Tag Archive: real estate

Real Estate Market Forecast: Opportunities for Home Buyers and Sellers in 2024

Home buyers surprised everyone last spring when they shook off higher borrowing costs and showed up to new home sales in droves. The surge in competition for a still-limited pool of properties helped home prices pop and renewed sellers’ confidence in their ability to get top dollar for a home. ...

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Celebrate Sustainably: 5 Ideas for an Eco-Friendly Holiday at Home

It’s the most wonderful time of the year. But for many families with festive plans and hectic schedules, it’s also the most wasteful. According to one survey, for example, 60% of respondents admitted to throwing away more than usual during the holiday months as they filled up their trash bins ...

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Income Properties Are Trending, But Is Landlord Life for You?

If the thought of investing your money into brick and mortar—or perhaps some stylishly-painted siding—excites you, join the club. Investing in real estate has long been one of Canadians’ favourite ways to grow their wealth. According to a poll by CIBC, 15% of Canadian homeowners already earn some rental income, ...

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Top 7 Tips To Attract the Best Offers for Your Home

Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Bank of Canada shut down the party when it began raising interest rates last year.1 Now, it’s not as simple to sell a home. While pandemic-era home buyers were ...

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7 Common Homebuyer Regrets (And How To Avoid Them)

To avoid buyer’s remorse, be sure to consider your future self when shopping for a home. Most new homebuyers don’t regret becoming homeowners. In fact, according to a recent survey, 80% of Canadians who purchased a home during the pandemic say they’re glad they bought their current homes.1 But that ...

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Renovate or Relocate? 3 Questions To Help You Decide

Does 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 ...

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National Real Estate Market Update for 2023

There’s an old adage in real estate: location, location, location. But ever since the Bank of Canada began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of cooling home buyer affordability and ...

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My Home Didn’t Sell! Now What?

When it comes to listing your home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. Homeowners who try to do it ...

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2023 Real Estate Market Outlook (And What It Means for You)

Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Bank of Canada began a series of interest rate hikes in an effort to pump the brakes on inflation.1 While some market sectors have been slow to respond, the housing ...

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7 Tips to Maximize Your Home’s Sale Price

Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled.1 Consequently, home sellers who enter the market today may need to reset their expectations. The reality is, it’s no longer enough to stick ...

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