COVID-19 has made a huge impact on our economy, healthcare system and the world as a whole. Like most industries, the Canadian real estate market experienced a cooler first half of the year with May 2020 recording the lowest volume of sales since 1996. But even with fewer sales, national home prices remained relatively stable despite COVID-19. This has been good news for sellers who continued to actively sell their homes during the global pandemic.    But with such unrest and... [read more]

In today’s highly competitive real estate market, you need to approach the home buying process with a plan of attack. When you find a home that fits your criteria, you have to be quick on your feet and make swift decisions. Otherwise, you might compete against multiple offers – or worse, have your dream home slip through your fingers. If you’re in the market for a new home, here how you can avoid disappointment by house hunting like a pro: 1. Know What You Want The... [read more]

Many Canadians renew their mortgages without asking questions or doing their research, which often leads to paying a higher rate on a mortgage product that doesn’t suit their needs. But, if you are nearing your time of renewal, it pays to do your due diligence so you get the best financing offer and mortgage agreement that works for you. Before you renew your mortgage, here are five things to consider: Start early Don’t wait until the last minute to act on your mortgage... [read more]

Perhaps you are a senior looking to downsize or you are a young professional wanting to start out on your own. Either way, you might be considering a move into a condominium or an apartment.  And while they may seem similar, there are key differences when it comes to buying a condo versus securing a rental apartment. To help you decide which option is best for you, here’s what you need to know before you start your search. Maintenance When owning a condo, you are responsible... [read more]

As a potential new homeowner, it can be overwhelming to figure out if you should stop renting and buy a new home. If you've reached this crossroads, here are five reasons you should consider buying real estate. Home Equity When you are a tenant, your monthly rent payment goes towards the landlord's mortgage and helps them build equity – not you. Home equity is the difference between your home's value and mortgage balance, so the more you pay towards the loan, the more... [read more]