Thanks, Mom: Over $10 billion gifted to home buyers over last year

Wednesday Nov 3rd, 2021


  MARKET NEWS: Michelle McNally Oct 25, 2021 Photo: James Bombales Amidst rising prices and dwindling inventory, it’s no secret that buying a home in Canada has become increasingly difficult, particularly for first-time buyers looking to get their foot on the property ladder. Hoping to help their loved ones set down roots in a home of their own, parents and family members have been known to contribute to the sizable down payment required for a property... [read more]

Ontario Real Estate Market Shifts into Adjustment Phase - REMAX CANADA

Wednesday Oct 27th, 2021


Homeowners in the Ontario real estate market have witnessed incredible gains over the last 20 months. After a modest slowdown in the first two months of the global health crisis, many aspects of the Ontario housing sector – particularly detached and semi-detached homes – soared and recorded record highs, from sales activity to price growth. But but has an adjustment phase commenced? The Ontario housing industry is bracing for a slowdown amid an environment of tight... [read more]