Apr 9, 2022 | BLOG, Buying, Home Maintenance, Real Estate Market Stats
The first warm days are upon us and with a few announcements from the Bank of Canada about interest rate increases, the spring market across Canada is seeing an uptick of listings, which is a welcome sight to buyers who have been waiting in the wings. Here in Southern...
Apr 4, 2022 | BLOG, Real Estate Market Stats, Selling
NP Homes, What it Went For, Mar 26 2022 what it went for $2.503 MILLION Co n n i e Adair The Blue Mountains 117 Aspen Way (The Blue Mountains) Asking price: $1.989 million Sold for: $2.503 million Taxes: 6,596 (2021) Bedrooms: 4+2 Bathrooms: 3+1 Square footage: 2,714...
Apr 2, 2022 | BLOG, Buying, Real Estate Market Stats
by Corben Grant on 31 Mar 2022 In 2017, the Ontario government introduced the Non-Resident Speculation Tax (NRST) as part of an attempt to slow a rapidly growing housing market in southern Ontario. Despite measures, the market has continued upwards even faster in...
Mar 31, 2022 | BLOG, Real Estate Market Stats
Royal LePage 2022 Spring Recreational Property Report Royal LePage forecasts double digit gain in national recreational house price in 2022, as appreciation is expected to remain strong following a sizzling 27% jump in prices in 2021 Demand continues to outstrip...
Mar 18, 2022 | BLOG, Buying, News, Real Estate Market Stats, Selling, tips
By Connie Adair -Mar 18, 20220 Multiple sellers and buyers, a lot of planning and many moving parts – the scenario may be common in industrial/commercial deals but not so much in the residential world. However, real estate agent Karen Willison of Royal LePage...
Feb 28, 2022 | BLOG, Buying, Community, Condo, Condominium, Real Estate Market Stats, tips
Single-storey suite deemed most essential feature by Canadians who want to age in place; Royal LePage experts Survey highlights: 43% of survey respondents say a fully-equipped main-floor living space is essential for seniors planning to age in place 42% of respondents...
Feb 6, 2022 | BLOG, Buying, Real Estate Market Stats
Real estate brokerage Royal LePage says that the expected rise in interest rates in 2022 “may not be enough tooffset the significant upward price pressure” on homes, especially in the Greater Toronto Area where it expects the cost of the average property to go up by...
Dec 18, 2021 | BLOG, Buying, News, Real Estate Market Stats
CAROLYN IRELAND Globe and Mail TORONTO PUBLISHED NOVEMBER 10, 2021 Talk of rising interest rates may create a spurt of buying in the real estate market as buyers rush to get in ahead of rate hikes. But rich prices across most of the country – combined with higher...
Nov 18, 2021 | Buying, Events, Holidays, News, Real Estate Market Stats
There’s a chill in the air and we already had our first taste of snow, are you as excited for winter as I am? With ski season just around the corner, we are now getting a bigger picture of how Real Estate performed in Southern Georgian Bay in 2021. An...
Sep 29, 2021 | BLOG, Buying, Real Estate Market Stats
For generations, Canadians have been asking themselves this important question: ‘Is it better to buy a home or rent?’ On the one hand, owning comes with more responsibility and higher monthly expenses, but offers more stability and a long-term investment. On the other...
Sep 28, 2021 | BLOG, Real Estate Market Stats
By Stephen Punwasi Canada plans to increase credit access for the country’s riskiest borrowers in the years to come. A re-elected government may not seem like change, but they promised a big one — larger insured mortgages. High-ratio borrowers will see an increase of...
Sep 23, 2021 | BLOG, Buying, Real Estate Market Stats, Selling
By Laura Hanrahan Canadian home prices are on the rise with a near 20% projected increase by the end of December, according to the Canadian Real Estate Association’s (CREA) most recent report. As home sales across the country saw a slight drop in August, falling 0.5%...