Gerry’s Blog
How much does it cost to live in Toronto? If you wish to live in the heart of North America’s fourth-largest city, you should be aware that the average price for a home in the Toronto real estate market was $1,114,267 (January 1-October 31, 2024). Put simply, it takes plenty of capital to live in…
Over the last year, many cases of condominium special assessments have occurred. From Calgary to Toronto, real estate markets across the country are seeing a rise in tenants facing a special assessment on a condo suite. This is forcing many owners to endure thousands of dollars in extra costs or sell their suites for below-market…
If you’ve wondered how much it costs to build a house in Canada, you’re not alone. While housing supply has improved across many Canadian real estate markets, inventory is still far below the historical averages in major urban centres, suburbs, and rural communities. Is purchasing a resale residential property or buying bare land and building…
The average sale price in the Kenora housing market has increased by 2.1 per cent across all property types between 2023 and 2024, from $318,688 to $325,271. The number of sales transactions increased by 1.8 per cent for the same time period, rising from 2,030 sales in 2023 to 2,067 sales in 2024. Meanwhile, the total…
The average residential sale price in Fredericton/Oromocto housing market has increased by 6.2 per cent across all property types between 2023 and 2024 from $320,378 to $340,320. The number of sales transactions increased by 4.25 per cent for the same period (from 1,954 to 2,037). The total number of listings increased by 8.5per cent (from 2,668…
The average sale price in the Simcoe County housing market has decreased by 0.7 per cent across all property types year-over-year, from $810,249 in 2023 to $804,250 in 2024. The number of sales transactions decreased by 29.7 per cent for the same time period, from 2,361 units sold in 2023 to 1,659 sales in 2024….
The average sale price in the Edmonton housing market has increased by 7.7 per cent across all property types between 2023 and 2024 from $400,833 to $ 431,839. The number of sales transactions has also increased by 27.5 per cent during the same time period (from 19,799 home sales in 2023 to 25,252 home sales in…
The average sale price in the Calgary housing market has increased by 3.7 per cent across all property types between 2023 and 2024, from $571,600 in 2023 to $592,500 in 2024. The number of sales transactions remained steady during the same time period, with a slight increase of 0.1 per cent, from 2,171 units sold in…
Why work with a RE/MAX agent? Here are just a few very compelling reasons. Buying or selling a home is one of the biggest decisions you’ll ever make. Working with an agent that’s trustworthy and reputable, with the skills and experience required to navigate the ever-changing Canadian housing market makes all the difference. But with…
RE/MAX is proud to join the Western Hockey League in a third season of RE/MAX Presents: Nickelodeon Nights for Children’s Miracle Network. The charitable initiative debuted during the 2022-23 WHL Regular Season, driven by RE/MAX in partnership with Paramount Global, the parent company of global kids and family brand Nickelodeon. The first two seasons of…
Owning a home is a keystone of wealth… both financial affluence and emotional security.