Real Estate News & Blog

Canadians invest in home renovations to improve quality of life, not to add value in current Canadian real estate market. Challenging Canadian housing market conditions put additional importance to home renovations since the start of COVID-19, both for those looking to stay and those selling More than half of Canadians renovated their home in 2020 with the intention of living in it, with 29% renovating to enhance their lifestyle for non-essential reasons (aesthetic and/or recreational... [read more]

Home Sweet Home…or is it? You’ve just moved in with your significant other and couldn’t be more excited; however your new home isn’t exactly boasting the ideal look and feel you were hoping for. You’ve been inspired by sites like Pinterest, and you have an idea of the overall theme/look you’re going for, what pictures to hang and where, and which accent pillows you want to use. The problem is you’ve now got to include your partner in... [read more]

One of the most compelling trends in the Ontario real estate market over this past year has been the rise of rural housing markets. Although industry observers stop short of calling it an “exodus,” many households are scrapping home-buying dreams within the province’s major urban centres, like Toronto and Hamilton, and relocating to suburban areas, small towns and rural communities. This shift has been incredible to monitor in real-time. In 2020, according... [read more]

For years, it’s been a tough battle for renters living in Toronto and the surrounding municipalities. Rents have only been on an upward trajectory as supply was limited and demand was through the roof. But after a year of the COVID-19 public health crisis, Toronto and GTA rental real estate is now a renter’s market. The turning point was last spring, when the coronavirus pandemic crippled the nation and forced governments to institute a plethora of new rules and... [read more]

Is the Mississauga real estate market immune to the impacts of the highly infectious respiratory illness, or are other factors at play? Like many other Canadian housing markets, Mississauga enjoyed double-digit growth in 2020, despite the coronavirus pandemic that effectively paused the national economy and shut down the nation. Last year, Mississauga’s housing market saw residential prices grow almost 16 per cent to $880,374. This was just below the Toronto... [read more]

Resilient commercial real estate markets in Western Canada expected to rebound in latter half of 2021, says RE/MAX Industrial and multi-unit residential asset classes to lead the way df DOWNLOAD THE FULL REPORT Kelowna, BC (February 25, 2021) — While endless challenges faced commercial real estate markets in 2020, investors and end users in Western Canada showed incredible resilience in their ability to both adapt to changing conditions and position themselves for... [read more]

Could Ontario real estate emulate its impressive 2020 performance in 2021? The province’s housing market has all the ingredients for growth: near-zero interest rates, strong demand and limited supply, to produce a cocktail of double-digit price increases. And this applies to smaller communities, too. Cambridge, Ontario real estate has experienced record growth over the last nine months, thanks to a blend of out-of-town urban dwellers searching for more square feet, and low... [read more]

The Hamilton-Burlington real estate market has been attracting buyers with more than just its homes. The region offers enviable attractions such as the Royal Botanical Gardens and the Art Gallery of Burlington, incredible restaurants, scenic views, beaches and sprawling conservation areas. History enthusiasts appreciate Burlington’s rich narrative, with sites such as the Ireland House at Oakridge Farm, Freeman Station and Spruce Lane Farm. Then there’s the Hamilton-Burlington... [read more]

What is the Bank of Canada’s current policy interest rate? When does the Bank of Canada announce its overnight rate? When is the next announcement? What factors did Bank of Canada consider in its latest decision? Bank of Canada’s Overnight Rate On March 10, the Bank of Canada maintained its target for the overnight benchmark rate at 0.25% As was widely expected, the Bank of Canada has maintained its key interest rate target at 0.25%. The Bank... [read more]

Let’s face it, moving is hard for everyone. Big moves bring up all sorts of feelings, from stress to uncertainty, and excitement. Luckily, there are a few actions you can take before the big day to make moving with kids easier on them – and you. Tips for moving with kids Little People, Big Dreams Whether you’re hoping to stay in the same neighbourhood or move right across the country, inviting your kids into the house-selection process from the get-go can help. Ask them... [read more]