2023 Real Estate Outlook
Posted on Jan 08, 2023
Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Bank of Canada began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly.Both demand and home prices have sof...
Home for the Holidays: How to Stretch Your Budget in a Season of Inflation
Posted on Dec 15, 2022
You don’t have to break the bank to celebrate the holidays in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations, but there are still plenty of opportunities to seek out extra savings.
For example, you can trim your energy bills by up to 20% just by sealing air leaks in your home.1 Other smal...
For example, you can trim your energy bills by up to 20% just by sealing air leaks in your home.1 Other smal...
7 Tips to Maximize Your Home’s Sale Price
Posted on Nov 25, 2022
Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled.1 Consequently, home sellers who enter the market today may need to reset their expectations.
The reality is, it’s no longer enough to stick a “for sale” sign in the yard and wait for buyers...
Buy Now or Rent Longer? 5 Questions to Answer Before Purchasing Your First Home
Posted on Oct 27, 2022
Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership. A real estate boom during the pandemic pushed home prices to an all-time high...
8 Strategies to Secure a Lower Mortgage Rate
Posted on Sep 15, 2022
Interest rates have risen rapidly this year, triggered by the Bank of Canada’s efforts to curb inflation, and the July MNP Consumer Debt Index found that 59% of Canadians “are already feeling the effects of interest rate increases.” Why has the impact been so widespread? In part, due to the rising popularity of variable rate mortgages. According to...
10 Pro Tips for a Smooth Home Move
Posted on Aug 22, 2022
The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling into your new place. Fortunately, you don’t have to do everything in a day. You don’t have to do it all alone, either...
