First Signs of Housing-Market Slowdown

First Signs of Housing-Market Slowdown

June 17, 2020  In May the Teranet–National Bank National Composite House Price IndexTM was up 1.1% from the previous month, a rise equal to the average for May over the last 10 years. Leading that countrywide average were the metropolitan markets of Ottawa-Gatineau (2.2%), Toronto (2.1%), Halifax (1.8%) and Hamilton…

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RE/MAX Best Places to Live 2020: Canada Liveability Report

RE/MAX Best Places to Live 2020: Canada Liveability Report

How important is neighbourhood to real estate decisions? According to the RE/MAX Canada Best Places to Live 2020: Canada Liveability Report, it’s critical. A Leger survey, conducted on behalf of RE/MAX before COVID-19, found that 82% of Canadians say they would sacrifice at least one desirable attribute to live in…

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Canadian Real Estate Professionals Giving Back During COVID-19

Canadian Real Estate Professionals Giving Back During COVID-19

The COVID-19 pandemic has come with its share of challenges and tragedies, but amid the sadness has been a ray of hope: the people coming together to help their communities get through. For Canadian real estate professionals, community is at the heart of what you do. So, it is no…

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Bank of Canada Interest Rate Holds at 0.25%: June 2020

Bank of Canada Interest Rate Holds at 0.25%: June 2020

The Bank of Canada interest rate is remaining at 0.25% for June 2020. On June 3, 2020, the Bank of Canada (BOC) announced they are maintaining the overnight rate of 0.25%, which came into effect on March 27, 2020. This was not a surprise as the BOC had called the…

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How to Attract More Prospective Home Sellers

How to Attract More Prospective Home Sellers

While a certain degree of real estate marketing involves sourcing prospects out by contacting them, wouldn’t it be great if more clients contacted you instead? Good news — you can attract more prospective clients easily (and while adhering to social distancing) through the use of real estate technology. Whether you…

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A Swan Song Before COVID-19 Infects the Indices?

A Swan Song Before COVID-19 Infects the Indices?

May 20, 2020  In April the Teranet–National Bank National Composite House Price IndexTM was up 1.3% from the previous month. As in February and March, that was double the average gain of the last 10 Aprils. Leading the countrywide average rise were the metropolitan markets of Ottawa-Gatineau (2.4%), Toronto (2.0%), Halifax (1.8%),…

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Housing Supply Focus

Housing Supply Focus

Housing supply has been a major challenge in Canada, ranking near hot-button issues such as affordability, the mortgage stress test, and more. In fact, many industry professionals say that some of these other issues stem from housing supply. For instance, in some areas of the country, limited housing supply could…

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Access Aerial and Street View Property Images From Anywhere

Access Aerial and Street View Property Images From Anywhere

With the COVID-19 pandemic ongoing, it’s critical for Canadians to maintain public health guidelines, such as social distancing — even in the real estate industry. However, this poses a problem for tasks that traditionally require close contact, such as securing images of a property. Unless the property was already on…

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Increasing Agility Using Online Real Estate Technology

Increasing Agility Using Online Real Estate Technology

The COVID-19 pandemic has created a lot of uncertainty, both at home and globally. For real estate sales professionals, developers, investors, and more, it has significantly disrupted business as usual. It’s not always easy to know how to react during a period of hardship, especially one as unprecedented as the…

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