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How many economists and market analysts anticipated the Canadian real estate market would experience a crisis when the Bank of Canada (BoC) announced it would begin raising interest rates? Roughly two years later, the nation’s housing market has remained intact, although there have been pockets of weakness across the country. But the current housing landscape…

Buying land, like any significant purchase, can seem daunting if you’ve never done it before and don’t know the rules of the game. As a commercial real estate investment strategy, you can buy a plot during a dip and sell it when the market rebounds, hold it and hope for an even bigger pay-off further…

Bank of Canada Holds Interest Rate at 5% The Bank of Canada has held its benchmark interest rate at 5%, marking the fifth consecutive pause after a tightening campaign in 2023 aimed at easing high inflation. It appears to be working, with the inflation rate easing back to 2.9 per cent in January, however underlying…

Looking to diversify your commercial real estate portfolio? Now could be the moment to explore opportunities in Canada’s hospitality industry, particularly the hotel sector. After suffering huge losses due to travel restrictions and lockdowns during the COVID-19 pandemic, the hotel industry in Canada has notched a recovery that few thought was possible. When restrictions were…

The Prairies continue to offer Canadian homebuyers something they have been craving for a long time: Housing affordability. The Saskatchewan and Manitoba real estate markets are still enjoying low-priced residential properties, especially compared to other places in the Canadian housing industry. In Manitoba, for example, the average sales price for a home in November was…

Purchasing real estate is a huge step – regardless of which city. If you’re considering Lethbridge, it’s crucial to weigh the pros and cons of living there before purchasing real estate. Located in Southern Alberta, Lethbridge boasts beautiful local attractions, restaurants, and more. While there are plenty of good reasons to live in Lethbridge, there…

When you’re thinking about adding on to your home, good planning is key. You’ll need to tackle a few challenges head-on, like getting to know the zoning laws, setting a realistic budget, designing something that blends well with your house, and picking the right contractor for the job. By laying a solid foundation in the…

Paying property taxes is an essential responsibility for homeowners, as these funds support local government services and infrastructure. When it comes to managing property taxes, homeowners often face the decision of whether to pay them directly to the tax authority or through their mortgage lender. This choice can have significant implications for budgeting, convenience, and…

Will interest rates come down in 2024? This has been the million-dollar question for the Bank of Canada (BoC). For investors, it is almost certain that the central bank will start pivoting on monetary policy and pulling the trigger on rate cuts. Indeed, now that inflation is inching closer to the institution’s 2 percent objective…

Whether you’re a seasoned real estate investor looking to expand your portfolio or a first-time home buyer interested in income-generating assets, investing in rental properties can be a lucrative venture, providing a steady stream of income and potential long-term wealth. With the right strategy, you can uncover promising rental properties that align with your financial…