Real Estate Blog - Newfoundland

Newfoundland Real Estate Frenzy and the Impact on Locals

Posted by Infinity Admin on June 16th, 2022

Is the Newfoundland and Labrador real estate market still sizzling, or is it cooling down like a February evening in the province?

For the last two years, Canada’s housing market has been taken aback by the exceptional growth in Atlantic Canada, heated up by the population boom and the surge in home prices. This was a surprising turn of events because, before the coronavirus pandemic, people were leaving parts of the east coast, and some local real estate markets unable to gather much momentum.

Now it appears that Newfoundland real estate is joining the broader market. Sales activity is strong, though it has eased recently. Price gains remain sky-high, but growth has also eased year-over-year. Overall, the housing boom is…

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Commercial Real Estate Newfoundland and Labrador (2022 Report)

Posted by Infinity Admin on May 28th, 2022

While commercial real estate in Newfoundland and Labrador represents a smaller percentage of the overall market, economic growth in St. John’s, especially in terms of the oil and gas sector, is likely to stimulate greater activity in the future. This, according to the new 2022 Commercial Real Estate Report from RE/MAX Canada. Emergence from the depths of the Covid-19 pandemic, and the slow but steadily improving economic picture has helped to bolster job growth in the province, with employment trending upward, while unemployment trends downward, hovering just below 12 per cent. 

Most employees are back to work and have been for some time. St. John’s did not experience as big a shift to work-from-home arrangements that were…

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A Guide to Parks in St. John's

Posted by Infinity Admin on May 17th, 2022

NEWFOUNDLAND is know for it's rugged shores, hearty stories and unique personalities. There is so much to offer, including local parks that are the pride of their communities. Here are some of the more popular parks in St. John's - Metro area that you can add to your things to do list when you visit.

Bannerman Park

Bannerman Park - Military Road, St. John's

One of the largest parks in metro, Bannerman Park is for people of all ages and ability. It offers tournaments and festivals, a winter ice skating loop, playground for the kids, and a swimming pool. Local residents flock to Bannerman Park during summer months, and generally year round to take advantage of all it has to offer.  The Newfoundland and Labrador Folk Festival takes place each summer…

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Festivals, Historic Sites, Whale Watching and Icebergs. What You Can Plan For When Visiting Newfoundland

Posted by Infinity Admin on April 22nd, 2022

Located on the east coast of Canada, Newfoundland is one of the most unique and historic provinces in the country. According to Maclean’s Magazine, we have one of the Top 10 Friendliest Cultures in the World! There are so many reasons why people flock to the island in search of a one-of-a-kind experience.

Photo by Jeff Smith on Unsplash

Did you know?

Newfoundlanders speak more varieties of the English language than anywhere else in the world! Our history dates back four centuries with accents rooted in Southern Ireland and Western England, as well as Indigenous and French influences. These things combined have helped shape our colorful language. So many dialects and traditions have been preserved right here on the island.

FUN FACT!

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Put Your Trust in a REALTOR®

Posted by Infinity Admin on April 11th, 2022

Here are 10 reasons to put your trust in a REALTOR® when buying or selling your property.

Your REALTOR® has many resources to assist you in your home search. 

The Multiple Listing System® is one of your REALTOR's biggest assets but not all properties that are for sale are actively advertised in the market.  Your REALTOR® can help you find all the properties that fit your search.

Your REALTOR® can help you determine your buying power.

With some basic information about your available savings, income, and current debt, your REALTOR® can refer you to lenders best suited to your needs. 

Your REALTOR® can assist you in the selection process by providing objective information about each property. 

There are two things you'll want to know: 
…

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Work Hard, Play Hard in Labrador City, Newfoundland and Labrador

Posted by Teri-Lynn Jones on January 24th, 2022

Located near the border of Quebec, and fueled by the region’s rich iron ore reserves, is Labrador City, Newfoundland and Labrador, the second largest hub in Labrador after Happy Valley-Goose Bay. With a population of a little more than 7,000 people in a remote area, you may be surprised to learn about all this small town has to offer. From world class skiing,golfing and hiking, to quality medical facilities, and education and work opportunities, there’s plenty to experience in this corner of Canada.

What to know about Labrador City 

“It is our chance to stand on our own feet, to do something ourselves,” said the first Premier of Newfoundland and Labrador, Joey Smallwood, during his 23-year tenure from 1949 to 1972. Smallwood was referring to…

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