Bryan Yu: B.C. housing market showing signs of marginal improvement
Western Investor
B.C.’s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in the last few months as buyer sentiment shifted amid interest rate uncertainty. Read more…
Top 5 Summer Curb Appeal Tips
Remax Blog
As the famous saying goes, don’t judge a book by its cover – except, of course, when we’re talking about real estate. When buyers are hunting for their dream home, curb appeal can be the deciding factor on whether or not they want to take a closer look inside. Here are five curb appeal tips to set your listing apart from the others on the block. Read more…
Remax Blog
In the face of an ever-challenging housing market, Canadians are getting creative with how they acquire their first homes. Recognizing the hurdles of high property prices and the complexities of securing a mortgage individually, many first-time homebuyers are now exploring the prospect of buying homes with friends. This trend represents an inventive approach to homeownership, pooling resources to overcome financial barriers.
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Financial Planning Tips for First-Time Home Buyers
Remax Blog
Canadian homebuyers were taken by surprise after it was reported that the Canada Mortgage and Housing Corporation (CMHC) terminated the First-Time Home Buyer Incentive, also known as the FTHBI. As of March 31, the CMHC announced that “no new approvals will be granted.”
While a chorus of industry experts asserted that the program possessed its flaws, others concede that the five-year-old initiative was one of several tools to help young families and households achieve the Canadian dream of homeownership. Read more…
Canada Will Not Apply Capital Gains Tax to Primary Residences in New Budget
Remax Blog
The federal government will not apply the controversial capital gains tax hike to primary residences, Ottawa announced on April 16 when unveiling the 2024 budget. For weeks, there had been speculation that Prime Minister Justin Trudeau and his Liberal government would introduce a levy on homeowners. Read more…
RE/MAX Named 2023 CMN Hospitals Canadian Partner of the Year
Remax Blog
RE/MAX is honoured to have been named Canada’s Children’s Hospital Foundations 2023 Canadian Corporate Partner of the Year. Read more…
2024 Federal Budget: Key Takeaways for Housing
Remax Blog
Prime Minister Justin Trudeau and his Liberal government unveiled the $480.5 billion federal budget for 2024. Inside the 400-page-plus budget includes more than $52 billion in new spending over five years that courts a wide array of voters heading into next year’s election. While the budgetary blueprint proposes various support payments, tax increases, and finance programs for Indigenous communities, Ottawa is also looking to tackle the housing file with nearly $9 billion in new spending. Read more…
The Miracle Home and Miracle Commercial Project
Remax Blog
RE/MAX real estate professionals believe in giving back to the communities in which they live and work, with a charitable focus on strengthening the foundation of this country’s great neighbourhoods. RE/MAX does this by lending support to valuable local initiatives, organizations and programs that make a profound difference in the care and quality of life for Canadians, such as Children’s Miracle Network (CMN), through the Miracle Home Program and Miracle Commercial Property Program. Read more…
Negotiating Tips for Sellers: Getting What You Want
Remax Blog
Now that mortgage rates could finally be easing from their two-decade highs, you are considering posting a ‘for sale’ on your front lawn. Many Canadian real estate market experts believe that now is an opportune time for homeowners to list their single-family homes or row houses on the open market, with more buyers returning to the marketplace to achieve the Canadian dream. Read more…
A Look at the Spring Housing Market
Remax Blog
It’s that time of the year: the birds are chirping, the buds are blooming, and the Bank of Canada (BoC) is on the brink of cutting interest rates. This is also the time of the year for a busy Canadian real estate market when prospective homeowners are searching for a new place to call “home.” Will this year’s spring housing market be a repeat of the past? It depends on whom you speak to. Read more…
Avoid These Common Mistakes Made by First-Time Home Buyers
Remax Blog
Buying a house is a big deal for many of us. Owning a home is the ultimate symbol of personal success. It’s the reward for years of hard work, smart planning, and sticking to your financial goals. It means finally having a space that’s all yours—a place where you can kick back, grow, and make countless memories. Read more…
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