Canadian Real Estate Report: 2021 Housing Impacts to Condo Sector.

Canadian real estate market sees higher share of condos in 2021, in wake of rising detached housing values; affordability shifts demand for condominiums into high gear in 2021. Staggering gains in detached housing values have sent condominium sales soaring throughout the first eight months of 2021 in major Canadian real estate markets, according to a…

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EXHAUSTED BUYERS: HERE’S HOW TO REINVIGORATE YOUR HOME SEARCH.

RE/MAX agents share time-tested tips and tricks for buyers to stay motivated during their real estate journeys amid a fickle seller’s market. In many U.S. locales, the housing market is roaring. It’s great news for sellers, but perhaps less-welcomed news for buyers, who may be feeling the ups and downs of a competitive market. Angelica…

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If high prices held you back from building, you are in luck, as the tables have now turned.

Darcy Elliott, shipping supervisor at Spray Lake Sawmills, inspects lumber at the company’s facility in Cochrane, Alta. in May. (Jeff McIntosh/The Canadian Press) 821 comments Homeowners who resisted the urge to renovate during the first 18 months of the pandemic may find now is their chance, as lumber prices that soared to dizzying heights in the…

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Has the Canadian Real Estate Market Peaked?

In recent months, the consensus has been that the Canadian real estate market may have reached its peak. Some markets continue to enjoy record-breaking gains. Still, the broad-based trends spotlight a crucial development: the sector may be returning to some semblance of normalcy during these uncertain times. Will this finally give young Canadians hope that they can attain the…

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Canadian Housing Market Needs Supply, Not Taxes, Blanket Policies or Promises.

It should come as no surprise that affordability in the Canadian housing market has become a key issue in the upcoming federal election. According to a recent RE/MAX report, 42 per cent of Canadians said the high cost of housing was preventing them from entering the housing market, and 48 per cent shared concerns over their ability to…

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LUMBER PRICES ARE FALLING, BUT HOUSING AFFORDABILITY REMAINS AN ISSUE.

With interest rates reaching historic lows in a persistent seller’s market, the new-home construction industry is facing a test of successfully balancing supply and demand.   In the premiere episode of the interactive series “Keepin’ It Real with Nick Bailey,” RE/MAX President Nick Bailey and two guests explore all sides of the new-home construction market.…

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Cabin & Cottage Trends Across Canada (2021).

Canadians opt for more affordability and new lifestyle, flocking to recreational property market 57 per cent of markets offer properties below $500K, according to RE/MAX brokers and agents Average sale price anticipated to rise up to 30% in some recreational property markets, according to RE/MAX brokers and agents. 44 per cent of recreational property buyers…

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Canadian Real Estate Industry at a Critical Crossroads.

Stakes in Canadian real estate have never been higher. Industry professionalism needed to restore buyer and seller confidence. Particularly for buyers engaged in the Canadian real estate market, the transaction is filled with mounting complexities and undeniable frustrations – most specifically, the lack of transparency in under-market-value listing strategies within an already expensive market, and…

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RE/MAX IS A ‘FASTEST-GROWING FRANCHISE’ FOR EIGHTH STRAIGHT YEAR.

Entrepreneur magazine recognizes the global real estate franchisor for its continued growth. Already named a top franchisor in 2021, RE/MAX is now also recognized as a fastest-growing franchise – for the eighth straight year! The March issue of Entrepreneur magazine ranked RE/MAX on its widely respected 2021 Fastest-Growing Franchises list. This is the 20th time RE/MAX has made…

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