Quick introduction to the new Tax-Free First Home Savings Account (FHSA).

The Government has confirmed that as of April 1, 2023, financial institutions will have the ability to start offering the new Tax-Free First Home Savings Account (FHSA). Under this program, prospective first-time home buyers will have the ability to save $40,000 on a tax-free basis and, like a Registered Retirement Savings Plan (RRSP), contributions will be tax…

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RE/MAX 2023, Canadian Real Estate Industry Trends Report

Amid a fluctuating economic environment, RE/MAX Canada examined how key economic and transactional trends are likely to impact Canadian homebuyers and sellers, the real estate industry and the broader economy in 2023. Among those who may be interested in buying/selling in 2023, the housing market moderating and regaining balance is the greatest cause for optimism.…

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Climate Change: Canada Real Estate Outlook to 2027.

Climate change mitigation and adaptation measures must be integrated into a national housing strategy to improve neighbourhood liveability and housing affordability through to 2027 RE/MAX Canada releases chapter two on climate change, as part of its Unlocking the Future: 5-Year Housing Outlook, in partnership with Intact Centre on Climate Adaptation and Smart Prosperity Institute RE/MAX…

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ASK A RE/MAX AGENT! “HOW DO I SET AN ASKING PRICE FOR MY HOME?” & MORE.

Find answers to burning real estate questions (submitted by homebuyers and sellers!) in this monthly column. Home sellers have a lot of questions about the selling process. Fortunately, RE/MAX agents have the answers. Consumers recently posted their top real estate questions on Instagram and RE/MAX agents, each affiliated with an independently owned and operated RE/MAX brokerage, answered!…

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TO PAINT OR NOT TO PAINT? HOW HOME SELLERS CAN OPTIMIZE INTERIOR WALL COLOR.

According to a RE/MAX agent and interior design specialist, a home’s color palette can make a significant impact on prospective buyers. Here’s why. Using color throughout a home can be expressive, creative and hold cultural significance. But what happens to that level of personalization when it’s time to sell? According to Jeannie Do, homeowners preparing…

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Metro Vancouver home sales return to more traditional levels in April.

VANCOUVER, BC – May  2022 – Home buyer demand in Metro Vancouver* returned to more historically typical levels in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,232 in April 2022, a 34.1 per cent decrease from the 4,908 sales recorded in April 2021, and…

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RE/MAX PRESIDENT AND CEO: ‘THE MARKET REMAINS VERY ACTIVE RIGHT NOW’.

In line with seasonal trends, home sales increased over 30% month-over-month. As anticipated from the housing data presented so far in 2022, the busy spring season got off to another strong start this year. According to the most recent RE/MAX National Housing Report, March 2022 set report records for highest Median Sales Price ($360,000) and lowest Months Supply…

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