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Has demand waned in the Kelowna real estate market this year? This is a common question that is being asked in both Kelowna and the broader Canadian housing market. With inventories limited and interest rates on the rise, some prospective homebuyers may be taking a break from shopping the market. Perhaps they are waiting for…

Governments prioritize updating national flood maps, to help Canadians buying or selling a home assess climate change-related risk more comprehensively RE/MAX Canada’s latest report looks at the Canada real estate market through a lens of climate change and the risks to homebuyers, which include displacement due to extreme weather events, higher insurance premiums and compromised…

Extreme weather events becoming more frequent and acute, impacts on Canada real estate being felt through displacement, higher insurance premiums and compromised liveability Although mitigation measures will slow the rate of a changing climate, they will not reverse the impact thus far or prevent its continued growth over time – which makes adaptation measures that…

Climate change mitigation and adaptation measures must be integrated into a national housing strategy to improve neighbourhood liveability and housing affordability through to 2027 RE/MAX Canada releases chapter two on climate change, as part of its Unlocking the Future: 5-Year Housing Outlook, in partnership with Intact Centre on Climate Adaptation and Smart Prosperity Institute RE/MAX…

The Canadian real estate market has been red-hot in nearly every pocket of the country since the start of the coronavirus pandemic, from the rural communities of Atlantic Canada to the major urban centres of Ontario and British Columbia and Prairie real estate markets. Whether this will continue in a rising interest rate environment remains…

When buying a home in the Canadian real estate market, many commonly assume that the bulk of the cost is for the home, but in reality it, it is the land that the house is built on that is of most value. The housing market is all about the land since, especially in hyper-dense cities,…

Is the pandemic housing boom slowing down? With the Canadian real estate market recording its first price drop in about two years, there is a growing expectation that the country could be on the cusp of a serious correction. But while it could be some time before sales activity returns to pre-crisis levels, many major…

You’ve assessed your finances and the housing market, and researched the various financial options open to you and your household. Then, you took the leap in applying for a mortgage – quite possibly the most significant money-related decision of your life. Now you play the waiting game. This waiting period is perhaps one of the…

The Nova Scotia real estate market has been on fire for the last two years. This has been a change of pace for an economy that has been reeling since the 1990s, crippled by a population exodus and stagnating economic growth. However, in the aftermath of the COVID-19 public health crisis, when Nova Scotia and…

Technology is evolving every day, making our daily life more efficient and enjoyable. Switching on lights, setting thermostats, operating locks, and even your fridge controls are just one voice command or a click away, thanks to “smart upgrades.” Today, installation of automated devices plays a key part in contemporary homes. However, the benefits go beyond…