Gerry’s Blog
For the last decade, including during the coronavirus pandemic, Vancouver has had one of the hottest real estate markets in the world. Much like Toronto and Montreal, many Canadians and newcomers are attracted to the Vancouver real estate market, despite soaring costs that are only intensifying amid multi-year low inventory levels. Will dwindling supply and…
The Fraser Valley real estate market, much like many other regions from coast to coast, is experiencing a housing supply crunch. The area has always been sought-after for its green space, temperate weather and its proximity to Vancouver – British Columbia’s metropolitan hub. During the recent real estate boom, the Fraser Valley housing market has…
The Hamilton-Burlington housing market has been on fire, firmly seated in red-hot seller’s territory since early 2020. Being an area that boasts a beautiful landscape – particularly given the large number of Conservation Areas – and is in close proximity to both the Greater Toronto Area and Southwestern Ontario, Hamilton-Burlington has become a desirable place…
Christopher Alexander to lead the Western & Ontario-Atlantic Canadian network of over 19,000 agents November 18, 2021, Denver CO – RE/MAX, LLC (the “Company” or “RE/MAX”) today announced that the Company has named Christopher Alexander as the President of RE/MAX Canada. Having recently completed the acquisition of the North American regions of RE/MAX INTEGRA, RE/MAX…
Is the construction industry responding to the housing affordability crisis in the Canadian real estate market, by creating more supply? For months, housing experts have held that the country needs more supply rather than “band-aid solutions” such as foreign buyer bans, taxes and restrictions. However, in an environment of historically low interest rates, it appears…
The province of Alberta has long attracted people in search of a new career, the mountains, or just a change in lifestyle. And for the better part of the last two years, many Ontario and Quebec residents have been seeking affordability and more space in the Alberta real estate market. While the Alberta housing market…
The Ontario real estate market has been on fire since the short-lived downturn in the early days of the coronavirus pandemic. From detached homes in Toronto and Ottawa, to waterfront cabins in cottage country, sales activity and price appreciation have been through the roof for the last 20 months. This activity has contributed to a…
What goes up quickly, must come down slowly… or at least that is the case for the Regina housing market. The summer of 2020 was a far cry from “normal” for a variety of reasons, however, one of the biggest differences was the dramatic shift in the real estate market. With Canadians being unable to…
The global pandemic had a dramatic impact on every segment of the Canadian real estate market. Condo sales and prices took a temporary dip while detached home sales and prices skyrocketed, as people increasingly recognized the value in bigger homes with yards. Add to this low borrowing costs and record-high savings rates, which made moving…
Technology can be a great tool, but recent news in the iBuying sphere of the broader real estate industry is further proof that algorithms can’t replicate or replace the human touch. RE/MAX has always held this principle high – our strength is our people. iBuying can been a contentious topic, for both consumers and industry…
Owning a home is a keystone of wealth… both financial affluence and emotional security.