If high prices held you back from building, you are in luck, as the tables have now turned Darcy Elliott, shipping supervisor at Spray Lake Sawmills, inspects lumber at the company’s facility in Cochrane, Alta. in May. (Jeff McIntosh/The Canadian Press) Homeowners who resisted the urge to renovate during the first 18 months of the pandemic […]
Lumber crash leads to ‘blowout’ sales as prices crater. Read More »
In recent months, the consensus has been that the Canadian real estate market may have reached its peak. Some markets continue to enjoy record-breaking gains. Still, the broad-based trends spotlight a crucial development: the sector may be returning to some semblance of normalcy during these uncertain times. Will this finally give young Canadians hope that they can attain the
Has the Canadian Real Estate Market Peaked? Read More »
It should come as no surprise that affordability in the Canadian housing market has become a key issue in the upcoming federal election. According to a recent RE/MAX report, 42 per cent of Canadians said the high cost of housing was preventing them from entering the housing market, and 48 per cent shared concerns over their ability to
Canadian Housing Market Needs Supply, Not Taxes, Blanket Policies or Promises. Read More »
Maintaining a property requires a certain amount of care. Without it, the structure may sustain damage, even if the exterior looks like it is in good general condition. There are many reasons that homeowners may have a second property. Many people deliberately choose to make the purchase, for use as a vacation home or investment
How to Maintain a Property from Afar: Long Distance Property Upkeep Tips. Read More »
When it comes to navigating an overwhelming, complicated or unpredictable housing market (hello, 2021!), hiring a RE/MAX real estate agent is a good first step. Here’s why. No one ever said real estate was easy. In fact, especially since March 2020, most homebuyers and sellers have probably muttered a much different sentiment under their breath. But
WHY CHOOSE A RE/MAX AGENT? 3 DECISION-MAKING REASONS. Read More »
With interest rates reaching historic lows in a persistent seller’s market, the new-home construction industry is facing a test of successfully balancing supply and demand. In the premiere episode of the interactive series “Keepin’ It Real with Nick Bailey,” RE/MAX President Nick Bailey and two guests explore all sides of the new-home construction market. The
LUMBER PRICES ARE FALLING, BUT HOUSING AFFORDABILITY REMAINS AN ISSUE. Read More »
There are so many people (who do not work in real estate) who have advice for a new homebuyer trying to find the right place. And, unfortunately, so many of those people advise against having a real estate agent, whether it’s because they have had an unpleasant experience themselves or because they think they’re saving
How Do I Know I Have a Good Realtor? Read More »
Canadians opt for more affordability and new lifestyle, flocking to recreational property market 57 per cent of markets offer properties below $500K, according to RE/MAX brokers and agents Average sale price anticipated to rise up to 30% in some recreational property markets, according to RE/MAX brokers and agents. 44 per cent of recreational property buyers
Cabin & Cottage Trends Across Canada (2021). Read More »
Stakes in Canadian real estate have never been higher. Industry professionalism needed to restore buyer and seller confidence. Particularly for buyers engaged in the Canadian real estate market, the transaction is filled with mounting complexities and undeniable frustrations – most specifically, the lack of transparency in under-market-value listing strategies within an already expensive market, and
Canadian Real Estate Industry at a Critical Crossroads. Read More »
As construction season kicks off, those looking to renovate this spring and summer might be stunned by the price of lumber. “It was a big shock to find out it was going to be that much more this year,” Andra McLachlan said. She’s on her second year of home and backyard renovations and is kicking
Sky-rocketing lumber prices shock renovators: ‘It’s ridiculous’. Read More »
