Gerry’s Blog
Brandon is the second largest city in Manitoba after its neighbour to the east, Winnipeg. Known as the Wheat City, it has its roots as an agricultural town and is a close-knit community that maintains a small-town feel. It is consistently voted among the top 10 best places to live in Canada by Money Sense…
When you sit down to begin planning a home renovation, it can be easy for the costs to add up. No matter the budget you set, you will always end up going over (make sure you add that 10 to 20 percent cushion!), so the more you can save in various costs, the better off…
More seniors are trying to age in place than ever before. This is partially due to the rising costs of long-term care and the decreasing availability of retirement homes. Plus, many simply want to remain in the homes where they have raised their families and have memories. Technology and a wider availability of services have…
Is the Canadian real estate market still a great way to invest? Over the last year, it has been a challenging time trying to navigate Canada’s housing sector. Since the Bank of Canada (BoC) started raising interest rates this past spring, home sales and prices began retreating from their pandemic-era boom. In November, national home…
Bank of Canada Puts Pause on Interest Rate Hikes After 8 In a Row As was widely anticipated, the Bank of Canada has announced today that it is holding its trend-setting interest rate at 4.5 per cent. This undoubtedly comes as welcome news to homebuyers and those who have a variable-rate mortgage. It is the…
RE/MAX® Canada is pleased to announce it is an Official Partner of the WNBA Canada Game presented by Tangerine. This milestone event marks the first-ever WNBA preseason game to be held in Canada will be taking place on May 13, 2023, at Scotiabank Arena in Toronto. RE/MAX Canada is proud to celebrate and empower women…
According to a RE/MAX Canada survey of Canadians, 16 per cent said they want to enter the housing market, or sell in order to “move up.” The high cost of real estate has made entering the market a challenge for many first-time homebuyers, but thanks to well-timed purchases and considerable equity gains, move-up buyers are…
A mobile home, sometimes called a manufactured home, is made entirely in a factory and moved to the desired location instead of contractors building the home onsite. Mobile homes are not necessarily truly mobile since they are semi-permanent but have mobile capabilities when necessary. Most mobile homes in Canada are either single-wide or double-wide. Single-wide…
While all Canadians are affected by rising housing costs, British Columbia leads the country as the province with the highest rate of unaffordable homes, followed closely by Ontario. Although the number of people paying high rent to live in downtown Vancouver is a significant factor, Vancouver Island is another part of the province that has…
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 is coming to an end, and Canadian housing markets from coast to coast are returning to equilibrium. According to the Canadian Real…
Owning a home is a keystone of wealth… both financial affluence and emotional security.