Condo insurance premiums are maintaining their elevated pace, which began around a year ago, as a consequence of extreme weather events, says LowestRates.ca.
Home sales dipped ever so slightly by 0.5% in August from a month earlier, says the Canadian Real Estate Association (CREA), adding that markets are beginning to stabilize after months of historically accelerated levels.
Social media is a great way for realtors to reach wider audiences, including both industry peers and consumers, but not everybody is cut out for it. In that case, says Simeon Papailias, co-founder and managing partner of REC Canada, be authentic.
Canadians piled on the most credit through mortgage originations, which grew by 37.5% year-over-year in the first quarter of 2021, comprising $96 billion of new mortgage debt.
Fifty-seven percent of respondents aged 18-34 in a Royal LePage survey said housing policy will influence who they vote for in the federal election on September 20.
Post-secondary learning institutions are slated to reopen next week, and it highlights the importance of maintaining facilities during prolonged periods of disuse, like during the pandemic.
Homes with illegal secondary suites have proliferated in Calgary during the last few decades, but with the city ready to crack down in January, investors need to know how to be on the right side of these changes.
Riverwalk Niagara is hosting an RSVP-only event this Saturday at the Scotiabank Convention Centre in Niagara Falls where attendees can benefit from an incentive-laden package.
Housing is top of mind for Canadians with the federal election less than a week away, but unless political parties cut the red tape responsible for the chronic undersupply of housing in key markets, the affordability woes will persist.
The Conservative Party of Canada has pledged to create a new market for fixed mortgages in the seven- to 10-year range in a bid to create housing affordability, and the pledge holds water, says a Toronto-based mortgage professional.
The governing Liberal Party’s election promise to introduce a new tax-free home savings account that would function much like RSPs and TFSAs to help first-time buyers is a welcome pledge, says Christelle Mwamba, an agent with Mortgage Scout.
Investment property purchases are fast becoming the domain of millennials and Generation Z, who see more value in secondary and tertiary markets. They’re particularly active in the Niagara region.
Homeowners should beware of buyers soliciting them with cash offers, says the president of Right at Home Realty. It can be problematic for all-too-trusting homeowners and here's why.
The winter buying frenzy in Canada’s housing market has given way to a restrained pace of sales that will culminate in prices flattening early next year, says a report from RBC Economics.
The Bank is maintaining its extraordinary forward guidance on the path for the overnight rate, estimating the first rate hike in the second half of 2022.
Blind bidding in the homebuying process has been called into question recently, with the prime minister of Canada even making an election promise to outlaw it.
Very affordable housing prices and landlord-friendly laws are conspiring to make Edmonton one of Canada’s top investment markets right now, and the city is attracting plenty of attention countrywide.
The Fraser Valley Real Estate Board says housing supply hit a four-decade low in August, but that did little to curtail voracious demand that resulted in the second highest sales total for the month in the board’s history.
The City of Barrie is one of Canada’s most expensive rental markets. PadMapper determined that one- and two-bedroom apartments in Barrie averaged $1,730 and $1,920, respectively, in July.
This morning's Statistics Canada release showed that the economy unexpectedly contracted in the second quarter by 1.1%, down from the revised 5.5% gain in the first three months of the year.
TRREB is reporting strong sales for the month of August and noted that tight supply conditions have driven the benchmark price of a home in the region up by 17.4% compared to the same month last year.
Talk of a beneficial ownership registry would prevent numbered companies from owning real estate and deal a major blow to would-be money launderers, say two Toronto-based lawyers.
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