Home staging is a strategy that is increasingly popular with sellers and brokers wanting to present a house, condo or apartment in its best light. Transforming a space to make it more attractive to potential buyers can make all the difference between a quick sale and a property that stays on the market for months. Read
Renewing your mortgage this year? Royal LePage has published a number of online resources available at the following links: OSFI to drop mortgage stress test for uninsured borrowers who switch lenders at renewal Federal government announces landmark adjustments to mortgage rules for first-time buyers in Canada 30-year amortizations on insured mortgages for new build homes
Barely a year ago, some economists were predicting a wave of mortgage defaults as hundreds of thousands of Canadians prepared to renew their mortgages at higher rates. Since June 2024, the Bank of Canada has cut its key lending rate six times, helping to ease some of the pressure on borrowers. Mortgage rates, however, remain
Region demonstrates notable resilience in the face of political and economic uncertainties As 2024 drew to a close, the Quebec real estate market stood out for its unexpected resilience in the fourth quarter. Despite economic and political uncertainties, favourable market dynamics unfolded, driven by more advantageous lending conditions and reinvigorated buyer confidence. This renewed vigour
There are lots of reasons for selling a second home. You may be looking for a change, going through a separation, or noticing the property value has gone up. In some regions, the price of cottages and condos has doubled , which is advantageous for sellers. When it’s time to sell your second home, it’s important to choose
There are lots of reasons for selling a second home. You may be looking for a change, going through a separation, or noticing the property value has gone up. In some regions, the price of cottages and condos has doubled , which is advantageous for sellers. Since the pandemic, the secondary residence sector has been quiet due
Wallpaper has made a serious comeback in recent years. From bold murals to delicate prints, the options are endless and the results can be breathtaking. But before you start envisioning a papered powder room, it’s important to be prepared. Here’s everything you need to know as a beginner, so your wallpapering project is as seamless
Canada’s housing market continued its upward trend in November 2024, as it recorded gains in both sales activity and prices, according to the latest report from the Canadian Real Estate Association (CREA). This marks the sixth consecutive month of sales growth, further solidifying the market’s recovery since mid-year when the first cut to the overnight
Quebec’s main urban markets should remain active next year, despite international political and economic uncertainty. Global economic tensions, the upcoming Canadian federal election, a new U.S. administration, and insufficient real estate inventories: the year 2025 promises to be full of challenges for the Quebec real estate market. Yet, despite these uncertainties, the outlook remains promising.
Royal LePage forecasts that the price of a single-family detached home in Quebec’s recreational markets will rise 6.0% in 2025 The recreational real estate rush that defined the peak of the pandemic market has been over for some time. However, the high demand for property in Quebec’s recreational areas does not seem to have disappeared.
