By Meghan Belnap

Condo living can be an amazing experience, especially if you’re new to the real estate market. Condos provide an opportunity for private ownership without a lot of the maintenance associated with single family homes. If you want to own your home, but have a busy schedule, it could be a great option for you.

Related: Looking to Rent a Condo? 4 Factors to Consider in Your Search

Condos can also come with the benefits of amenities and a great location. However, there are drawbacks to any kind of housing you may choose, including issues that come up when you’re living with others under one roof. Here are a few common issues that potential condo owners should take into consideration:

On-Site Construction

If you’re…

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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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Elliston, Newfoundland is known as the Root Cellar Capital of the World.  Root Cellars cover the landscape of Elliston, which was the first community to use the Root Cellars as a symbol for early subsistence in such harsh climates that are part of Newfoundland’s heritage.  How many are there, you ask? Over 135 of them!  Have a look at the beauty that lies beneath the rock formations of Elliston.  Where else would you want to live?


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Homebuying is a journey that starts well before buyers need an agent. Homebuyers can better prepare themselves. ????

Contact a RE/MAX Infinity Agent today to start your own home buying experience!

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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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