Over the last two years, there has been a remarkable shift in consumer demand for living space. Many homebuyers left their smaller spaces in the big cities, in favour of larger spaces in smaller towns – or even cottage country and rural communities. But what about ski towns and mountain locations? Demand for homes near…

For many years, certain places in the Canadian real estate market had specific designations. Some rural areas were considered excellent retirement communities, others were described as college towns, and major urban centres have been the economic and financial hubs of the nation. But the COVID-19 public health crisis caused a shift in the last two-plus…

With spring swirling in the air, it’s as if all of humanity has been brought back to life. For many, the start of the spring season means that it’s time to do a significant clean around the house. After months of being cooped up inside, practically everyone is looking forward to getting outside to enjoy…

There is no other way to sugar-coat what is happening in Canada’s housing market: The nation is facing a severe supply shortage. Why is housing supply so low? Current market conditions, be it record-low inventories or strengthening demand, have sparked a housing affordability crisis. With interest rates on the rise and an inevitable increase in…

Canada has two seasons: winter, and renovation season. With spring in full swing, now is the perfect time to start planning your outdoor renovation and home improvement projects to plug away on, before winter rolls around again. Whether it’s the front yard or the backyard, or somewhere in between, there are plenty of easy and…

As a new homeowner, this is an exciting time in your life. You’ve just bought a new house and you’re getting ready to move. You spend your time daydreaming about where your furniture is going to go, creating floor plans, and writing out interior design ideas so that you can make your new house a…

A recent report from the Canadian Real Estate Association (CREA) revealed that two-thirds of the nation’s housing markets are slanted in favour of sellers. With supply failing to keep up with demand, this could be the top trend for the foreseeable future. For years, housing development has been tepid, resulting in supply falling short of…

The Kingston housing market is one of the hottest in Ontario and the rest of the country. The small municipality about two hours outside the city of Toronto has shown impressive performance over the last couple of years. In line with the trend, many smaller housing markets have turned their fortunes around on a Canadian…

Is buying a home becoming less affordable in the province of Alberta? Throughout most of the pandemic, price growth has been subdued in the likes of Edmonton and Calgary. The economy, the energy sector and the Alberta real estate market had been devastated by the coronavirus pandemic. However, the Alberta housing market started the new…

The national average home price in the Canadian real estate market hit $796,000 In March, up 11.2 per cent from last year. Price growth slowed slightly month-over-month, but many industry experts project that prices still have room for growth this year. But while the broader housing conversation has been on the affordability crisis impacting many…