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Benchmark price of Canadian home up $120,000 in March

In March, new listings set a record by reaching 1 million across Canada, a 7.5% increase from the month prior. Bidding wars were commonplace and inventories fell to their lowest in decades.

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Real estate investing democratized

Learn more about how addy’s mission is to enable every human to become a homeowner by helping them invest in real estate at a price that works best for them, and dividing the investment into equal parts.

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These urban rental units can boost property values

"[...]There’s a lot of push for the city and other government levels to move towards laneway housing to deal with the supply issue and I think that’s a great opportunity.”

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Blog

Knowledge, experience propel Sunny Sharma Commercial Team to new heights

In 2020 alone, this commercial real estate team did over $60 million in commercial sales in Toronto.

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How to get listings in this super hot market

Craig Proctor, top Canadian real estate agent and coach, offers advice on how to dominate during these crazy real estate times. Join his Millionaire Agent-Maker SuperConference March 19-21.

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Fixed-rate mortgages have gone up, but it doesn’t matter

News of a fixed rate increase might inspire consumers driven by fear of being priced out of the market in Canada.

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Post-COVID return to the office depends on where you live

Even before COVID-19 moved us all to work from home, reevaluations of office space were already underway, but not nearly to the extent they are now.

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Millions in delayed closing compensation left unclaimed

This consultant and real estate investor said that a third of new construction properties built every year in Ontario have legitimate claims for reimbursement, but they aren't taken advantage of.

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Tight market supply for Metro Winnipeg continues into 2021

The average price of a detached home in the Winnipeg region was $352,185 last month, while the average attached home was $277,109, and condominiums were $224,338.

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Millennials, armed with savings, are buying homes in droves

Millennials are benefiting from a confluence of factors, like low rates and minimal competition in the starter home segment, that have made homeownership less prohibitive.

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Western Canadian commercial markets slated for strong 2021

A report from RE/MAX and CBRE noted that institutional investors and private equity were present in nearly every market last year in Western Canada.

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Despite pandemic, Canadians spending extravagantly on homes

“Buying activity for higher-end homes has picked up from where it was a year ago, and now it’s working its way right down the scale," says mortgage broker Robert Mogensen.

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Upgraded building infrastructure slashes maintenance fees

Maintenance fees rise for reasons ranging from property taxes to a condominium’s location, but older building infrastructure is also a major contributor to escalating costs.

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