Despite recent cooling in Canadian real estate markets due to rising interest rates, the fact remains that housing prices are still hovering at a high, relatively speaking. Add to this the record-high inflation rate, which reached 8.1 per cent in June, up from 7.7 per cent in May, and there’s no arguing that housing affordability…

Ontario real estate has been on a seemingly endless upswing throughout the coronavirus pandemic, leaving many homebuyers priced out of their local markets and seeking housing affordability elsewhere. Indeed, Ontario’s suburbs and rural markets have absorbed much of the spillover, attracting homebuyers with their lower price points, higher square footage and green space galore. This…

Relocation, relocation, relocation: Canadians love their neighbourhoods, but will move to achieve housing affordability For 64 per cent of Canadians, relocation is among the top sacrifice they’d be willing to make in order to achieve housing affordability; however, half (50 per cent) agree that the farthest they would go would be less than 100 kilometres…

If you are a homeowner in Canada, you may or may not be aware of a number of related to what you can do on your property and what you can keep as a pet. Some of these might make little sense because they were passed more than a century ago. Some make a bit…

The foundation of a house is crucial for supporting your home and keeping it stable, and if it’s well built, it can last a lifetime. Sometimes, foundation problems can have ramifications for the rest of the house. The sooner you know how to look for signs of trouble, the sooner you can address any problems…

The Alberta real estate market has been celebrated throughout the coronavirus pandemic for maintaining one of the most affordable markets in the country. However, now that first-time homebuyers sniffed the opportunity out west and the energy sector is booming again, prices are rising throughout the province. Suffice it to say, prices are only going up,…

How is the Atlantic Canada real estate market performing in the era of rate normalization? Eastern Canada has been a hotbed of growth for the last two years, from population gains to economic resuscitation. With the coronavirus pandemic turning the housing industry upside down and triggering a change in consumer patterns, the Maritimes region is…

Bank of Canada Interest Rate Announcement: Supersized Rate Hike of 100 Basis Points on July 13 The Bank of Canada was widely expected to make an increase in this morning’s interest rate announcement, but the central bank surprised everyone with a supersized hike of 100 basis points, bringing its target for the overnight rate up…

It’s no secret that buying or selling a home can be one of life’s most stressful endeavours. With so many unknowns and variables at play, limiting stress during this event can help make the process more enjoyable; one of the simplest ways to help reduce the stress and anxiety attached to purchasing a home is…

In Canada, everyone has an opinion about property taxes. Whether city dwellers or rural folk, each side will argue that the other is not paying enough in property taxes, making for a heated and spirited discussion about levies on the residence you worked hard to purchase. That said, aside from discussions over what the property…