Delayed by pandemic-related lockdowns, summer’s peak homebuying season pushed into fall. In fact, according to the RE/MAX National Housing Report for September, closings rose 21.1% from a year ago and on average, homes sold in a mere 39 days. Meanwhile, the inventory of homes for sale plummeted to an all-time low in September 2020. Sinking below […]
RECORD-SHATTERING HOME SALES CONTINUE INTO FALL. Read More »
Halloween may be canceled this year, but you can still celebrate, and your kids can still have fun with these fantastic ideas that are safe during COVID times. 1. Have a Halloween candy hunt. Hide candy throughout your home and get your kids rushing and hunting to get their reward of a candy haul! The best part?
Halloween ideas for kids to have fun during COVID times. Read More »
The First Time Home Buyers’ Program reduces or eliminates the amount of property transfer tax you pay when you purchase your first home. If you qualify for the program, you may be eligible for either a full or partial exemption from the tax. If one or more of the purchasers don’t qualify, only the percentage of interest
Buying Your First Home? Read More »
Canadian Real Estate Market Sentiment 56 per cent of Canadians who are planning to engage in the real estate market say they expect to do so within less than a year Almost half (44 per cent) of Canadians believe that the real estate market will bounce back to the strength it was before COVID-19 by
RE/MAX Canada releases insights in key global markets amidst the COVID-19 crisis. Read More »
Buying a home is a big investment and a huge commitment, but most homeowners will attest that the pay-off is worth the pains and strains of making those regular mortgage payments. Most people focus on their mortgage interest rate as a way of saving money (or at least, ensuring more of it goes toward your
How Do You Pay Off Your Mortgage Faster? Read More »
Canadian real estate has been a tough nut to crack for some homebuyers, and those with less than 20 per cent as a down payment now face another challenge, with Canada Mortgage and Housing Corp.’s (CMHC) tighter qualification rules for borrowers of high-ratio mortgages. This move is in response to the global pandemic that has left many
Canadian Real Estate and the New Mortgage Rules. Read More »
It seems difficult to forecast the future of the Canadian real estate market during this time. Many of us have questions about when social distancing measures will be loosened, and life will return to normal. Earlier this year the market was sizzling and in most major cities, such as Toronto and Vancouver, it was a
What is the Future of Canadian Real Estate? Read More »
With social distancing advisories and non-essential business closures in place, many people – some realtors included – are scrutinizing whether real estate is an essential service as it has been classified in many regions across Canada and the US. Those who argue against the essential classification are coming from a good place, with hopes that more-stringent lockdowns
Why is Real Estate an Essential Service? Read More »
