Gerry’s Blog
The Greater Toronto Area (GTA) housing market has enjoyed immense activity. But has the growth been equal across the region? In recent years, the Durham Region housing market has joined the boom taking place in neighbouring Toronto. The sizzling conditions have become more pronounced during the COVID-19 public health crisis, with stellar price growth and…
Canadian real estate prices expected to continue rising Rumours of an imminent interest rate hike did not materialize, as the Bank of Canada opted to maintain its benchmark rate at a record-low 0.25 per cent in its scheduled interest rate announcement today. The move (or lack thereof) comes despite soaring inflation and a stronger-than-expected economic recovery….
Considered a market to watch in 2022, the city of Calgary has largely benefited from an influx of prospective out-of-province buyers over the last two calendar years. With housing prices hovering below the national average (and well below prices in larger markets such as Toronto and Vancouver) many first-time homebuyers have been flooding the Calgary…
Immigrants are drawn here in hopes of achieving the Canadian dream, whether it is a higher income or home ownership. This allows them to plant new roots in a nation consistently ranked as one of the top countries in the word, and pass on this wealth to future generations. Evidently, many families that are arriving…
Pandemic accelerated value of home ownership at luxury price points to new heights in major Canadian centres in 2021 Demand for Canadian luxury real estate shifted into high-gear from coast to coast in 2021 as both domestic and non-resident consumption of tangible assets, such as homes, reached new levels, according to a report released today…
This article was supplied by Mark Weisleder, RealEstateLawyers.ca LLP In the initial wake of COVID-19 and in the subsequent waves (we’re not into the fourth) there has been a lot of uncertainty. This fragility has extended to the housing market as many buyers and sellers found themselves either mid-deal, planning to buy or sell, or…
70 RE/MAX Affiliates Named in “Canada’s 2021 Top 100 Real Estate Professionals” ranking, 32 of the “50 Top-Rated Real Estate Teams in Canada 2021” RE/MAX® has always held that our network is the best in the industry, and now there’s even more proof to that claim. RankMyAgent.com has released its list of Canada’s 2021 Top…
The 2022 Swanepoel Power 200 (SP200) has recognized nine influential RE/MAX leaders on its respected annual list, including RE/MAX Canada President Christopher Alexander, RE/MAX Canada Executive Vice President Elton Ash, RE/MAX Holdings CEO Adam Contos and RE/MAX President and CEO Nick Bailey. The strong RE/MAX presence at the corporate, affiliate and regional levels is a testament to…
When housing market analysts discuss the British Columbia real estate market, much of the focus falls upon Vancouver, Victoria and Fraser Valley. These regions have experienced enormous gains in residential sales and average prices. Despite a sluggish recovery in the aftermath of the first wave of the coronavirus pandemic, the B.C. housing market has rebounded…
Smaller cities and towns in Ontario have become increasingly more desirable over the last two years and the provincial real estate market is undeniably reflecting this trend. Typically, smaller more remote housing markets have offered a lower cost of living and below-average housing prices, while still offering access to the amenities that residents need and…
Owning a home is a keystone of wealth… both financial affluence and emotional security.