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Real estate: Dealing in a buyers' market

November 1, 2024

The single biggest investment for most Canadians is the purchase of a home. So, home owners were understandably worried when the Canadian Real Estate Association recently reported that average Canadian resale house prices fell by 10 per cent year-over-year in October. On the other hand, the end of the boom would appear to be good news for ...

Setting the stage for home sellers

June 27, 2024

Once primarily a luxury for the rich when selling their mansions, home staging is becoming popular with average homeowners seeking to get their properties off the market faster and earn more money. The proliferation of television programs on staging a home - often providing tips on how to do it yourself - has made it a fast-growing trend at all ...

How much is your home worth? Well, it depends...

June 10, 2024

Helen Smart's home backs on to the world-renowned Niagara Escarpment, whose waterfalls, slow-growing coniferous trees and abundance of plants can be enjoyed up close by hiking the Bruce Trail, which runs right behind her property. It's a feature that's hard to match, but how do you put a price tag on it when it comes time to sell? Such ...

Net Zero bonus

June 6, 2024

A dozen demonstration homes across the country to prove benefits of going green. Imagine a house that can monitor the outside temperature and weather forecast before deploying the window awnings or divert excess heat coming off the rooftop solar panels to run the clothes dryer. That house, called EcoTerra, opened last week in Quebec, the ...

Homeowners sell, start renting instead

June 1, 2024

Bidding wars have moved from the bungalow to the two-bedroom rental apartment. Many homeowners who cashed out at the peak of the market are putting their money in the bank rather than investing in a new house. And as a slew of new renters look for temporary homes, they are driving up prices and engaging in bidding wars to ensure they snap up ...

Property prices continue to climb in Q2, says Royal LePage

May 27, 2024

Home prices in Canada are showing no indications of falling this year, a survey by Royal LePage suggests. A report by the real estate company said the average prices for standard two-story houses and detached bungalows went up 2.7 per cent in the second quarter of this year, compared with a year ago. During April to June, houses were listed ...

Determine Your Home’s Asking Price

April 17, 2024

Lots of people out there want to buy your home. The right asking price will attract buyers’ attention, and pay you a maximum return. You don’t want to set your price too low or too high. Setting too low a price means you could miss out on thousands of dollars that some buyer would have happily paid. Setting too high a price can scare away ...
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