Forget wedding bells, young Canadians are more interested in being a homeowner. Some 40% of under-30s say buying a property is critical to their five-year plan, signalling a preference over travel (30%) and marriage (24%). The survey conducted by the Royal Bank of Canada comes as interest rates have dropped a further 0.5% to 3.75%,…
Read more
Forecasting the recent ebbs and flows of our real estate market has been less about overall economic wellbeing and market sentiment and more about the raw impact of high interest rates. With the Bank of Canada’s (BoC) latest 0.5% reduction in the cash rate, we have now seen the base rate fall 1.25% in a…
Read more
If you’re watching Canada’s interest rate tumble faster than anywhere else in the world right now, you’ll either be delighted you have a variable lending rate or annoyed you took a gamble on a fixed rate. For those who gambled and lost, the temptation is to call the lender and immediately ask for a new…
Read more
New loan rules to expand insurance mortgages from 25 to 30 years are set to take effect next month to help first homebuyers into the market. By increasing the repayment period five years, first-time buyers will face lower monthly mortgage bills. However, if the loan were to go to full-term, they would pay more in…
Read more
With today’s real estate market experiencing ebbs and flows on an almost monthly basis, sellers often ask me about the profile of a typical buyer. Usually, they’re seeking information that will help them prepare their home for sale and a guide for how long it might take to strike a deal. In our neighborhood, there’s…
Read more
Pets are more than just animals – they’re cherished members of our families. And we want our homes to be havens not just for ourselves but our furry companions, too. Designing pet-friendly interiors goes beyond just minimizing hazards. It’s about creating a space that meets their needs while maintaining a stylish and comfortable environment for…
Read more
Ensuring the safety and security of your home should always be a top priority for your home maintenance activities. You need a multi-layered approach that combines physical security measures, smart technology, and mindful habits. Homes with security systems and smart locks make a big impact on buyers. Despite the fact there are so many different…
Read more
In today’s increasingly digital world, the home office has evolved from a rarely-used corner desk to a dedicated and essential workspace. The modern home office demands thoughtful design that seamlessly blends functionality, technology, and aesthetics to foster productivity and enhance work-life balance. The US Bureau of Labor Statistics says 22% of all American workers are…
Read more
Thanksgiving is a time for family, friends, and gratitude. Celebrate this special occasion by creating a warm and inviting space in your home for Holiday gatherings! Here are some tips to help you transform your home into a festive haven this Thanksgiving: Embrace the Colors of Fall Fall is a season of vibrant hues. Remember…
Read more
As millions of Americans prepare to cast their vote, it’s interesting to note how housing policies have played a larger role than historically normal in the race for the White House. Housing is always an important topic, but the recent challenges with inflation and higher interest rates, which has led to rising rents and stagnant…
Read more
