Photo: Tyler Farmer / Unsplash


Canada’s housing market is seeing a “high degree of vulnerability,” in the face of continued price acceleration and overvaluation.

In its Q3-2021 Housing Market Assessment, the Canada Mortgage and Housing Corporation (CMHC) stated that a high degree of market vulnerability has been created at the national level as a reflection of “problematic conditions,” detected in several local markets within Ontario and Eastern Canada.

Between CMHC’s March 2021 and September 2021 reports, the rating of national market vulnerability escalated from “moderate” to “high.” The corporation explained that high vulnerability means that the market is more susceptible to a potential downturn that would result in greater…

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Trees are prominent features for both residential and commercial properties. Owners have a responsibility to understand and properly maintain the trees on their land – especially if they are shared with or may impact neighbouring land.

Tree trespassing, often referred to as nuisance trees, occurs when the roots, branches, shedding debris or actions of an owner of a border tree interferes or causes damage to a neighbouring property. Neighbours who have a tree trespassing on their property are legally entitled to remove any offending parts of the tree. The neighbour can cut the roots, branches or shedding debris of the trespassing tree without consent from the owner of the property on which the tree lives.

It is important to understand the…

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Photo: James Bombales

The rate of growth for housing prices across the country has notably dropped compared to the earlier, more hectic market months of 2021.

In a recent monthly housing market update report, senior RBC economist Robert Hogue noted that the housing market has “calmed down considerably this summer,” which is taking the pressure off of Canadian housing prices.

Although home prices are still on the rise, the pace of appreciation is less than what it was prior to the summer. For the past three months, the average rate of increase was 0.8 per cent month-to-month, a noticeable difference from the first quarter of 2021 when the average rate was 2.6 percent monthly. The rate of price appreciation during the last three months is…

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On October 6, RE/MAX affiliates around the world will give back and strengthen their local communities.

Worlds apart but always connected, RE/MAX affiliates around the globe will participate in the inaugural Global RE/MAX Day.

The RE/MAX network’s nearly 140,000 agents in more than 110 countries and territories are invited to participate in the networkwide day of service, designed to give back to the communities in which they live and work. The first Global RE/MAX Day is being held on Wednesday, October 6.

“RE/MAX affiliates build community with their work every day. On October 6, RE/MAX affiliates will strengthen those same communities through acts of service,” says Shawna Gilbert, RE/MAX…

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Popular outrage at the soaring price of Canadian housing has a fix that almost no one is talking about — certainly not those aspiring to be Canada's prime minister.

While they have not framed it specifically as a method of curbing Canada's property sector, central bankers are the exception to that rule. Bank of Canada governor Tiff Macklem insists he is preparing to push a lever expected to have a real effect on the escalating price of houses: hiking interest rates.

People with a stake in Canada's diverse housing sector, including homeowners, investors and those aspiring to buy, will be paying close attention to Wednesday's latest data from the Canadian Real Estate Association.

They will also be watching Canada's inflation numbers coming…

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Are you planning to purchase an old home? This could be a very smart real estate move, as old houses tend to cost less than modern builds. Additionally, if you're the type of person who appreciates the nostalgic appeal and charm of an older home, then this will be a gratifying choice for you.

Although older houses bring undeniable historical character and uniqueness, there are a few things you need to be aware of before buying one. Here is a list of important things to look for when buying an old house to avoid running into trouble:

Harmful Building Materials

The very first thing you should check before buying or moving into an old house is the presence of harmful building materials. Generally, houses built before 1978 are known to contain…

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