Dreaming of a new home but feeling priced out? You’re not alone! A 2024 survey by Royal LePage found that 46% of Gen-Z and millennial Canadians who don’t already own a home have doubts as to whether they’ll ever be able to afford one.1 According to data from Canada Mortgage and Housing Corporation (CMHC) and […]
Home-Related Tax Deductions
Owning a home is a significant milestone — and one bonus is that it can come with significant tax savings! However, making the most of offerings like the Principal Residence Exemption can be tricky, and you may not be aware of all available tax-saving strategies. This guide rounds up the information you need about common […]
4 Home Improvement Projects with the Highest ROI
Ask any homeowner about what they would like to change about their home, and most will say, “How much time do you have? Home improvements (cue Tim Allen) or home remodeling projects can stem from a variety of motivations, like preparing your home to put on the market, adding space for a growing family, addressing […]
The 2025 Real Estate Report
The chill in Canada’s housing market could be thawing sooner than expected. Interest rates are dropping.1 Pent-up demand is building.2 Sales are starting to heat up.3 And a potentially electrifying set of mortgage rules just went into effect, making it easier than it ‘s been in years for first-time buyers with smaller down payments to […]
News You Can Use: Ottawa’s MLS® Market Making Headway
“Ottawa’s market is making headway on a long road back from the slowdown experienced in 2023,” says OREB Past-President Curtis Fillier. “Buyers have been slow to come back to the market while watching the interest rates lower, and some are waiting to see how new mortgage rules — the extended amortization period and the increased default […]
New Build or Existing Home: Which One is Right For You?
Months of inventory numbered 2.8 at the end of October 2024, compared to 3.8 in October 2023. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity..2 To put this into perspective, new housing starts haven’t been able to […]
Multigenerational Living: Finding a Home For The Whole Family
For many homebuyers, multigenerational living used to be considered an option of last resort: it was a route families took only when they needed to ride out a financial storm or care for ailing family members. But that mindset is on the decline: A growing number of families now say that they are embracing multigenerational […]
Staging to Sell: 7 Proven Steps to Attract Buyers and Boost Offers
Selling your home quickly and at the right price takes more than just listing it online. To draw in potential buyers and secure top offers, your home needs to stand out. That’s where home staging comes in. Staging to sell strategically —through redecorating, repairing, and making it look its best—you can make a lasting impression […]
7 Mistakes to Avoid When Hiring a Contractor
Embarking on home improvements can be both exciting and daunting. According to home services platform HomeStars, the national median renovation budget is around $12,000, so you’re probably considering investing a significant amount of moola—and you’ll want to ensure your project’s success. One of the most critical decisions you’ll make is choosing the right contractor to […]
Top 4 Factors to Consider When Choosing Your Mortgage
With home prices and rates still relatively high, securing a mortgage can feel daunting––even to the most experienced borrowers. But don’t let that deter you: If other homebuyers’ experiences are any indication, odds are you’ll eventually find a home loan that works well for you. In fact, research from the Real Estate and Mortgage Institute […]
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