Everything you need to know ahead of the 2019 Federal Election The 2019 federal election is fast approaching, and the housing debate continues to be a hot topic in the country. A national housing strategy that’s assessed annually and updated…
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As Canadians continue to struggle with high housing prices, the federal government has stepped in to help carry the weight of those hefty mortgage payments with the First Time Home Buyer Incentive. Trudeau has earmarked $1.25 billion in funding to…
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The mortgage rules aren’t as tough today as they were one week ago, thanks to the Bank of Canada’s decision to lower its five-year benchmark qualifying rate to 5.19 per cent. This marks the first downward move since September 2016,…
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RE/MAX is pleased to announce the launch of its new Home Value Estimator in Canada, in partnership with Teranet and now available to consumers on REMAX.ca. “Today’s homebuyers and sellers are savvier than ever, and most do their own research before reaching out…
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In its latest interest rate announcement, the Bank of Canada is maintaining its overnight interest rate target at 1.75%, marking its sixth straight decision to hold steady, since raising it last October. The Bank justified its decision citing an improving…
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One of your objectives as a homebuyer – and ultimately, a home seller – is to achieve the highest return on investment. A hot property value boils down to a number of factors, such as location, proximity to public transit,…
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The RE/MAX 2019 Recreational Property Trends survey conducted by Leger finds that the majority of Millennials (56 per cent) are in the market to purchase a recreational property. This is up 14 per cent from last year, when just 42…
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In a widely anticipated move, the Bank of Canada holds its rate steady at 1.75%, citing the economic slowdown in late 2018 and early 2019. This marks the fifth consecutive time that the Bank has maintained its key rate, since…
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Twenty-six per cent of single Canadians are considering purchasing a home on their own, with Atlantic Canada leading the pack at 34 per cent Fifty-two per cent of single Canadians said economic uncertainty and expensive home prices are the biggest…
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