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Gerry’s Blog

Young Canadians Say Taxes Impacting Homebuying Plans

Are taxes impacting homebuying activity in Canada? It’s true, according to a new RE/MAX survey. More young Canadians say that taxes are negatively impacting their purchase decisions, with polling data revealing that 40 per cent of Generation Zers and 35 per cent of millennials saying land transfer tax, or LTT, has influenced their journey to…

Canada Launches $6 Billion Housing and Infrastructure Fund

The Canadian government announced a new $6 billion Canada Housing Infrastructure Fund, an initiative to bolster residential property construction and upgrade vital components necessary to build new homes. According to the Prime Minister’s Office (PMO), the fund will dedicate $1 billion for so-called urgent infrastructure needs, such as upgrading solid waste, stormwater, and wastewater infrastructure….

Saskatoon Real Estate: 2024 Spotlight on Luxury

Saskatoon’s luxury market is off to a strong start heading into the traditionally busy spring market. Sales of high-end homes over $700,000 are up 57 per cent in the first two months of the year, with 22 homes changing hands between January 1 to February 29, up from 14 during the same period in 2023….

Calgary Real Estate: 2024 Spotlight on Luxury

Calgary’s juggernaut real estate market continues to advance, with home-buying activity at the top end of the market climbing 52 per cent in the first two months of 2024. Seventy-six single family homes changed hands over $1.5 million between January 1 and February 29, up from 50 properties during the same period in 2023. Nearly…

Vancouver Real Estate: 2024 Spotlight on Luxury

Although softer housing values and greater selection have bolstered sales of detached homes over $3 million in the luxury segment of the Metro Vancouver market in the first two months of the year, strata condominium sales have taken the lead in terms of percentage increases, with sales volumes up 68 per cent year-over-year. Twenty-seven strata…

Montreal Real Estate: 2024 Spotlight on Luxury

Strong activity early in the year has set the stage for a robust spring housing market in the City of Montreal’s luxury sector. Year-to-date (January 1 – February 29) sales priced over $2.5 million have increased 55 per cent, with 14 freehold and condominium properties changing hands so far this year, compared to nine during…

Edmonton Real Estate: 2024 Spotlight on Luxury

Edmonton’s luxury market continues to fire on all cylinders as both local buyers and those migrating from Ontario and British Columbia spark home-buying activity over the $1 million price point. Sales of high-end homes are up 32 per cent year over year, with 33 single-family and condominium properties sold between January and February of 2024,…

5 Things To Do To Prep Your Backyard for Spring and Summer

As the days get longer and the weather gets warmer, now is the perfect time to dive into your yard. In preparation for the spring and summer months, we’ve put together a list of some things that you can do to transform your outdoor space into an alfresco oasis. Clear Dead Growth from Flower Beds…

Real Estate Definition: Title Search

Buying or selling a property requires legal steps, including signing legal documents and transferring ownership between owners. Another crucial step is conducting a title search. You’ve probably heard title search before,  but what exactly does it mean? Understanding what title search is is essential to ensure a smooth and secure transfer of ownership. Let’s discover…

RE/MAX and Pet Valu Team Up to Make Moving with Pets Easier

Introducing the “Complete Guide to Moving with Pets,” a digital guide for devoted pet lovers RE/MAX Canada, the leading real estate organization in Canada,  and Pet Valu, Canada’s leading specialty retailer of pet food and pet-related supplies, have joined forces to make moving with pets easier. Together, the two experts in their fields have launched…