Amid the concerted program of interest rate cuts over the past 18 months – the official cash rate is down to 2.25% from a 5% post-Covid high – our real estate market is experiencing an erratic recovery that will eventually see values rebound consistently. The latest data shows the number of home resales increased by…
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It’s crystal ball season, and the Canadian Real Estate Association (CREA) has updated its forecasts for 2026 – and it’s feeling bullish! National home sales are forecast to rebound by 7.7% to 509,479. If correct, that prediction would deliver the highest level for activity since 2021. “Historically, national home sales have only ever cracked the…
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With Canada’s policy interest rate now less than half of its peak of 18 months ago, Canadians continue to cautiously return to the real estate market. While delighted that the Bank of Canada has reduced its benchmark overnight rate to 2.25% from a peak of 5% in May 2024, Canadians remain concerned about the economic…
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The power of colour can be transformative for your property as you prepare it for sale. When your house or apartment is listed, your favourite palette has to shift from personal taste to investment strategy. The right hue doesn’t just refresh a room, it impacts on buyers’ perceptions, digital photography and, most importantly, the final…
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Even in winter, the desire to improve your garden to add some colour can be irresistible. Just because the skies are slate-grey doesn’t mean that your garden should be a matching colour. A great idea at this time of year is to plant small trees that offer both seasonal colour and a new focal point…
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Putting your property on the market before the holidays or shortly afterwards is still achievable. You may well be weighing up the value of holding off a winter sales campaign and going in spring, which has the reputation of being the prime selling season. However, spring can actually favour the buyers. Let’s look at that…
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Once you’ve gone through all the time and effort required to get your home on the market, it can be frustrating when the offers don’t roll in. If your house or apartment isn’t selling, there’s always a reason – and a solution. There can be many reasons for the challenge, such as the state of…
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It’s a common misconception that the moment the holidays begin, the real estate market freezes. While the Canadian market has been brighter days but improving all the time, buyers are out there and motivated. They are often driven by job relocation, a significant change in family needs or a critical financial shift. When we look…
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It’s a common misconception that the moment the holidays begin, the real estate market freezes. In today’s market, which is characterized by a shortage of for-sale inventory, that old thinking can lead to a missed opportunity. Buyers are out there and motivated. Forget the myth that buyers only make their move to accommodate school schedules.…
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Once you’ve gone through all the time and effort required to get your home on the market, it can be frustrating when the offers don’t roll in. If your house or apartment isn’t selling, there’s always a reason – and a solution. There can be many reasons for the challenge, such as the state of…
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