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The Central Alberta real estate market is experiencing mixed housing conditions across multiple jurisdictions across the region. Some regions are witnessing steady sales activity, some are reporting declining home prices. Indeed, in a rising interest rate climate, it was expected that Alberta real estate would begin to experience some cooling, especially after the province’s top…

All across Canada, condominiums are being constructed on every corner, particularly in major urban centres. In fact, it was recently reported that the Toronto real estate market had the greatest number of cranes in the air, topping that of New York City and Tokyo. Impressive. During this phase, many people purchase pre-construction condo units. By…

If you have moved into a new home and the previous owners were smokers, you may find that the house needs to eliminate the smell of cigarettes. The goal here is not to mask the smell but to get rid of it. Air fresheners can help for a short time, but they are not a…

It is estimated that nearly half of Canada’s population resides in Ontario. Many individuals flow into the province, especially into the Greater Toronto Area (GTA), whether for employment opportunities or newcomers to Canada seeking their cultural communities. This has led to a robust Ontario real estate market, with skyrocketing demand and lacklustre supply. Is it…

The Canadian housing market is experiencing a correction. Whether conditions escalate remains to be seen. Still, the Bank of Canada’s path to policy rate normalization is weighing on the real estate industry. But while multiple housing markets – from major urban centres to rural communities – are experiencing some pain right now, some others seem…

If you’re shopping for a home, selling one, or are simply curious about the market, it can be interesting to look at historical sold home prices. Until recent years, data on prices and the history of a property could not be published by any brokerage or agent. However, this is changing. Sold home prices are…

When mortgage interest rates were on a downward trend in the early days of the coronavirus pandemic, a variable mortgage rate made sense. With no signs of tightening on the horizon, the housing market boomed at extraordinary levels never seen before. Now that interest rates are rising as the central bank attempts to rein in…

Should I get a home inspection? A careful mind always answers “yes” but under certain market conditions, some homebuyers may be tempted to bypass this critical step in the purchasing process. It could be a competitive seller’s market, or the immediate “feels” you get when you find a home that could be “the one.” From…

Being able to move around in our homes is something that many of us take for granted. Still, for those with physical disabilities, a home can present daily challenges because most houses haven’t been designed in a way that consider their needs. It is becoming more common for homes to be built with physical disabilities…

What is a clean offer? This term actually has nothing to do with housework. Below, we answer some of important questions about what a clean offer is, how to go about presenting a clean offer, and the risks and benefits of making one. What is a clean offer? A clean offer is an offer to…