Gerry’s Blog
Heading into 2024, home improvement trends are sharply focused on combining practicality, eco-friendliness, and technological innovation. This guide will highlight key trends, including energy-saving appliances, sustainable materials, and smart home technology for better security and ease of use. We’ll also cover versatile design ideas for multifunctional areas and wellness spaces tailored to the modern homeowner’s…
The Toronto real estate market has been at a standstill: price growth has been modest, sales activity has been solid, and residential property listings have been mixed. To close out 2023, here is what happened in December, according to new data from the Toronto Regional Real Estate Board (TRREB). Residential property sales surged nearly 12…
The consensus in the financial markets is that the Bank of Canada (BoC) is finished raising interest rates. This does not mean that the struggles of a rising-rate climate are over. In fact, two things need to be understood. First, interest rates will likely stay higher for longer. Second, because monetary policy functions with a…
Are rents in Canada spiralling out of control? While only a handful of cities across the country enjoy modest monthly rents, recent inflation data highlight that rents are growing at the fastest pace in four decades nationwide. According to Statistics Canada, the annual inflation rate rose 3.1 per cent in November, unchanged from the previous…
RE/MAX is honoured yet again on the Entrepreneur Franchise 500 list, a prestigious ranking of the top franchisor brands across all industries. RE/MAX has hit a new milestone in advancing its longstanding reputation as a leading franchisor. Its streak of consecutive years on the prestigious Entrepreneur Franchise 500 list, a ranking of top franchisor brands across…
Purchasing a home typically begins with making an offer, also referred to as the agreement of purchase. This document outlines the necessary conditions that must be met to finalize the deal. Common conditions typically include securing mortgage financing and sometimes undergoing a home inspection. The concept of purchasing a property “as is” indicates the seller’s…
If, at first, you don’t succeed in selling your house, try and try again? For many residential property owners in today’s Canadian real estate market, it can be challenging to sell a home, whether because of the listing price or higher borrowing costs. In a more balanced housing sector, relisting can be more common to…
You’ve just moved in with your significant other and couldn’t be more excited; however your new home isn’t exactly boasting the ideal look and feel you were hoping for. Decorating your new home can be a lot of fun. There’s no shortage of inspiration out there, and you likely already have an idea of the…
Canada’s real estate market is currently seeing impressive growth, making it an excellent time to think about investing. If you’re eyeing a second property, maybe a rental space or a holiday home, using the equity in your current home is one option worth exploring. But understanding the terms, risks, and benefits is key to ensuring…
The Canadian real estate market is going through an adjustment period right now. After a couple of years of meteoric growth across the entire housing sector, conditions seem to be settling, the frenzy has come to an end, and Canadian housing markets from coast to coast are regaining equilibrium. According to the 2024 RE/MAX Canadian…
Owning a home is a keystone of wealth… both financial affluence and emotional security.