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Condominiums have long been perceived in the real estate market as one of the more affordable alternatives to home ownership. And while that is still true in many cases, in recent years, there has also been a noticeable increase in luxury Condos in major Canadian urban centres. With some of these high end condos, it seems that the sky ...
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What’s new on the national housing scene? According to the Canadian Real Estate Association (CREA), the number of MLS® transactions continued to trend downward in July, but inventory of homes for sale remains tight and sale prices are inching upward. As expected, the decline in the number of July transactions was almost ...
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As predicted in previous industry forecasts, the sizzling sales pace of Canada’s housing market has begun to cool and move at a more moderate pace. However, according to recent statistics released by the Canadian Real Estate Association (CREA), prices are continuing their upward climb. As expected, there was a decline in the ...
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Canada’s housing environment has more single home buyers entering the market than ever before. With inventory levels improving in many markets, and interest rates near record lows many people across the country who may have never considered buying a home in the past are recognizing that a mortgage payment on a house can actually be the ...
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Buying a home can be a very complex, and sometimes emotional experience. Some buyers find themselves getting caught up in the emotional side, and let their heart take over their head. Here are a few tips from Coldwell Banker on how would-be buyers can stay grounded and avoid some common pitfalls during the home buying ...
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For most people, buying a home is the most significant investment they will ever make. Today, with an abundance of homes for sale and interest rates at near historic lows, it may also be the smartest time to buy a home. While the prospect of owning a home is an exciting one, it can often times seem overwhelming, especially for those who are ...
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With the Canadian resale housing market booming, and indications that the Bank of Canada will increase interest rates on June 1st, there’s been a lot of attention lately regarding the various options available for mortgage loans. Whether you’re applying for a new mortgage, or thinking about refinancing before the predicted rate ...
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Despite a slow start to the year, the Canadian market has certainly bounced back since the low of last January. Resale housing in particular is again surging forward, and in May reached new heights. According to the Canadian Real Estate Association (CREA), strengthening consumer confidence, low interest rates, and improved ...
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It’s already July and another school year is approaching. Many Canadians with a son or daughter who will be going away to college this fall are already thinking about all the expenses this will involve. There may not be much you can do about the high cost of tuition, books or travel, but there’s one major college expense that you ...
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In today’s competitive real estate market, more and more sellers are looking to target the increasingly important consumer group of the first-time buyer. The first step in reaching this target group is in knowing who this customer is, and then understanding their specialized wants and needs. Just who is the first time buyer in ...
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