Cottage Country Real Estate Trends

Cottage Country Real Estate Trends

Summer getaways are becoming much more in the wake of COVID-19. While some real estate business has taken a hit during the COVID-19 pandemic so far, one market is turning red-hot: cottage country real estate. Areas like Muskoka, Lake Huron, Haliburton, and more are seeing a surge in city-dwellers looking…

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Is Hyper-Local Specialization the Answer to Real Estate Recovery?

Is Hyper-Local Specialization the Answer to Real Estate Recovery?

As the COVID-19 pandemic continues, certain parts of the economy are beginning to re-open. However, even with re-opening, true economic recovery could take more time, particularly if a predicted second wave of COVID-19 comes to pass. For real estate sales professionals, the question becomes how to navigate this uncertainty and…

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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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