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The NB real estate has been booming over the last couple of years, propelled by interprovincial migration, historically low interest rates and shrinking inventories. Although sales activity has eased year-over-year, residential property transactions remain above historical averages, according to the New Brunswick Real Estate Association (NBREA). In January, home sales tumbled at an annualized rate…

We’ve all seen the headlines across the globe proclaiming the rise of cryptocurrency, and the pandemic has accelerated that growth, with many coins reaching all-time highs. Even mainstream investors are getting into the cryptocurrency game, adding bitcoin and other cryptos to their portfolios. With more people invested in bitcoin, some real estate agents are hearing…

House insurance is critical. However, it is an added cost that sometimes people forget about when purchasing a home. While it isn’t necessarily against the law in Canada to not have home insurance when you own a home, most if not all financial institutions and lenders will ask for proof of insurance before approving your…

When you buy a house and take out a mortgage, you make regular payments on that loan until it is totally paid off. A portion of each payment goes toward interest, and the rest goes toward the principal amount borrowed. As the principal on the loan gets paid down and the value of your home…

You are about to make a move to a home that better fits your lifestyle. Congratulations, it’s an exciting time! But before you can do that, you need to sell your home. The goal of any seller is to get the highest sale price in the least amount of time. If that is your goal,…

Ontario real estate is more expensive, and thus, less attainable than ever. In an effort to cool the hot housing market, the Ford Government has increased and expanded its foreign homebuyer tax, effective today. The Non-Resident Speculation Tax (NRST) first took effect in 2017 as a 15-per-cent tax applied to properties within the Greater Golden…

Just like a pegasus soaring across the sky during rush hour, the new 2022 RE/MAX “Your Unfair Advantage” campaign will be hard to miss as it hits the streets and screens across Ontario, Atlantic and Western Canada this spring. This new work is a step in modernizing the RE/MAX brand, aimed at sparking interest among two…

Deployment of taxes has been front and centre as a tactic to calm Canadian housing market, but removing capital gains tax exemption on principal residences could turn market from hot to cold What could the Canadian housing market look like in the next five years if governments consider further short-term taxation measures on homeowners as…

Interest rate increases at a reasonable schedule of four times a year would create a stable and more relaxed environment for Canada real estate over the next five years How might the affordability of real estate in Canada be impacted if interest rates continue to climb over the next five years? It could be good…

Current immigration policy could be more clearly linked with national labour market demands, especially relating to construction trades, potentially addressing supply issues within Canadian real estate market, driven by skill shortages With an increase in new Canadians settling in urban centres, what will the supply and demand dilemma look like in the Canadian real estate…