the second floor, the primary bedroom will include a private ensuite and a walk-in closet, while four additional bedrooms and a convenient second-floor laundry will enhance functionality and comfort. Enjoy outdoor living with a covered back porch, perfect for unwinding after a long day or hosting friends and family. Built by Pinevest Homes, a trusted local builder known for their exceptional attention to quality, this home offers the opportunity to personalize finishes through their in-house design team. Construction starting soon, but theres still time to pick your finishes! Conveniently situated close to shopping—including grocery stores, restaurants, and the gym—and providing quick access north to Cambridge, KW, and the 401, this home promises both comfort and accessibility for modern lifestyles. (id:2493)

Read

New property listed in Paris

I have listed a new property at 300 GRAND RIVER Street North in Paris. See details here

Paris Junction Hobbies – A Thriving Business Ready for New Owners! After 20 successful years, the owners of Paris Junction Hobbies are ready to pass the torch to the next passionate entrepreneur. This well-established hobby shop has built a loyal customer base, with enthusiasts traveling from all over to visit this true destination store. With annual gross sales exceeding $875,000, and some years surpassing $1,000,000, this is a rare opportunity to take over a profitable, turn-key business. The shop offers an extensive range of RC surface and aircraft products, scale models, model railroading supplies, and all the essential tools and parts needed to support the hobby community. Listed at just the current cost of inventory on the floor, this opportunity presents incredible value. Continue operating the business as is, carve out a niche in your favorite specialty, or take it to the next level by expanding its already impressive selection. Don’t wait—businesses like this don’t come around often! (id:2493)

Read

New property listed in Paris

I have listed a new property at 15 CARDINAL Lane in Paris. See details here

Welcome to this beautiful, family-friendly home in the sought-after Grandville Neighborhood of Paris! Situated on a spacious corner lot, this home is just a short walk to schools, parks, and shops, with easy access to Hwy 403. Inside, soaring 16-foot ceilings and large windows flood the main living area with natural light, highlighting the gas fireplace. The separate dining room and eat-in kitchen offer plenty of space for family meals and entertaining. Step outside to a professionally landscaped yard with a low-maintenance perennial garden. The large 22ft x 18ft patio deck provides ample seating, an electric awning with LED lights, and a fully fenced backyard with extra storage. The front yard sprinklers can be expanded to the back. The 2-car garage offers inside entry to the main floor mudroom (could turned back into a laundry room) and kitchen. Upstairs, the private primary suite features a 4-piece ensuite, with two additional bedrooms and a full bath. An open staircase overlooks the main living space, enhancing the home’s airy feel. The fully finished lower level is perfect for entertaining, featuring a rec room, built-in bar, and a 2-piece bath (with rough-in for a shower). This move-in-ready home blends comfort, style, and convenience in a fantastic location. Don’t miss this opportunity—schedule your viewing today! (id:2493)

Read

Open House. Open House on Sunday, February 2, 2025 2:00PM - 4:00PM

Please visit our Open House at 7 FORD Street in Paris. See details here

Open House on Sunday, February 2, 2025 2:00PM - 4:00PM

This stunning 4-bedroom, 3.5-bathroom home is perfectly situated on a premium corner lot in the desirable Paris Riverside community. Offering 3,000 sq ft of bright and airy living space, the Appalachian Model is filled with luxurious upgrades, including 5-inch wide plank engineered hardwood throughout and 9-ft ceilings on the main floor. The open-concept design features a welcoming dining and living area with a cozy gas fireplace and a large picture window overlooking the private backyard with no rear neighbors. The eat-in kitchen boasts upgraded cabinetry, a breakfast bar, and seamless flow into the living space, making it perfect for family gatherings and entertaining. Upstairs, you’ll find a versatile loft, four generously sized bedrooms, and modernized bathrooms, including two with ensuites. The primary suite impresses with a spa-like 5-piece ensuite and an oversized walk-in closet. The full basement offers a walk-out, large windows, and a bathroom rough-in, ready for your personal touch. Additional highlights include a sunken laundry room with inside access to the double car garage. Conveniently located within walking distance to downtown Paris, boutique shops, restaurants, schools, and nature trails, this home offers the perfect balance of luxury, charm, and small-town convenience. (id:2493)

Read

New property listed in Paris

I have listed a new property at 193 KING EDWARD Street in Paris. See details here

Welcome to 193 King Edward Street, Paris, Ontario! This beautiful home offers the perfect mix of country living and city convenience, located just minutes from downtown in the Prettiest Town in Ontario. Sitting on a huge 102 x 478-foot lot that backs right onto Cobblestone School, this property has space for everyone inside and out. Pull into the 10+ car driveway and take in the beautifully landscaped yard, oversized two-car garage, and the welcoming covered front porch. Inside, the open-concept main floor is perfect for family living and entertaining. The family room features hardwood floors, large windows that let in tons of natural light, and a cozy gas fireplace. The kitchen is a showstopper with upgraded cabinets, a 10-foot island, stone countertops, and a big walk-in pantry. The formal dining room is just steps away and has stunning coffered ceilings. The main floor has three bedrooms, including the primary suite with a huge walk-in closet and a spa-like ensuite with a double sink and oversized shower. Two more bedrooms, a full bathroom, a powder room, a laundry room, and a mudroom complete this level. Downstairs, the finished basement offers even more living space, with a big family room, two bedrooms (each with walk-in closets), and a full bathroom. There’s also a separate apartment suite, currently rented for $1,800/month, making it great for extended family or extra income. Step outside to the 28 x 12 covered back porch overlooking the massive backyard with mature trees, perfect for kids, pets, or just relaxing in your own private oasis with a brand new salt water pool professionally installed in 2024. This home truly has it all—space, upgrades, and a location close to everything. Book your showing today and see it for yourself! (id:2493)

Read

New property listed in Paris

I have listed a new property at 7 FORD Street in Paris. See details here

This stunning 4-bedroom, 3.5-bathroom home is perfectly situated on a premium corner lot in the desirable Paris Riverside community. Offering 3,000 sq ft of bright and airy living space, the Appalachian Model is filled with luxurious upgrades, including 5-inch wide plank engineered hardwood throughout and 9-ft ceilings on the main floor. The open-concept design features a welcoming dining and living area with a cozy gas fireplace and a large picture window overlooking the private backyard with no rear neighbors. The eat-in kitchen boasts upgraded cabinetry, a breakfast bar, and seamless flow into the living space, making it perfect for family gatherings and entertaining. Upstairs, you’ll find a versatile loft, four generously sized bedrooms, and modernized bathrooms, including two with ensuites. The primary suite impresses with a spa-like 5-piece ensuite and an oversized walk-in closet. The full basement offers a walk-out, large windows, and a bathroom rough-in, ready for your personal touch. Additional highlights include a sunken laundry room with inside access to the double car garage. Conveniently located within walking distance to downtown Paris, boutique shops, restaurants, schools, and nature trails, this home offers the perfect balance of luxury, charm, and small-town convenience. (id:2493)

Read

Open House. Open House on Saturday, January 11, 2025 2:00PM - 4:00PM

Please visit our Open House at 7 FORD Street in Paris. See details here

Open House on Saturday, January 11, 2025 2:00PM - 4:00PM

This stunning 4-bedroom, 3.5-bathroom home is perfectly situated on a premium corner lot in the desirable Paris Riverside community. Offering 3,000 sq ft of bright and airy living space, the Appalachian Model is filled with luxurious upgrades, including 5-inch wide plank engineered hardwood throughout and 9-ft ceilings on the main floor. The open-concept design features a welcoming dining and living area with a cozy gas fireplace and a large picture window overlooking the private backyard with no rear neighbors. The eat-in kitchen boasts upgraded cabinetry, a breakfast bar, and seamless flow into the living space, making it perfect for family gatherings and entertaining. Upstairs, you’ll find a versatile loft, four generously sized bedrooms, and modernized bathrooms, including two with ensuites. The primary suite impresses with a spa-like 5-piece ensuite and an oversized walk-in closet. The full basement offers a walk-out, large windows, and a bathroom rough-in, ready for your personal touch. Additional highlights include a sunken laundry room with inside access to the double car garage. Conveniently located within walking distance to downtown Paris, boutique shops, restaurants, schools, and nature trails, this home offers the perfect balance of luxury, charm, and small-town convenience. (id:2493)

Read

Open House. Open House on Sunday, December 8, 2024 2:00PM - 4:00PM

Please visit our Open House at 12 MCQUEEN Drive in Paris. See details here

Open House on Sunday, December 8, 2024 2:00PM - 4:00PM

From the street, this bungalow may seem modest, but step inside to discover nearly 3,000 sq. ft. of stunning living space! The open-concept design features a gourmet kitchen with granite countertops, premium finishes, and elegant flooring throughout. The luxurious primary suite offers walk-in closets and a spa-like ensuite, while the finished basement includes a family room, two bedrooms, craft room and spacious laundry room. Outside, the private backyard boasts an in-ground pool with a new liner (Nov 2024), a stamped concrete patio, and low-maintenance landscaping. Conveniently located near schools, trails, and shopping—schedule your showing today and prepare to be amazed! (id:2493)

Read
Categories:   Andrea Clendening | Ayr Real Estate | Bank Of Canada rate announcement | Best real estate agents in Paris | Best real estate agents in Paris Ontario | Brampton Real Estate | Brant County Real Estate | Brant County Real Estate Update | Brantford Real Estate | Brantford Townhomes | Brian Stolp | Burford Real Estate | Burlington Real Estate | Caledonia Real Estate | Callum Thomas | Cambridge Real Estate | Cayuga Real Estate | Common Elements Condominium | Discover Paris Ontario | Downtown Paris Ontario | Fall Home Maintenance | First-time homebuyer tips Ontario | Glen Morris Real Estate | Hagersville Real Estate | Harrisburg Real Estate | Home buying in Canada | Homeowner Tips | How to buy a home in Ontario | HST Rebate | Killarney Real Estate | Kitchener Real Estate | Mississauga Real Estate | Mount Pleasant Real Estate | Norwich Real Estate | Ontario new home rebate | Ontario Real Estate | Ontario Real Estate Insights | Paris Ontario | Paris Ontario Food Scene | Paris Ontario Homes | Paris Ontario Housing Market | Paris Ontario real estate | Paris Real Estate | Paris, Brant County Real Estate | Plattsville Real Estate | POTL Ontario | POTL vs Freehold | Princeton Real Estate | Puslinch Real Estate | Real Estate Advice | real estate branding | Real estate investment in Ontario | real estate trends | Restaurants in Paris Ontario | River Realty Team | Sanaz Jewell | Selling in the Summer | Simcoe Real Estate | St. George Real Estate | Straffordville Real Estate | Team vs. Independent Brokerage | Things to Do in Paris Ontario | Top realtors in Brant County | Waterford Real Estate | Windham Real Estate | Woodstock Real Estate | Working With REMAX
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Powered by: REALTOR.ca