There are many signs of the Canadian market improving, but the biggest signal everyone wants to see is an upward shift in value trends – and that seems to be a few months away. A rising level of inventory of homes for sale is keeping a lid on prices. This is despite the Bank of…
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Property sales are on the rise across Canada, jumping another 1.1% month-over-month in August, according to the Canadian Real Estate Association (CREA). Buyer sentiment is picking up in Montreal, Greater Vancouver and Ottawa, giving Canada its best market performance in August for four years. Deal numbers have now increased for a fifth straight month, signalling…
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The strength of the Canadian real estate market is not just determined by the supply and demand dynamics that exist between buyers and sellers. There’s also a wider set of economic issues that influence property values, such economic growth, job security and the cost of borrowing. New data indicates the path to recovery for the…
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The anticipated real estate recovery is beginning to take shape in good news for both sellers and buyers, and the Bank of Canada (BoC)) has recently injected additional optimism with its first interest rate cut in six months. We’re seeing a largely two-speed recovery in which markets with affordability challenges and strong inventory of homes…
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Every market moves in cycles and the current environment requires a little more work to strike a deal if you’re the seller. The Royal Bank of Canada says our real estate market is improving, but its return to prosperity is likely to be gradual. For sellers, it’s more important than ever to find an agent…
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With the crisp air of fall filling our lungs, it’s the perfect time to venture into the garden and plant bulbs to create a wonderful, colourful garden for next spring. To get the most from bulbs, you should plant in an area that has well-drained soil and receives at least six hours of sunlight each…
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The monthly volume of home sales has now risen 11.2% since March and there are predictions across the real estate sector that the Canadian market is beginning its long-awaited bounce back. After the threat of significant US tariffs put a brake on transactions earlier this year, Canadians have started to regain confidence in the economy,…
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With mortgage rates holding stubbornly at around 6.75%, first-home buyers continue to face a tough challenge to break into the property market. Only a few weeks ago, the National Association of Realtors (NAR) called for an increase in the building of new homes for first-time buyers following its own report that revealed existing homes were…
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One of the biggest contributors to the long-term value of your property is location and local infrastructure. Areas where governments are investing in trains and schools quickly begin to contribute to higher local prices. A recent survey from the industry researcher Cotality (formerly CoreLogic) outlined how buyers were paying six-figure premiums to live in suburbs…
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Renovations are often at the heart of an owner’s strategy to maximise the value of their home, or for investors seeking top-dollar from rental income. But which renovations really sell a property or attract a top-paying tenant? Most focus falls on bathrooms and kitchens – two areas that are expensive to upgrade because of the…
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