If you’re like most home sellers, you probably already know that working with a realtor can mean so much during the home selling process. They can make your home sell faster and for quite a bit more, but most importantly, they can make the entire process a bit less stressful. Hiring a realtor to sell…
Buying a home is a big investment, both emotionally and financially. Homeowners should enjoy their home for the reason they purchased it, whatever that might be. But they can also protect – and even enhance – the property’s resale value at the same time. Here are four ways to help resale value while reaping the…
As Canada continues to grapple with a housing crisis rooted in a persistent inventory shortage, RE/MAX Canada explores possible solutions through the idea of walkable neighbourhoods. Thus far, the National Housing Strategy announced in 2017 has succeeded in creating and repairing 213,733 units. In comparison, Canada’s population grew by more than one million in 2022. With demand perpetually…
Home prices continue to rise in Metro Vancouver’s housing market to kick off the summer. VANCOUVER, BC – July 5, 2023 – Continuing the trend that has emerged in the housing market this year, the benchmark price for all home types in Metro Vancouver increased in June as home buyer demand butted up against a…
Current housing market conditions and seasonal demand may impact how sellers prepare their property to sell this summer. Feel that summer sunshine? It’s an indicator that one of the busiest times for buying and selling homes is officially here. According to the latest RE/MAX National Housing Report, inventory remains low but the number of homes for…
According to a RE/MAX agent and interior design specialist, a home’s color palette can make a significant impact on prospective buyers. Here’s why. Using color throughout a home can be expressive, creative and hold cultural significance. But what happens to that level of personalization when it’s time to sell? According to Jeannie Do, homeowners preparing…
Buying a new home is an exciting experience, but sometimes things can go wrong. This is why the New Home Warranty for homeowners in Alberta and BC is vital to understand. The New Home Warranty protects new homeowners against defects in materials, labour, and design, and it can help provide peace of mind for those investing in a new…
The Government has confirmed that as of April 1, 2023, financial institutions will have the ability to start offering the new Tax-Free First Home Savings Account (FHSA). Under this program, prospective first-time home buyers will have the ability to save $40,000 on a tax-free basis and, like a Registered Retirement Savings Plan (RRSP), contributions will be tax…
A real estate leader on a global scale, RE/MAX® excels in a multitude of areas – one of which is global growth. Accordingly, RE/MAX – with a presence in more than 110 countries and territories – is being recognized as No. 7 on the 2023 Top 10 Fastest-Growing Franchise Worldwide list by Entrepreneur®. It’s the second year…
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Amid a fluctuating economic environment, RE/MAX Canada examined how key economic and transactional trends are likely to impact Canadian homebuyers and sellers, the real estate industry and the broader economy in 2023. Among those who may be interested in buying/selling in 2023, the housing market moderating and regaining balance is the greatest cause for optimism.…
We’ve all heard the hype: Canadian real estate is facing the deepest market correction in the last 40 years. But this isn’t the first time that experts have forecast corrections or crashes, none of which have materialized in recent history. So, let’s read between the headlines and examine some facts. “Canadian real estate prices are…
Guide to Asbestos in the Home Homes built before the 1980s could expose homeowners, their families and others to asbestos possibly hiding in cement, floor tiles, insulation, walls and pipes. Our Guide to Asbestos in the Home can help protect you and others from exposure. In the era of do-it-yourself home renovations, many homeowners are…
RE/MAX Canada Network expects Canadian housing market prices to decrease 2.2 per cent this fall RE/MAX brokers and agents anticipate prices in the Canadian housing market to ease by 2.2 per cent this fall, due to high inflation, rising interest rates and economic uncertainty Rising interest rates have prompted 44 per cent of Canadians to temporarily shelf their…
Climate change mitigation and adaptation measures must be integrated into a national housing strategy to improve neighbourhood liveability and housing affordability through to 2027 RE/MAX Canada releases chapter two on climate change, as part of its Unlocking the Future: 5-Year Housing Outlook, in partnership with Intact Centre on Climate Adaptation and Smart Prosperity Institute RE/MAX…
“Sales activity continues to slow in the face of rising interest rates and uncertainty,” said Jill Oudil, Chair of CREA. New Listings in British Columbia Increase by 5.5% Housing markets across British Columbia saw an additional 16,400 new listings added in June 2022, representing a 5.5% increase, compared to same time last year.
If you’re like most home sellers, you probably already know that working with a realtor can mean so much during the home selling process. They can make your home sell faster and for quite a bit more, but most importantly, they can make the entire process a bit less stressful. Hiring a realtor to sell the house…
Find answers to burning real estate questions (submitted by homebuyers and sellers!) in this monthly column. Home sellers have a lot of questions about the selling process. Fortunately, RE/MAX agents have the answers. Consumers recently posted their top real estate questions on Instagram and RE/MAX agents, each affiliated with an independently owned and operated RE/MAX brokerage, answered!…
The Governing Council of the Bank of Canada raised the overnight policy rate by a full 50 basis points once again today, marking the third rate hike this year. The two back-to-back half-point increases are without precedent, but so were the dramatic pandemic rate cuts in the spring of 2020. Indeed, with the surge in…
