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Downsizing empty nesters, retirees and first-time homebuyers fuelled steady demand in the Ottawa condo market in 2024, but the number of condominium apartments and walk-ups sold between January and August fell short of year-ago levels, according to a new report by RE/MAX. The Ottawa Real Estate Board reported just over 1,400 condominium apartments changing hands…

Demand in the Greater Toronto condo market has softened year-over-year, with sales off 2023 levels by eight per cent, according to a new report from RE/MAX. The 2024 Canada Condominium Report reveals that close to 16,800 condo apartments and townhomes changed hands between January and August 2024, down from 18,263 sales during the same period…

. Forward looking statements This report includes “forward-looking statements” within the meaning of the “safe harbour” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “believe,” “intend,” “expect,” “estimate,” “plan,” “outlook,” “project,” and other similar words and expressions that predict…

. About the RE/MAX Network As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 140,000 agents in almost 9,000 offices with a presence in more than 110 countries and territories. RE/MAX Canada refers to RE/MAX of Western Canada (1998), LLC and RE/MAX Ontario-Atlantic Canada, Inc., and RE/MAX…

As the beautiful autumn leaves give way to the chill of winter, many Canadians are faced with the task of closing their cottages for the season. Preparing it for the harsh winter months is crucial to preserving its condition and ensuring a stress-free opening when spring arrives. With tips specifically for Canadian cottages, here’s everything…

Several ways to spruce up your home and increase its value include updating the kitchen, a bathroom makeover, or adding a fresh coat of paint. However, one of the most impactful changes you can make is updating your flooring. If you’re considering this but aren’t sure where to start, you’re in the right place. Flooring…

Staging has been a big deal in real estate for a long time, but it’s way more than just putting some nice furniture in a home for sale. If you want to get top dollar, you need to prep your home to match what today’s buyers are looking for. This means taking a good look…

For many first-time homebuyers in Canada, the thrill of purchasing a new home is an exhilarating milestone. The excitement of finding the perfect property, envisioning future memories, and finally securing the keys can be incredibly rewarding. However, real financial shock often comes after the purchase when people realize the hidden costs of owning a home….

Benchmark Rate Now Sits at 4.25% In a widely expected move, the Bank of Canada has continued the downward trajectory for its benchmark interest rate, reducing it by another quarter point to 4.25%. This marks the third interest rate cut in a row, following a 25-basis point cut in June and another in july, thanks…

Treat Accessibly aims to recruit 400,000 homes by 2025 – one for each of the 400,000 Canadian children who lives with a disability RE/MAX Canada is proud to announce its continued support of Treat Accessibly in 2024 – a movement that strives to raise awareness and encourage homeowners and communities to celebrate Halloween in a…