Canadian real estate continues to make headlines for its strength and resilience in the face of COVID-19, and increasingly for the obstacles preventing homebuyers from entering or moving up in the market. A question on everyone’s lips right now is, how long can this current rate of price growth continue? In the face of record-low…
Entrepreneur magazine recognizes the global real estate franchisor for its continued growth. Already named a top franchisor in 2021, RE/MAX is now also recognized as a fastest-growing franchise – for the eighth straight year! The March issue of Entrepreneur magazine ranked RE/MAX on its widely respected 2021 Fastest-Growing Franchises list. This is the 20th time RE/MAX has made…
The History of St Patrick’s Day St. Patrick’s Day is a special day for me as March 17 was my Grandfather’s birthday (Papa) who was a special person in my life coupled with the fact that I have Irish blood running through my veins. Because of this, I thought I would look at the history…
Today, the Government of Yukon issued a design-build tender for the first new elementary school in Whitehorse in more than 25 years. The Whistle Bend elementary school will accommodate up to 425 students from Kindergarten to Grade 7 from Whistle Bend and the surrounding area. The successful contractor will work with the Owner’s Advisor, Colliers…
10 of the 26 affordable housing units leased to Yukon Housing Corporation. An 84-unit apartment building for seniors, including 26 affordable housing units, is scheduled to open in 2022 in Whitehorse’s Takhini neighbourhood, the Yukon government announced Tuesday. Normandy Manor, which has been in the works in some form or another for more than a decade,…
How to make a home stand out in the market and possibly get top dollar at closing. Few can resist a classic makeover story – and home transformations are no exception. TV networks have built empires making it seem that anyone can take an outdated, ’70s bungalow and turn it into a dream urban escape…
The Yukon’s real estate market continues to surge during the COVID-19 pandemic. The latest figures from the Yukon Bureau of Statistics show the average sale price of a single-detached house in Whitehorse was $598,800, a record-high and an increase of $73,100, or 13.9 per cent from the fourth quarter of 2019. The average condo sale…
Canadian real estate surprised everyone in 2020. While the markets closed the year with red-hot, record-breaking activity, the year brought much uncertainty, financial upheaval, renewed forecasts of a bursting housing bubble, and other news that will likely continue to impact market activity in 2021. With the first week of the new year behind us, here’s…
The Bank of Canada, this morning, released its January Monetary Policy Report (MPR), showing they expect to keep overnight interest rates at its “effective lower bound” of 0.25% until 2023 (see chart below). To reinforce this commitment and keep interest rates low across the yield curve, the Bank will continue its Quantitative Easing (QE) program–buying…
