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No Nosedive Ahead for Canadian Real Estate Prices

Friday May 22nd, 2020

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No Nosedive Ahead for Canadian Real Estate Prices: RE/MAX May 22nd, 2020 View Larger Image     Canadian real estate kicked off 2020 with a bang, but there are conflicting opinions as to how we’ll finish out the year. Canada’s federal housing agency has warned that average house prices could fall by up to 18 per cent over the next 12 months – a dismal prediction that’s being challenged by RE/MAX... [read more]

Canadian Real Estate and the New Mortgage Rules

Monday Jun 29th, 2020

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Canadian Real Estate and the New Mortgage Rules   View Larger Image     Canadian real estate has been a tough nut to crack for some homebuyers, but those have less than 20 per cent as a down payment are about to face another challenge as Canada Mortgage and Housing Corp. (CMHC) tightens the qualification rules for borrowers of high-ratio mortgages. This move is in response to the global pandemic that has left many... [read more]

Your July Real Estate Update

Friday Jul 3rd, 2020

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    We hope you’re enjoying the summer so far. Things are slowly starting to get better and it’s encouraging to know that our collective efforts over the past few months are paying off. While we’re not out of the woods yet, we are seeing progress. As things continue to improve, you might have some questions about the local real estate market. Are homes... [read more]

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