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Seller Tips

When there is a shortage of available housing, sellers have an advantage.

Two-thirds of the country's housing markets, according to a new analysis from the Canadian Real Estate Association (CREA), are skewed in favour of buyers. Due to a lack of supply in comparison to demand, this might be the most prominent trend for the foreseeable future. Over the past many years, housing building has been slow, resulting in a supply of homes that falls short of demand levels....

The Bank of Canada has announced another 0.5 percent increase in interest rates.

On April 13, the Bank of Canada will raise interest rates by another 0.5 percent.In an announcement made this morning, the Bank of Canada increased its main interest rate by another 50 basis points, bringing it to one percent for the first time. This is the second of what is likely to be a series of rate rises beginning in 2022, and it is the largest single increase since the year 2000. After a...

Why do I Need to Hire a Real Estate Agent to Buy a Home?

For those considering purchasing a home this year or even in the near future, one of the questions you may have asked yourself is whether or not you really need to hire a real estate agent. After all, you are familiar with the process of searching via web listings (which is something you might already love doing during your free time). Why do I Need to Hire a Real Estate Agent to Buy a Home?

7 Reasons Why Buyers and Sellers Should Never Skip a Home Inspection

7 Reasons Why Buyers and Sellers Should Never Skip a Home Inspection The most common mistake that both house buyers and sellers do is skipping or waiving the home inspection for a variety of reasons, such as during a bidding battle, which is the most common mistake. A home inspection contingency provision is usually included in a purchase contract, but some buyers are willing to forego these critical inspections in order to obtain their desired property in a competitive market.

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