Gerry’s Blog
The federal government will not apply the controversial capital gains tax hike to primary residences, Ottawa announced on April 16 when unveiling the 2024 budget. For weeks, there had been speculation that Prime Minister Justin Trudeau and his Liberal government would introduce a levy on homeowners. Ottawa released the $450.8 billion federal budget for 2024,…
RE/MAX is honoured to have been named Canada’s Children’s Hospital Foundations 2023 Canadian Corporate Partner of the Year. “In neighbourhoods across Canada, RE/MAX agents are active in their local communities in many ways, including the RE/MAX Miracle Home Program,” says Adam Starkman, President and CEO of Canada’s Children’s Hospital Foundations, official manager of CMN partners…
Prime Minister Justin Trudeau and his Liberal government unveiled the $480.5 billion federal budget for 2024. Inside the 400-page-plus budget includes more than $52 billion in new spending over five years that courts a wide array of voters heading into next year’s election. While the budgetary blueprint proposes various support payments, tax increases, and finance…
The post RE/MAX Cares: The Miracle Home and Miracle Commercial Property Program appeared first on RE/MAX Canada.
Now that mortgage rates could finally be easing from their two-decade highs, you are considering posting a ‘for sale’ on your front lawn. Many Canadian real estate market experts believe that now is an opportune time for homeowners to list their single-family homes or row houses on the open market, with more buyers returning to…
Downsizing your home usually signifies a major transition, often driven by a need for a simpler life, financial considerations in retirement, or the nest becoming empty as children move out of the house. When selling your home, it’s not merely the physical task of moving or getting rid of possessions that makes this process daunting;…
It’s that time of the year: the birds are chirping, the buds are blooming, and the Bank of Canada (BoC) is on the brink of cutting interest rates. This is also the time of the year for a busy Canadian real estate market when prospective homeowners are searching for a new place to call “home.”…
In just one year, the Nova Scotia real estate market experienced some significant changes. Last year, the province was experiencing historically low interest rates and evolving consumer trends. Fast-forward to today and it’s an entirely different picture, characterized by elevated interest rates, historically mixed sales and rising prices. In February, the number of residential property…
Buying a house is a big deal for many of us. Owning a home is the ultimate symbol of personal success. It’s the reward for years of hard work, smart planning, and sticking to your financial goals. It means finally having a space that’s all yours—a place where you can kick back, grow, and make…
The federal government has proposed some new housing affordability measures geared toward making the Canadian housing market more affordable for first-time buyers. Among the new measures, first-time buyers will have the option to take out a 30-year amortization on their mortgage, and the first-time Home Buyer’s Plan RRSP withdrawal amount is being increased to $60,000,…
Owning a home is a keystone of wealth… both financial affluence and emotional security.