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
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
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.
The growing popularity of more compact living quarters, due in part to both rising housing costs and densification, has many people searching for interior design hacks for small living spaces. When designing a small space, it’s important to include details that align with your habits and routines. Other designs might look great in magazines or
Royal LePage maintains year-end forecasts for the province’s two largest markets In Quebec’s largest real estate markets, sales activity during the third quarter was uneven. Some markets returned to seasonal norms, while others continued to see demand outpace supply. The majority of the province’s markets saw slight quarterly price increases, with values for all property
Canada’s central bank has made a third cut to its overnight lending rate this year, lowering borrowing costs for existing and aspiring homebuyers yet again. In its scheduled September 2024 announcement, the Bank of Canada dropped the target for the overnight lending rate by 25 basis points to 4.25%. In July, Canada’s Consumer Price
First-time buyers of new construction homes in Canada will now be able to access longer mortgage amortization periods. As of August 1st, 2024, lenders will be allowed to offer 30-year amortizations for insured mortgages to first-time homebuyers of new construction homes, a measure modified by the federal government. Previously, the maximum amortization for an insured
National aggregate home price forecast to increase 5.5% year over year in Q4 of 2024 Following several years of unprecedented ups and downs, Canada’s housing market could return to more normal levels of activity and price trends next year. The Bank of Canada is expected to lower its overnight lending rate in the second half
Article – Loi 25 Qu’en est-il de la Loi 25 et du courtage immobilier. Cette Loi 25 vise la protection des renseignements personnels. Les renseignements personnels sont par défaut considérés comme confidentiel. La personne dont on recueille les renseignements personnels doit consentir (sauf exception) à l’utilisation, la communication et la conservation de ceux-ci.
