Fiscal update includes loans for housing developers, affordable housing fund: source
From The Pique News Magazine
OTTAWA — Finance Minister Chrystia Freeland is set to present the fall economic statement on Tuesday, a document that will make billions in loans available for homebuilders and earmark a fund for affordable housing. Read more…
Real estate lenders await certainty as borrowers seek cash
From Western Investor
Two years of rising interest rates may have come to a stop – or they may not, given the mixed signals in the latest Bank of Canada statements and communications from central banks elsewhere. Read more…
Data points: Expect a chilly winter for real estate as prices stick and sales drop
From Western Investor
Home values in B.C.’s Lower Mainland remained surprisingly resilient through October despite high mortgage rates.
However, housing affordability issues have set the stage for a challenging winter ahead for the real estate sector. Read more…
Kirk LaPointe: B.C. housing strategy will not put affordable homes within reach
From Western Investor
In its first half-dozen years, the provincial gestures on housing have been what the Texas ranchers refer to all hat and no cattle.
In any other political scenario than the poll-leading one in which the BC NDP finds itself, its five-pack of legislation in recent weeks would be considered the Hail Mary pass of a desperate government – the equivalent of what we’re seeing with Justin Trudeau’s Maritime manoeuvre on home heating oil. Read more…
Elizabeth Murphy: BC NDP housing bills need to be withdrawn
From Western Investor
British Columbia is in the process of major legislative changes that take over municipal planning authority without a prior consultation process for municipalities or the public. Read more…
Five things to watch for in the Canadian business world in the coming week
From Western Investor
TORONTO — Five things to watch for in the Canadian business world in the coming week:
Purchasing Foreclosure Properties in Canada – Risks and Rewards
From Remax blog
Purchasing a property is a significant decision that involves carefully considering various factors, including location, condition, and price. For some buyers seeking unique opportunities in the Canadian real estate market, foreclosure properties present an alluring prospect. Read more…
Home Buying Wants vs. Needs Checklist
From Remax blog
The journey of buying a home is an exciting and pivotal moment in many people’s lives. It marks the beginning of a new chapter, a place to call your own and a space where memories are made. However, before you embark on this adventure, it’s essential to recognize the distinction between your home buying needs and wants. Read more…
Condo Maintenance Fees Climbing
From Remax blog
For young families, condominiums have become reliable alternatives for homeownership, particularly in major urban centres. In Toronto, for example, the average selling price for a detached house is north of $1 million. By comparison, the average sales price for a condo suite is around $750,000. This is huge savings for the typical household residing in North America’s fourth-largest city. Read more..
Are Brick Homes More Energy Efficient?
From Remax blog
Are Brick Homes More Energy Efficient? When you’re in the market for a new home, it’s natural to zero in on the ideal neighbourhood, the right number of bedrooms and bathrooms, a kitchen designed for hosting memorable gatherings, or a spacious backyard for the children. But one equally important yet often overlooked quality is energy-efficient homes. Read more…
Advantages of Living in a Townhouse
From Remax blog
When finding a place to call home, the choices can be overwhelming. From detached houses to condos, each option has its advantages and drawbacks. Townhouses have become increasingly popular in the real estate market, offering a unique blend of affordability, convenience, and community living. Read more…
The Benefits of Selling a House in the Winter
From Remax blog
Many people assume that selling a house in the winter is not the most ideal, but this perspective overlooks the unique opportunities that the season can bring. Far from being a liability, the winter months offer specific market dynamics that can play to your advantage. Read more…
5 Things to Consider Before Moving to Canada
From Remax blog
Moving to a new country is a significant life change that comes with rewards and challenges. Canada is a country that prides itself on a mosaic of cultures and the strong support it provides to newcomers, especially through its progressive immigration policies. It’s this blend of opportunity, community, and quality of life that contributes to Canada’s high ranking at the 13th spot on the World Happiness Index 2023. As you contemplate moving to Canada, it’s wise to consider a variety of factors that will influence your experience in embracing Canada as your new home. Read more…
How Climate Change Is Affecting Home Insurance
From Remax blog
As the world grapples with the effects of climate change, one undeniable outcome is the amplification of extreme weather events. Burning fossil fuels, deforestation, and industrial processes have led to a considerable increase in greenhouse gases, such as carbon dioxide and methane, in the Earth’s atmosphere. Read more…
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