Tag: real estate
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Real Estate Showdown: Alberta vs Ontario – Which Province Offers Better Value for Homebuyers?
The real estate markets in Alberta and Ontario are two of the most active and sought-after in Canada. While both provinces offer unique advantages for homebuyers, the prices can vary significantly. In this article, we will compare the prices of real estate in Alberta and Ontario to help potential buyers make informed decisions. Alberta Real…
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Bank of Canada raises key interest rate for the 10th time since March 2022
The Bank of Canada made a significant decision by raising its benchmark interest rate by 25 basis points, bringing it to a notable five percent, a level unseen since April 2001. This move was widely expected by economists due to the positive indicators from the June labour force survey released by Statistics Canada. The survey…
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Bank of Canada Raises Key Interest Rate to Highest Level Since 2001
In a surprising move, the Bank of Canada has decided to increase its key interest rate to 4.75 per cent, marking the highest level seen since 2001. This decision was prompted by a series of robust economic indicators that surpassed expectations. The central bank raised its overnight lending rate by 25 basis points (equivalent to…
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Housing on a Budget: Affordable Canadian Cities to Buy a Home
If you’ve been house hunting in Canada, you may have noticed that finding an affordable home can be a daunting task. However, according to RateHub’s March data, there are several cities in Canada where you can buy a house without breaking the bank, even on a moderate budget. Topping the list is Winnipeg, where the…
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Unveiling the Hidden Costs of Homeownership: What Ontario Homebuyers Need to Know
Becoming a homeowner is an exciting milestone, but it’s essential to go into the process with your eyes wide open. Beyond the purchase price and monthly mortgage payments, there are hidden costs associated with homeownership that Ontario buyers should be aware of. In this article, we’ll unveil these hidden costs and provide valuable insights to…
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The Dark Side of Real Estate: Unveiling Fake Bidding Wars
Recent revelations about two real estate brokers manipulating bidding wars have shed light on a disturbing trend within the industry. Christine Girouard and Jonathan Dauphinais-Fortin, formerly associated with RE/MAX, are currently under investigation by the real estate governing board of Quebec (OACIQ) for allegedly orchestrating bogus offers on properties they were selling. Their actions not…
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Where to Buy Real Estate in Canada 2023: National Ranking
Thinking of buying a home in Canada in 2023? Here are the top cities to buy real estate according to MoneySense and Zoocasa! The Canadian real estate market experienced a slowdown in 2022, following two years of soaring prices. The winter season, which is usually slow in real estate, began with record-high prices, but throughout…
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How to Find the Perfect Roommate in Toronto: Tips for Co-living Successfully
Finding the perfect roommate can be a challenge, especially in a big city like Toronto where the housing market is competitive. However, with some careful consideration and a few helpful tips, you can find a roommate who is a good fit for you and set yourself up for successful co-living. In this article, we’ll explore…
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$3,000 for a one bedroom apartment in Toronto? Experts say this will be the norm going forward
According to experts, Canada’s red-hot rental market is expected to continue to rise. The combination of record immigration targets and limited supply has led to a surge in rent prices of one-bedroom condominiums in some of Canada’s most populated areas, such as Toronto and Vancouver. As of March, the average rent price for a one-bedroom…
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Souqh is Shaking up Canada’s Real Estate Space
Toronto-based tech startup Souqh is making big moves in Canada’s real estate space. The platform has had a steady rise in the past months, thanks to a hot real estate market coupled great product. Souqh focuses on bringing a seamless experience to a really fragmented Canadian estate market. The platform aims to simplify the entire home ownership journey –…
Canada Housing Market 