https://blog.remax.ca/canadian-real-estate-industry-consumer-sentiment-survey/

Consumers need more than basic housing market knowledge from their professional realtor when navigating challenging Canadian real estate market, new study finds.

New consumer survey by RE/MAX reveals that buying and selling in the Canadian housing market is not a simple “transaction,” but a complex negotiation

    • Almost half (41 per cent) of Canadians claim they aren’t knowledgeable when it comes to buying or selling real estate
    • 91 per cent of Canadians say that when looking for a REALTOR® for outside support, the top must-haves are ethics in business, patience, active listening and empathy
    • Eight in 10 Canadians (81 per cent) say that they would be more likely to work with a REALTOR® if they had a certification in professionalism

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The 2021 Budget won’t make Canadian real estate more affordable for homebuyers, but consumers have dodged a policy “bullet” after much speculation around changes to the capital gains tax exemption, or other measures aimed at cooling the hot Canadian housing market.

The Federal Government has introduced the following budget items related to housing:

  • $2.5 billion to Canada Mortgage and Housing Corporation over seven years, to fund the Rapid Housing Initiative, Affordable Housing Innovation Fund, Canada Housing Benefit and Federal Community Housing Initiative
  • $1.3 billion, advanced and reallocated to previously announced funding to build and repair units and convert commercial space into rentals
  • $3.8 billion to build, repair and support…

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