Royal LePage survey offers new insights into the home ownership trends of retirees Nowadays, owning a home is a challenge – and paying off your mortgage in full is an even greater one – especially when you consider the continuing rise in property prices, exacerbated by the increased demand for real estate resulting from the
The arrival of warmer weather and longer days is a welcome sign for many Canadians – especially those eager to return to their cottages. With the Victoria Day long weekend fast approaching (often seen as the unofficial start of summer), thousands are preparing to unlock the cabin doors and breathe new life into their seasonal
Homebuyers stayed on the sidelines in February 2025, leading to a significant drop in home sales across the country, according to the latest market report from the Canadian Real Estate Association (CREA). With the ongoing trade war between Canada and the United States, market activity slowed to its lowest level in over a year. Home
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
