Property taxes play an integral role in Canadian real estate, providing a significant source of revenue for municipal and provincial governments. These taxes fund crucial public services like infrastructure, public safety, education, and health care. As an essential consideration for homeowners and real estate investors, understanding the nuances of property taxes is fundamental to navigating…

Bank of Canada’s Interest Rate Announcement: Rate Holds Steady at 5% The Bank of Canada held its overnight rate at 5% in this morning’s interest rate announcement, which was widely expected as the economy shows signs of slowing down. The Bank did leave the door open to the possibility of further interest rate hikes in…

. . About the RE/MAX 2023 Fall Canadian Housing Market Outlook ReportThe RE/MAX 2023 Fall Canadian Housing Market Outlook Report leverages data provided by RE/MAX brokers and agents and sourced from CREA and local real estate boards, and consumer insights gleaned from a Leger online online survey of 1,517 Canadians aged 18+ was completed between…

 Whether you live in a home, condo or dorm room, there will always be an area that could use a little upgrade. Of course, splurging on trinkets and knickknacks is an option, but what better way to showcase your own sense of style than a DIY project. Beyond acting as a creative outlet, DIY projects are the cost-efficient solutions…

The cost of living has spiraled out of control for millions of Canadians nationwide. Inflation remains elevated, interest rates have skyrocketed, and real wages have failed to keep up with the increase in prices. For many Canadians, even tapping into their HELOC (Home Equity Lines of Credit) is becoming a challenging option given the economic…

Did anyone have a strong Toronto industrial real estate market on their 2023 Bingo card? Indeed, the industrial real estate sector in North America’s fourth-largest city has been an impressive development, defined by its robust growth and performance. Despite rising interest rates, the industrial sphere has been driven by expanding economic conditions, favourable market conditions,…

Purchasing a home is often one of the most significant investments we make. However, accumulating the necessary funds for a substantial down payment can be challenging for many aspiring homeowners in Canada. This is where understanding mortgage insurance plays a vital role in facilitating homeownership and mitigating risks for lenders and borrowers. Let’s learn more…

Relocating to a big city can be a brand-new experience for some people and a nerve-wracking challenge for many. Here are some things that can make your big move more manageable.  Before Relocating Learn About the City  Learning a thing or two about the city you’re moving to is always a good idea. It will…

Cleaning your home requires more than just soap and scrubbing. It takes strategy. Whether you’re preparing to list your home for sale, or are getting ready to move into your new place, these tips will come in handy. So, grab your supplies, turn up your favourite music, and let’s get to work! 8 Cleaning Tips…

In the Ontario commercial real estate market, there has been an uptick in demand and an inventory shortage of industrial real estate across the province. But how bad are supply levels? In Toronto, for example, it is estimated that close to 45 million square feet would need to be developed and put into the market…