The latest data from digital marketplace Wowa suggests a two-speed real estate scene across Canada right now. Even with two recent interest cuts that took the benchmark to 4.5%, parts of the property market remain red-hot while others appear stuck on the cool side. Wowa’s Housing Market Report released in June found national transactions totalled…
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Residential sales have been predicted to rise by more than 6% this year as the Canadian real estate market begins to bounce back from a quiet start to the year. Two interest cuts that have taken the cash rate to 4.5% are expected to entice more sellers into the market to meet the pent-up demand…
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With interest rates now 0.5% less than just a few weeks ago, Canadian homeowners and buyers are poised to spur the market back into action. Whether the two recent rate cuts from the Bank of Canada will be sufficient to electrify the market remains to be seen. However, Canada is one of the first developed…
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These lazy days of summer can lull you into a false sense of security if you’re planning to sell your home this fall. Consider spending some of your spare time working on your home to maximise its value even if that means missing out on the occasional trip to enjoy the warm weather. Making a…
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Many folks don’t appreciate how quickly the real estate scene can change. The slightest movement in mortgage costs – especially when they fall – can trigger a mass movement of buyers looking to upgrade or enter the market in a matter of just a few weeks. And no sooner is that tsunami in motion than…
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You’d be forgiven for thinking America’s real estate market is a bit of a puzzle with shifting headlines about interest rates, home prices, and inventory levels. Without an experienced agent at your side, it’s easy to feel a little lost in these shifting sands. While the number of homes coming onto the market is increasing,…
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We all love to escape on a summer vacation, but it’s important to spend a few moments considering how to safeguard your home while you’re away. Unfortunately, empty homes can be attractive to those with less-than-good intentions. While the FBI doesn’t have specific data, some studies have found burglaries can increase by up to 11%…
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The state of America’s real estate market is a cornerstone in the debate about the health of America’s economy. It’s becoming an increasingly important part of the presidential election as folks weigh up how happy they feel about their own financial situation. High interest rates have weighed heavily on every borrower – that’s for sure.…
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Purchasing your first home can feel like you’re about to climb a mountain that will confront you with challenges you’ve never faced before. Any fear of being overwhelmed is understandable, but it doesn’t have to be that way. After all, more than 5 million property purchases are made across America every year, so the process…
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One secret to a great property sale is the ability of owners to give the impression their home has oodles of space and storage. Homes full of furniture feel cluttered and insufficient, diminishing buyers’ willingness to purchase or devaluing the offers for the property. As well as decluttering and encouraging as much natural light as…
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