Robert McLister, managing editor of Rates.ca, talks about the pitfalls of the government program and why fewer Canadians are likely to take part than anticipated
Robert McLister is managing editor at Rates.ca. What is Rates.ca? McLister: Rates.ca compares insurance, mortgages and credit cards from dozens of companies across Canada. By juxtaposing numerous providers, it's easier for consumers to quickly compare terms and find the best prices. How does the new down payment assistance program for first-time homebuyers work? McLister: The…
Technology-based businesses and shared workspace companies remained at the forefront of Canada's office space demand: report
Canadian commercial investment property experienced strong sales in the second quarter of this year, with record-high levels in the multi-suite residential sector, according to a new report. The Canadian Economic Outlook and Market Fundamentals Report by Morguard Corp. said investors looked in the multi-suite residential rental market to increase their exposure to sectors that had…
Vacancy rates below 10-year average, rents on the rise: CBRE
Canada’s multifamily housing market is the most robust it has ever been, , according to CBRE’s new Canadian Multifamily Mid-Year Update. Apartment buildings are practically full from coast to coast and rental rates are at or near 10-year highs in almost every market, according to CBRE. The commercial real estate firm’s report said the national…
Tarynn Liv Parker of Listing Llama talks about helping people build a real connection with a realtor before listing or buying a home
Tarynn Liv Parker is CEO of Listing Llama. What is Listing Llama and what does it do? Tarynn: Listing Llama is a free app available in the Apple App Store, Google Play Store and online at listingllama.com. Our free tool helps home buyers and sellers to find the realtor who is right for them. It…
New buyer demographic comes with different lifestyle and property criteria than those of their boomer counterparts: RE/MAX
The majority of millennials are in the market to purchase a recreational property, according to a new RE/MAX survey conducted by Leger and released on Thursday. The survey found 56 per cent felt that way compared with 42 per cent last year in the survey. The real estate company said the increase in buying intentions…
Realtor said the owners are offering a stay of about a week but everything is negotiable in real estate
You wouldn’t think of not taking a vehicle out on a test drive before making one of the biggest purchases in your life. So why not a home? A Calgary homeowner who has listed a property for sale is taking the same concept and adapting it to the real estate industry. The seller is offering…
Ben Myers of Bullpen Research & Consulting talks about how markets are changing across the country
Ben Myers is president of Bullpen Research & Consulting Inc. What does your research tell you about today's consumer and what they’re looking for in a new home? Myers: Location remains the top priority for buyers, that hasn't changed. However, different demographic segments have much different priorities after location. In speaking with realtors and developers,…
Nationally, the composite of 11 markets was off by 0.95% from the peak in September 2018
(Troy Media) Prices for repeat home sales in Edmonton and Calgary are more than five per cent off from their peaks, according to the latest Teranet-National Bank House Price Index. The report shows that in December prices in Edmonton have fallen by 5.55 per cent from their peak in September 2007, while prices in Calgary…
Ryan DeLuca of the Calgary Real Estate Board talks about what a buyer can ask and what a seller must disclose about pot
Ryan DeLuca is supervisor of training and compliance, member practice, with the Calgary Real Estate Board. What are the biggest potential impacts to the residential housing market of the legalization of cannabis? DeLuca: For some buyers, cannabis cultivation in a property may affect their ability to secure financing or homeowner’s insurance on that property. Some…
Mark Hawkins talks about how Rentfaster.ca evolved from a small local website to a national brand by stressing customer service
Mark Hawkins is president and owner of Rentfaster.ca. What is RentFaster? When did it start and how does it work? Hawkins: Technically, Rentfaster.ca is an Internet listing service (ILS), but really it’s a website that’s designed to help landlords and renters connect. Rentfaster.ca started in 2003 and has evolved over the years to really help…
Robert McLister is managing editor at Rates.ca. What is Rates.ca? McLister: Rates.ca compares insurance, mortgages and credit cards from dozens of companies across Canada. By juxtaposing numerous providers, it's easier for consumers to quickly compare terms and find the best prices. How does the new down payment assistance program for first-time homebuyers work? McLister: The…
