The Bank of Canada announced an increase in interest rates by 50 basis points, the second increase of the year.The move means that the interest rate currently stands at 1%, … [read more]
YEAR-OVER-YEAR The Teranet–National Bank National Composite House Price IndexTM, covering eleven CMAs around the country, reported a 18.4% annual gain in March, matching the record growth seen in August 2021. … [read more]
With home prices growing every year, more and more Canadians are looking for ways to make buying a home more affordable. If you’re looking to get into the market and … [read more]
The average value of the province’s largest construction starts fell for the second year in a row after peaking in 2019 when the $36 billion LNG Canada project topped the … [read more]
Canada’s luxury real estate market reported a robust Q1-2022 thanks to rising consumer optimism and economic revitalization, trends that have supported soaring sales for high-end condos. In its Top-Tier Real … [read more]
Whether you’re buying or selling your home, having the right real estate professional at your side as a supportive but firm friend to guide you through the process and the … [read more]
The number of multiple-property owners who keep homes for investment or rental income possess a significant chunk of the housing stock, according to newly-released information from Statistics Canada. New 2019-2020 … [read more]
Last month, upwards of 11,400 homes traded hands across British Columbia, but levels have fallen from the record highs set in March 2021. In a statistics release, the British Columbia … [read more]
When you fall in love with a house to buy, don’t rush to sign the purchase agreement. First, take time to get a professional inspection. This will help you to … [read more]
When selling your home or property, it’s important to be aware of the closing process and what to expect. The closing date is the day that the sale of your … [read more]
When buying or selling a home, having a clear understanding of its worth is very important. You’ll want to make sure you don’t pay too much when buying, but want … [read more]
The 2022 budget has officially been released, $10 billion of which will be dedicated towards Canada’s housing market. But hopeful homebuyers may need to wait to feel the effects of … [read more]
Recently, we covered why you may want to consider multifamily for your next investment and the kinds of opportunities available in that sector. That was a start, but there is … [read more]
With the strength of the real estate market showing no signs of backing off, homebuyers face a challenge. Properties find a buyer quickly after being listed in many markets, leaving … [read more]
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