Bubble risks in analyzed real estate markets have declined for a second consecutive year. Housing prices in many analyzed cities are approximately 15% lower than mid-2022 levels....
Bank of Canada rate cuts expected to continue, with a likely 50-basis-point reduction in December. Lower rates are anticipated to boost homebuyer activity, with a modest 1.9% increase in sales in a month...
A report titled "Decarbonizing Canada’s Commercial Buildings: The Owner & Investor Perspective" identifies barriers to decarbonization in Canada's commercial buildings and seeks to improve collaboration among various sectors. It offers 10 recommendations, such as boosting incentives for decarbonization technologies, offering long-term financing, and harmonizing standards. The report...
Lower interest rates are driving a surge in homebuying activity, with November showing strong resales and price increases across major markets. Toronto saw a 1.9% rise in home resales, while Montreal experienced a 15% jump. Calgary's market remains robust, with resales 50% above pre-pandemic levels. Despite some price appreciation, affordability issues persist, particularly in Toronto and Montreal....
BlueShore Financial's expert advisors specialize in helping first-time homebuyers achieve their dreams. They provide accurate information, establish budgets and goals, and offer various financial options. Advisor Mirena Velikova assists clients in navigating the complexities of home ownership, including potential blind spots. She educates clients on savings plans, RRSP withdrawals, insured...
Pricing slightly below market value attracts multiple offers and encourages faster sales across regions. Well-maintained exteriors and appealing landscapes boost property attractiveness in any climate....
Many Canadians find the home buying process stressful and frustrating. To start, save for a down payment and other expenses like taxes and fees. Determine your budget using tools like TD’s Mortgage Affordability Calculator. Get pre-approved for a mortgage to know your options. Find a realtor who understands your needs and market trends. Schedule showings and inspect properties thoroughly. Make an...
Updating your kitchen with quartz countertops and smart appliances significantly enhances resale value. Adopting a neutral color palette makes your home more appealing to potential buyers and feels modern....
Create a budget by listing income sources, tracking spending, and identifying non-essential expenses to reduce. Set financial goals by researching housing markets, breaking down savings into monthly or yearly targets....
Interest rates are dropping, making refinancing a mortgage appealing for those with high rates. Breaking a mortgage incurs penalties, typically based on three months’ interest or the Interest Rate Differential....