Canadian housing market expected to remain strong this fall, despite Delta variant, say RE/MAX brokers and realtors Young families driving demand for single-detached homes in cities across the country Canadian housing market prices are anticipated to increase by 5% in the remaining months of 2021, according to RE/MAX brokers and agents. 26/29 major Canadian housing…
If soaring prices held you back from building, you are in luck, as the tables have now turned. Homeowners who resisted the urge to renovate during the first 18 months of the pandemic may find now is their chance, as lumber prices that soared to dizzying heights in the spring have crashed back down to…
In recent months, the consensus has been that the Canadian Real Estate market may have reached its peak. Some markets continue to enjoy record-breaking gains. Still, the broad-based trends spotlight a crucial development: the sector may be returning to some semblance of normalcy during these uncertain times. Will this finally give young Canadians hope that they can attain the…
Maintaining a property requires a certain amount of care. Without it, the structure may sustain damage, even if the exterior looks like it is in good general condition. There are many reasons that homeowners may have a second property. Many people deliberately choose to make the purchase, for use as a vacation home or investment…
Silver Flats will see 42 two-bedroom and studio units built on Keno Way. Whitehorse city council is considering granting $91,000 to a local developer. At council’s July 19 meeting, members were presented with a recommendation that a development incentive be approved for a four building development planned for 213 Keno Way in Whistle Bend. Evergreen…
Property owners will no longer be charged for infrastructure and road improvements under a new City of Whitehorse policy. City council voted to adopt the updated policy at its July 12 meeting. Changes in the policy The policy deals with how the city goes about upgrading infrastructure and roads. Under the previous policy, the city…
Canadians opt for more affordability and new lifestyle, flocking to recreational property market 57 per cent of markets offer properties below $500K, according to RE/MAX brokers and agents Average sale price anticipated to rise up to 30% in some recreational property markets, according to RE/MAX brokers and agents. 44 per cent of recreational property buyers…
As construction season kicks off, those looking to renovate this spring and summer might be stunned by the price of lumber. “It was a big shock to find out it was going to be that much more this year,” Andra McLachlan said. She’s on her second year of home and backyard renovations and is kicking…
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…
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,…
