Canadian Real Estate: Is Your Home Making More Than You Do?

Thursday Apr 22nd, 2021


How hot is the Canadian real estate market right now? It is skyrocketing so much that the Canadian Real Estate Association (CREA) is projecting that the housing market is poised to post record highs again this year. According to the association, more than 700,000 properties will change hands in 2021, up from 551,262 last year. The national average home price will surge by an annualised rate of 16.5 per cent to $665,000 this year. All this is because demand is exceeding... [read more]

Home Renovations That Buyers Want, According to RE/MAX Brokers

Monday Apr 19th, 2021


What are the home renovations that buyers want to see on the market? It’s a great question, and one you’ve likely pored over if you’re preparing to list your home for sale in the near future, or you’re embarking on a renovation with a thought to long-term resale value. According to the 2021 RE/MAX Renovation Investment Report, more than half of Canadians underwent a home renovation for personal/non-ROI purposes, with 29% choosing to renovate for non-essential... [read more]

Toronto Real Estate: 5 Takeaways from January 2021

Wednesday Feb 10th, 2021


Toronto real estate prices are expected to continue rising this year after a strong 2020. Here, we break down the January 2021 data from the Toronto Regional Real Estate Board (TRREB), and highlight some key takeaways for homebuyers and sellers across the Greater Toronto Area. January home sales were up 50% year-over-year. Demand for homes was already high last year, despite the pandemic. Buyer demand across all property types is expected to continue rising in 2021, with... [read more]

Rent Discounts in Toronto Real Estate: Another Symptom of 2020?

Tuesday Jan 19th, 2021


A year ago, the monthly rent for a typical one-bedroom apartment or condominium in the Toronto real estate market was among of the highest in the world. Supply was limited, vacancy rates were low and demand was strong. What a difference a year makes, showing just how quickly a lucrative market can change almost instantly. For the first time in what seems like forever, renters in North America’s fourth-largest city received a reprieve from rising rents, in what some people are calling... [read more]

Check Out These Affordable Real Estate Markets in Ontario

Tuesday Jan 5th, 2021


At the height of the coronavirus pandemic, many potential homebuyers sat on the sidelines, waiting for a COVID-19 discount. Activity declines dramatically in March and April, but the delayed spring market came roaring back, igniting record-setting growth for both residential sales and prices. From Halifax to Toronto to Vancouver, many of the nation’s real estate markets have reported monthly double-digit percentage gains, suggesting that a lot of Canadians potentially missed out on a... [read more]