After cutting interest rates more aggressively than any Western economy, the Bank of Canada (BoC) has decided it’s time for reflection and has kept the cash rate on hold at 2.75%, ending a 14-month run of cuts. The central bank held the rate at 5% from July 2023 to May 2024 before beginning a series…
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The first sign of the Canadian real estate market turning the corner has come with a 3.6% lift in the number of home sales and national price averages holding firm. It’s the first time since November that the number of homes sold has increased, says the Canadian Real Estate Association (CREA). The MLS Home Price…
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Now summer has finally arrived, it’s a wonderful time to start enjoying your garden. For those of you who are selling your homes this summer, you’ll find buyers will pay more attention to the front and back yards than at any other time of the year. So, it’s critical to look after your plants so…
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Easing concerns around US tariffs and falling interest rates have ignited renewed interest in the real estate market with the sales numbers rising for two successive months. With 86% of exports to America remaining duty-free under the current Canada-United States-Mexico Agreement (CUSMA), consumer confidence has rebounded from its March slump. Consumer spending has remained resilient…
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The warmer days of summer lighten the heart but also promise one of two challenges for your home maintenance, especially if you’re preparing to sell in the current, re-emerging market. Summer storms are always a risk, and you should certainly consider clearing out your gutters and downspouts to make sure any big rains don’t overflow…
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One of the challenges many Canadians face when deciding to buy and sell a home is how to assess the quality of their real estate agent. Exactly what should you expect from someone with whom you’re trusting your largest financial asset? And on what criteria do others make their judgment when appointing an agent? For…
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When preparing your home for sale, one element that can undermine your efforts and ambitions of a successful sale is dated furniture. Buyers are definitely focused on the core elements of your home – such as available space, the number of bedrooms and location – but they can be distracted. Clutter, bold color schemes, worn…
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With summer finally here, we’re about to begin our annual vigil against pests that are determined to claim squatting rights in our cupboards, the cracks in the tile grout and anywhere else they can find shelter. When preparing your home for sale, the last thing you want any buyer to see is a line of…
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It’s time to reassess your real estate strategy! If you’re backing off purchasing your dream home because of the tariff threats, then you could be missing a rare opportunity. If you’re wavering, know that the possibilities of striking a great deal will likely be gone in a year’s time. Fortune favours the brave, as they…
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Purchasing real estate has been a rising challenge for aspiring first homebuyers due to a combination of higher prices and wage stagnation, but there are a number of government schemes to help young Canadians. The recent change in market momentum that now favours the buyer – thanks to an increasing number of homes for sale…
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