Is the Bank of Canada Interest Rate Hike Really of Concern?
With a hike of 0.25%, the Bank of Canada has raised the interest rate last week to 0.5%. This has been the talk all over the country apart from the high gas prices. The rate of headline inflation has soared to a 30-year high to touch 5.1% recently, not...
Which is a Better Bet – Pre-Construction Condos or Resale Condos?
What is a Condo or Condominium? A condo is an individual residential unit within a community of units. It does not refer to a construction style but is a form of legal ownership, where the owner typically owns just the interior of the condo. Condominiums are corporations whose units...
Can a Foreign Investor Buy Property in Canada?
Why Choose Canada for Your Real Estate Investments? Over the last decade, and especially since the onset of the Covid Pandemic, Canada’s stable economy along with its mature real estate market has made investments incredibly attractive to domestic and foreign investors. Canada has a cosmopolitan real estate industry with...
How Do You Start Investing in Luxury Real Estate?
Do the uptrends in the luxury property market and the double-digit gains make it difficult for you to dive into real estate investment? Or, do the opulent appeal and high-end amenities of these premium properties make it an emotional asset? Whatever the reason that’s stopping you from investing in...
Canadian Home Prices Expected to Continue to Rise Upwards – National Prices Rising 9.2% by End of 2022
5 Major Factors That Will Influence the Housing Market The latest 2021 statistics released by the Canadian Real Estate Association (CREA) show an extraordinarily strong past year with home sales reaching higher than expected figures, despite property supply hitting an all-time low. On a year-on-year basis, Canadian home sales were at...
What Benefits Do First-time Homebuyers Get in Ontario?
Being a first-time homebuyer in Ontario is not an easy task. Buyers have to keep a check on various things such as the closing price of the deal, getting the lowest possible mortgage rates as well as qualifying for a mortgage loan. Seeking the help of professionals at this...