Condo insurance premiums are maintaining their elevated pace, which began around a year ago, as a consequence of extreme weather events, says LowestRates.ca.
Here are expert tips from advice for first-time investors to diversifying your investment.
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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.
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.
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.
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