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Bank of Canada Leaves Interest Rate Unchanged

As widely expected, the Bank of Canada hit pause on a year-long period of rate hikes this morning, leaving the benchmark interest rate where it sat at 4.5%. This move provides welcome relief to homeowners and aspiring homeowners and could signal the end...

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Why is Most of the GTA a Seller's Market? What Does it Mean?
January's numbers are in and as you can see in February's Insights infographics, although Toronto has shown a balanced market at 4.2 months of inventory, the rest of GTA West continues to lean towards a Sellers' market with the average inventory average...
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Curb Appeal Counts

According to a study by Realtor magazine, homes with a smart and appealing exterior can sell on average for 7% more than those that need some TLC and updating.A good first impression can also make or break a viewing for a buyer from the get-go. So what...

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80s Interior Design Trends That Won’t Shock Today

A revolutionary decade for pop music and culture, 80s interior design trends were as bold as the fashions. Not all of these trends stood the test of time and quite rightly so - carpeted bathroom?!

As loud and exciting as the 80s were, full on neon walls,...

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RE/MAX 2023 Canadian Housing Market Outlook Report

Canadian Housing Market Shifting into Balance in 2023

Amid rising interest rates, and a looming recession, RE/MAX Canada is anticipating a modest decline of 3.3 per cent in average residential sales prices across the country in 2023.

The estimates are...

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New Toronto Vacant Home Tax

An annual tax will be levied on vacant Toronto residences, payable beginning in 2023.

A property is considered vacant if it has been unoccupied for more than six months during the previous calendar year or is otherwise deemed to be vacant under the ...

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