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CRUSH Real Estate Penticton

Has the Canadian Real Estate Market Peaked?

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...

2021 RE/MAX Recreational Property Report

Cabin & Cottage Trends Across Canada (2021).

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...

Crush Real Estate Penticton

RE/MAX Canada releases insights in key global markets amidst the COVID-19 crisis.

Canadian Real Estate Market Sentiment 56 per cent of Canadians who are planning to engage in the real estate market say they expect to do so within less than a yearAlmost half (44 per cent) of Canadians believe that the real estate market will bounce back to the strength it was before COVID-19 by 202129 per cent of Canadians believe that before the end of 2020, the Canadian housing market will return...

Crush Real Estate Penticton

Canadian Real Estate and the New Mortgage Rules.

Canadian real estate has been a tough nut to crack for some homebuyers, and those with less than 20 per cent as a down payment now face another challenge, with Canada Mortgage and Housing Corp.’s (CMHC) tighter qualification rules for borrowers of high-ratio mortgages. This move is in response to the global pandemic that has left many Canadians vulnerable. The changes, which include lower debt...

Crush Real Estate Penticton

Why is Real Estate an Essential Service?

With social distancing advisories and non-essential business closures in place, many people – some realtors included – are scrutinizing whether real estate is an essential service as it has been classified in many regions across Canada and the US. Those who argue against the essential classification are coming from a good place, with hopes that more-stringent lockdowns will stop the spread of...

Arizona hot air balloon ride.

While visiting Arizona this past week for a Real Estate conference a few of us decided to take an evening hot air balloon ride and watch the sun go down. I thought it would be scary considering I'm hanging out in a wicker basket with only a balloon and a flame to keep us in the air but turns out it was one of the most amazing experiences I have ever had. It felt extremely safe and offered...

Quest for excellence 2019

ATTENTION GRADE 12 STUDENTS!

You could win one of sixteen $1,000 bursaries and a chance to win a RE/MAX Hot Air Balloon ride for two!   OPENS:September 10th, 2018DEADLINE:March 11th, 2019, midnightWinners will be notified in April 2019 and posted on remax.ca! Who can participate?Grade 12 students attending high school from September 2018 to June 2019.Grade 12 students may not have participated in...

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