Canadian housing market expected to remain strong this fall, despite Delta variant, say RE/MAX brokers and realtors Young families driving demand for single-detached homes in cities across the country Canadian housing market prices are anticipated to increase by 5% in the remaining months of 2021, according to RE/MAX brokers and agents. 26/29 major Canadian housing markets analyzed are...
Three experts share their tips for turning a home back into a peaceful retreat and calm hub of relaxation. “When returning home after a busy day, you really need to be in a space where you can center your mind and release stress,” says Melissa Carrington, Broker/Owner of RE/MAX Elite in New York, who also holds a degree in interior design. “A messy home can increase anxiety and stress and...
If high prices held you back from building, you are in luck, as the tables have now turned Darcy Elliott, shipping supervisor at Spray Lake Sawmills, inspects lumber at the company's facility in Cochrane, Alta. in May. (Jeff McIntosh/The Canadian Press) Homeowners who resisted the urge to renovate during the first 18 months of the pandemic may find now is their chance, as lumber prices...
In recent months, the consensus has been that the Canadian real estate market may have reached its peak. Some markets continue to enjoy record-breaking gains. Still, the broad-based trends spotlight a crucial development: the sector may be returning to some semblance of normalcy during these uncertain times. Will this finally give young Canadians hope that they can attain the dream of home...
It should come as no surprise that affordability in the Canadian housing market has become a key issue in the upcoming federal election. According to a recent RE/MAX report, 42 per cent of Canadians said the high cost of housing was preventing them from entering the housing market, and 48 per cent shared concerns over their ability to afford a home in the next two years. This concern was significantly...
Maintaining a property requires a certain amount of care. Without it, the structure may sustain damage, even if the exterior looks like it is in good general condition. There are many reasons that homeowners may have a second property. Many people deliberately choose to make the purchase, for use as a vacation home or investment property. Others have a non-owner-occupied home through marriage or...
When it comes to navigating an overwhelming, complicated or unpredictable housing market (hello, 2021!), hiring a RE/MAX real estate agent is a good first step. Here’s why. No one ever said real estate was easy. In fact, especially since March 2020, most homebuyers and sellers have probably muttered a much different sentiment under their breath. But there’s...
With interest rates reaching historic lows in a persistent seller’s market, the new-home construction industry is facing a test of successfully balancing supply and demand. In the premiere episode of the interactive series "Keepin’ It Real with Nick Bailey," RE/MAX President Nick Bailey and two guests explore all sides of the new-home construction market. The discussion covers what consumers need to...
There are so many people (who do not work in real estate) who have advice for a new homebuyer trying to find the right place. And, unfortunately, so many of those people advise against having a real estate agent, whether it’s because they have had an unpleasant experience themselves or because they think they’re saving a little bit of money. However, passing up the opportunity to form a good...
Canadians opt for more affordability and new lifestyle, flocking to recreational property market 57 per cent of markets offer properties below $500K, according to RE/MAX brokers and agents Average sale price anticipated to rise up to 30% in some recreational property markets, according to RE/MAX brokers and agents. 44 per cent of recreational property buyers are budgeting $200,000-$500,000...