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Over the last two years, a new trend has formed in many parts of the Canadian real estate market: investors accounting for a considerable portion of the broader housing sector. Indeed, with many investors purchasing single-family homes, acquiring townhomes and scooping up condominium suites, a chance at home ownership has become a challenge for many…

After two years of remarkable growth in the Canadian real estate market, the housing industry is experiencing a change. Perhaps it is a path to normalization, or maybe it is a sharp correction. Whatever the case may be, it is unlikely that Canada’s housing market will continue the meteoric growth it has enjoyed since the…

When prospective homebuyers are exploring the Canadian real estate market and searching for a residential property, many typically only concentrate on the sale price, monthly mortgage payments and interest rates. But this doesn’t tell the whole story. To get a more-accurate picture, and create a realistic budget, homebuyers should find out what are the monthly…

Regardless of where you’re buying or the market conditions, there’s one thing every homebuyer has in common: you have to make an offer to purchase a home. Whether you’re still in the browsing stages or have started to put your plan into action, as a prospective buyer, it is wise to do some legwork and…

With interest rates on the rise, many pockets of the Canadian real estate market are beginning to witness a slowdown of sorts, as borrowing costs and the mortgage stress test intensify. Does this spell the end of the housing boom or a temporary reshuffling? It’s no surprise that this conversation is happening. Since the Bank…

Vancouver Island continues to be one of the most enchanting places in British Columbia or perhaps Canada. But affordability? This is an entirely different story as prices continue to skyrocket throughout the region. Like many other parts of the western province, Vancouver Island, and its surrounding areas, including Nanaimo, Port Alberni and Comox Valley real…

RE/MAX real estate professionals believe in giving back to the communities in which they live and work, with a charitable focus on strengthening the foundation of this country’s great neighbourhoods. RE/MAX does this by lending support to valuable local initiatives, organizations and programs that make a profound difference in the care and quality of life…

The Northern Ontario real estate market has enjoyed an impressive boom for the last two years, driven by historically low interest rates and changing pandemic-induced consumer patterns. One of these places is the Thunder Bay real estate market. The municipality has enjoyed exceptional growth since the beginning of the coronavirus pandemic, allowing the city to…

You may remember from your childhood, watching adults in your neighbourhood or at friends’ houses working in their garden. It may have been a hobby or a necessity to feed the family. Regardless of the reason, growing your own food in a garden is a great way to save money at the grocery store, and…

Homeowners have felt the financial pinch of flooding and thus, have questions about floor insurance. Flooding has surpassed forest fire as Canada’s top cause of property damage. Six per cent—and up to 10 per cent—of homes across Canada are already uninsurable for flood risk. As major floods have become more common in communities across Canada…