Thunder Bay Real Estate News

Thunder Bay real estate news

REAL ESTATE NEWS: THUNDER BAY

Cabin & Cottage Trends Across Canada

Cabin & Cottage Trends Across Canada

Survey reveals Canadian Millennials’ interest in recreational property ownership higher than ever 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….

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News that Bank of Canada holds rate

Bank of Canada holds rate at 1.75%

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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Single Home Buyers Hesitant to Purchase, Despite Strong Financial Means and Low Debt

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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RE/MAX 2019 Housing Market Outlook

CANADIAN HOME PRICES EXPECTED TO INCREASE BY 1.7 PER CENT IN 2019 Modest price increases are expected in 2019, as the RE/MAX 2019 Housing Market Outlook estimates the average sales price to increase by 1.7 per cent. Housing markets across... Read More
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RE/MAX 2018 Spring Market Trends Report

NEW STRESS TEST REGULATIONS PROMPT CANADIAN HOMEBUYERS TO INCREASE BUDGETS, RE-EVALUATE HOME FEATURES OR DELAY THEIR PURCHASE. WHILE HOMEBUYERS ARE FEELING THE IMPACT OF REGULATORY CHANGES, THE SPRING MARKET FORECASTS BRIGHTER DAYS AHEAD. A recent RE/MAX survey conducted by Leger... Read More
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RE/MAX forecasts Canadian housing prices to increase 2.5% in 2018

Canadians continue to seek balance between affordability and amenities outside of major urban centres Toronto/Kelowna December 14, 2017 // This past year saw the single-family detached home and condo markets diverge on distinctly different paths in Canada’s two highest-priced real estate... Read More

RE/MAX 2018 Housing Market Outlook

THIS PAST YEAR SAW THE SINGLE-FAMILY DETACHED HOME AND CONDO MARKETS DIVERGE ON DISTINCTLY DIFFERENT PATHS IN CANADA'S TWO HIGHEST-PRICED REAL ESTATE MARKETS, GREATER VANCOUVER AND THE GREATER TORONTO AREA, AS REVEALED IN THE 2018 HOUSING MARKET OUTLOOK. The trend... Read More
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Canada’s National Housing Strategy At A Glance

The National Housing Strategy is the first of its kind in Canada, which was established to help reduce homelessness and increase the availability and the quality of affordable housing. According to Canada Mortgage and Housing Corp. (CMHC), 1.7 million Canadians are... Read More