Affordability has played a sizeable role in the decline in ownership levels in the Ottawa housing market, despite strong population growth that has pushed Ottawa’s population up over the one-million mark. Average price of a residential property in Ottawa has climbed more than 150 per cent between 2006 and 2021, according to the Ottawa Real…
Affordability continues to be the hallmark of the Calgary housing market, with the city leading major Canadian markets in terms of home ownership, despite a decline in levels in the 15-year period between 2006 and 2021. According to Statistics Canada Census Data, 70.5 per cent of Calgarians owned their home in 2021, down from 74.1…
While affordability has played a significant role in the decline of home-ownership rates in the GTA over the past decade, an assortment of secondary issues has contributed to the downturn in the Toronto housing market. The OSFI stress test, combined with land transfer taxes (especially in the City of Toronto), availability of housing supply, and…
RE/MAX offices come in all shapes and sizes, dotting Canada’s big cities and small towns, from coast to coast. But did you know that each of those RE/MAX offices is locally owned and operated by proudly Canadian broker/owners, who all serve and support their local communities in many ways? When you consciously choose to buy…
Making your home more energy-efficient is not only a smart way to reduce utility costs but also a meaningful step toward a more sustainable future. For homeowners in Canada, there are numerous programs designed to support these upgrades. With options for energy-efficient home improvement credits ranging from grants to loans and rebates, you’ll find valuable…
When winter rolls around, many people assume the real estate market goes into hibernation. But if you’re considering selling your house in the winter, there’s no need to wait. In fact, selling a house in winter vs spring comes with unique benefits. With fewer homes on the market and more motivated buyers, winter could be…
Benchmark Rate Now Sits at 3.00% In a widely expected move, the Bank of Canada implemented its sixth consecutive interest rate cut today, bringing its benchmark rate to 3% – down from its peak of 5%. This move is largely priced into the market, meaning it’s already factored into expectations. Although the tax cuts have…
More homeowners are investing heavily in kitchen remodels to refresh the look and maximize kitchen spaces. From knocking down walls to take over dining rooms and living areas to bold moves like home additions, these expansions reflect kitchen trends in 2025, where functionality and open layouts are prioritized. Kitchens aren’t just for cooking anymore; they’re…
If you’re a homeowner in Canada, you may or may not be aware of the multitude of municipal laws related to what you can and can’t do on your property. In fact, if you’ve done any research on the subject – unless you’ve scoped out your local municipality’s website or visited a government office in…
Looking for more than just a house? How about owning a slice of TV history? The iconic Breaking Bad house is now on the market for a cool $4 million USD (about $5.4 million CAD), priced at more than ten times the neighbourhood’s median value. But how often do you get a chance to buy…
Owning a home is a keystone of wealth… both financial affluence and emotional security.