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Gerry’s Blog

Canada Housing Market Outlook to 2027

Pragmatic policy across interest rates, immigration and taxation could deliver a stable, albeit expensive Canada housing market through to 2027 RE/MAX Canada launches chapter one of Unlocking the Future: 5 Year Outlook Report in partnership with CIBC and The Conference Board of Canada This series of reports, done in collaboration with relevant area experts, will…

5 Reasons Why You Should Get Pre-Approved for a Mortgage

Buying a home for the first time is an exciting experience. While the process can be stressful at times, there are ways to limit unnecessary anxiety, and one of the most significant ways is to get pre-approved for a mortgage before you begin your house-hunting adventure. To put it simply, being pre-approved for a mortgage…

Canada’s Luxury Home Market is Skyrocketing!

Something interesting happened during the coronavirus pandemic. Many Canadian housing markets are reporting an average sales price of more than $1 million, even if the homes themselves do not look like something you’d typically expect in the luxury home market. Is it time to update the term “luxury real estate”? Perhaps. But the trend also…

New Housing Measures Expected in 2022 Federal Budget

In early April, the Canadian government is set to reveal the 2022 federal budget, with government sources telling reporters that it will be a “back to basics” document. In other words, it is a post-pandemic budget that addresses the broad array of fresh economic challenges on the other side of the public health crisis and…

Is Investing in Canadian Real Estate Still a Good Idea?

Over the last few years, investors have played a significant role in the housing boom that has taken place in the Canadian real estate market, especially in the major markets such as Toronto and Vancouver. Late last year, there was a lot of buzz when it was reported that more than one-quarter of the Ontario…

Spotlight on the Winnipeg Real Estate Market

The Winnipeg real estate market has hopped on the pandemic-era housing boom bandwagon. And while growth has been notable, it has not triggered an affordability crisis in this major urban centre. Many young families and professionals have been migrating within Canada, with hopes of purchasing residential property at a budget-friendly price. Winnipeg and other areas…

Top Tips for Making Your Home Renovation Pet-Friendly

A home renovation can be pretty exciting, especially if you’re finally in a position to make long-awaited changes. If you have pets, a home renovation is an excellent opportunity to make life easier for both you and them, with a few extra additions. Taking your pets’ habits, age and patterns into account as you plan…

Moving to a Small Town: Pros & Cons

With more and more Canadians working from home, there has never been as much flexibility to live wherever you want. No longer shackled to a desk in a big (and expensive) city, millennials are moving to a small town in search of greater housing affordability. Every decision has its pros and cons. Here are some…

Maritime Provinces Leading Canada’s Population Growth

For the first time in decades, the Maritime provinces are booming in every key performance indicator. While the coronavirus pandemic lockdowns and restrictions were a hit to the economy, Atlantic Canada benefited from changing consumer patterns that led to a significant population boom. With more people working remotely and young families seeing an opportunity to…