Gerry’s Blog
2024 Ottawa Commercial Real Estate Trends While stability characterized first-quarter activity in the Ottawa commercial real estate market this year, improvement has been noted in the second quarter as investor appetite for commercial properties grows, according to the RE/MAX 2024 Commercial Real Estate Report. Industrial continues to be the city’s top-performing asset class, with demand…
2024 Halifax Commercial Real Estate Trends Interprovincial and foreign investors continue to play a substantial role in the Halifax commercial real estate market, sparking demand for the city’s industrial, multi-family, retail and to a lesser extent, office properties in the first quarter of the year, according to the RE/MAX 2024 Commercial Real Estate Report. The…
2024 Saskatoon Commercial Real Estate Trends The Saskatoon commercial real estate market continued to experience strong demand for multiple asset classes in the first quarter of 2024, with transaction volume for existing businesses, hotels and farmland on the upswing as local and interprovincial investors enter the market, according to the RE/MAX 2024 Commercial Real Estate…
2024 Edmonton Commercial Real Estate Trends Unprecedented immigration and interprovincial migration into the province have contributed to a strong economic performance over the past year, underpinning vigorous commercial expansion in both the multi-family and industrial asset classes throughout Edmonton and the surrounding areas, according to the RE/MAX 2024 Commercial Real Estate Report. Demand for rental…
Bank of Canada Drops Interest Rate at 4.75% In a widely expected and long awaited move, the Bank of Canada has cut its benchmark interest rate by a quarter point, to 4.75%. This is the first sign of interest rate relief in four years for financially stretched Canadians, due to cooling inflation and weaker-then-expected economic…
It’s a question more homebuyers and owners have been asking: how will the BoC interest rate impact my mortgage? The Bank of Canada’s interest rate roller-roaster ride began in 2020, with a trio of interest rate cuts in response to the pandemic-induced economic shut-down, followed by a tightening campaign over the last year, in an…
Canadian summers offer ample opportunities to enjoy the warm weather, from lakeside gatherings and cottage weekends to neighbourhood barbecues and outdoor sports. Summer is also an ideal time for buying and selling homes, with the busy season often stretching from the Victoria Day weekend in May to Labour Day in early September. Selling your home…
Let’s be honest: There is a lot of uncertainty in the current Canadian real estate market. Are home prices climbing, rising, or stagnating? Where will mortgage rates be by the end of the year? Will economic conditions improve as 2024 progresses? Indeed, there are many variables that buyers and sellers need to think about as…
Avoid the cost and chaos of a major renovation and transform your space into a luxurious home with these simple steps. Money may be tight, but you can still live the luxe life. 5 Thrifty Ways to Make Your Home Feel More Luxurious Clean Off Surfaces The first step to making a space feel more…
If you are interested in real estate as an investment, or you want to diversify your real estate holdings, commercial real estate might be for you! With commercial real estate, you can earn a steady income and still have the potential to earn a great return when you sell. The idea of buying a commercial…
Owning a home is a keystone of wealth… both financial affluence and emotional security.