Friday, February 2, 2024 @ 1:34 PM
Posted By: Josie Attardo & Alex Stoller
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With a new year now underway, Canadians can expect to see a variety of changes coming to federal, provincial and local government housing legislation in 2024. From updated taxes to revised urban planning regulations, new housing laws and policies will roll out across the country in the coming months. Several
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Category: Real Estate
Tags: Real Estate Market,Snapshot,Home,Market Trends
Monday, January 15, 2024 @ 12:17 PM
Posted By: Josie Attardo & Alex Stoller
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High interest rates have caused many homebuyers and sellers to push pause on their real estate plans over the last six months, significantly curtailing overall activity in housing markets across the country. However, as Canadians continue to adjust to higher borrowing costs, and the first anticipated rate cut by the
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Category: Announcements
Tags: Real Estate Market,Snapshot,Home,Market Trends
Monday, November 27, 2023 @ 11:38 AM
Posted By: Josie Attardo & Alex Stoller
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On November 21st, the Government of Canada unveiled its 2023 Fall Economic Statement , an annual fiscal report that provides an update on the state of the Canadian economy and the government’s plans for future spending. The report – acutely focused on Canada’s housing affordability and supply crisis –
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Category: Real Estate
Tags: Real Estate Market,Snapshot,Home,Market Trends
Thursday, August 31, 2023 @ 1:37 PM
Posted By: Josie Attardo & Alex Stoller
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High property prices, elevated interest rates and the rising cost of living has prompted many Canadians to rethink their lifestyle and housing needs. For some, this means pooling financial resources with other family members and friends in order to gain access to the housing market. By co-owning a property (with
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Category: Real Estate
Tags: Real Estate Market,Snapshot,Home,Market Trends
Thursday, August 17, 2023 @ 1:11 PM
Posted By: Josie Attardo & Alex Stoller
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Every now and then, you may look at your kitchen and feel that it needs a facelift to bring it up to speed with current design trends. Thankfully, upgrading your home doesn’t have to break the bank, or require a major construction overhaul. Even small updates like switching out cabinet
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Category: Home Improvement
Tags: Real Estate Market,Snapshot,Home,Market Trends,Home Improvement,Buying & Selling
Thursday, July 13, 2023 @ 11:34 AM
Posted By: Josie Attardo & Alex Stoller
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Canadians continue to grapple with the increased cost of living, and the Bank of Canada’s latest hike to interest rates this week will add more pressure to variable rate mortgage holders, as well as those looking to qualify for lending. While buyers who have secured a rate hold are anxious
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Category: Real Estate
Tags: Real Estate Market,Snapshot,Home,Market Trends
Wednesday, March 22, 2023 @ 10:27 PM
Posted By: Josie Attardo & Alex Stoller
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Climbing interest rates have given many Canadian homebuyers reason to pause their purchase plans over the last year. Nearly one quarter of Canadians (24%) were in the market for a new home this past year, and 63% of them say they postponed their plans due to rising rates, according to
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Category: Real Estate
Tags: Real Estate Market,Snapshot,Home
Monday, January 16, 2023 @ 9:31 PM
Posted By: Josie Attardo & Alex Stoller
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For the first time in more than a decade, the aggregate price of a home in Canada posted a year-over-year decline in the fourth quarter of 2022. According to the Royal LePage House Price Survey, the aggregate price of a home in Canada decreased 2.8% year-over-year to $757,100 in the
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Category: Real Estate
Tags: Real Estate Market,Snapshot,Home
Tuesday, December 13, 2022 @ 8:39 PM
Posted By: Josie Attardo & Alex Stoller
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While home prices in many real estate markets across Canada have recorded modest declines over the last few quarters, largely due to the rising cost of borrowing, the rate of decline has slowed. With the expectation that the Bank of Canada’s interest rate hike campaign is coming to a close,
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Category: Real Estate
Tags: Real Estate Market,Snapshot,Home,Market Trends
Tuesday, April 19, 2022 @ 6:58 PM
Posted By: Josie Attardo & Alex Stoller
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Royal LePage has increased its 2022 forecast following record price gains in the first quarter of 2022. The aggregate price of a home in Canada is expected to be 15% higher in the fourth quarter of this year compared to the end of 2021, following a supercharged start to the
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Category: Real Estate
Tags: Real Estate Market,Snapshot,Home