Dreaming of a new home but feeling priced out? You’re not alone! A 2024 survey by Royal LePage found that 46% of Gen-Z and millennial Canadians who don’t already own a home have doubts as to whether they’ll ever be able to afford one.1 According to data from Canada Mortgage ...
Continue ReadingDoes your current home no longer serve your needs? If not, you may be torn between relocating to a new home or renovating your existing one. This can be a difficult choice, and there’s a lot to consider—including potential costs, financial implications, and quality of life. A major remodel can ...
Continue ReadingDeciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership. A real estate boom during the pandemic ...
Continue ReadingThe annual inflation rate in Canada is currently around 5.1%—the highest it’s been in 30 years.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend Canadian dollars, inflation impacts you. Economists expect the effects of inflation, like a higher cost of goods, to continue.2 Luckily, ...
Continue ReadingThe start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. However, with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some ...
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