How Much Tax Do I Pay When Selling My Home in Canada? . In today’s economy, real estate is one of the best ways to generate wealth and fund your retirement. But while asset appreciation has been enormous – according to the Canadian Real Estate Association (CREA), the average annual rate of [...] The post How Much Tax do I Pay When Selling My Home in Canada? appeared first on RE/MAX Canada.
In Canada, everyone has an opinion about property taxes. Whether city dwellers or rural folk, each side will argue that the other is not paying enough in property taxes, making for a heated and spirited discussion about levies on the residence you worked hard to purchase. That said, aside from discussions over what the [...] The post What Do You Get in Exchange for Your Property Taxes in Canada? appeared first on RE/MAX Canada.
Canadian real estate has been a staple in headlines and above-the-fold features for years, but 2024 has been an especially turbulent year, the product of a perfect storm of factors including affordability, inventory, immigration, economy, interest rates, government policy, sidelined homebuyers clamouring to get back into play, and home sellers waiting for just the [...] The post Top 10 Canadian Real Estate Trends of 2024 appeared first on RE/MAX Canada.
Canadian real estate pioneer, esteemed business leader and philanthropist Walter Schneider has been appointed to the Order of Canada alongside 87 other outstanding Canadians, in what is considered to be one of Canada’s highest honours recognizing those who have made notable and sustained contributions to the country. Schneider redefined Canadian real estate when he [...] The post RE/MAX Integra Co-Founder Appointed to the Order of Canada appeared first on RE/MAX Canada.
What are condo fees, how are they calculated and what do they cover? Read on for everything you need to know about condo fees. The post What Are Condo Fees? appeared first on RE/MAX Canada.
What are the best places to live in Winnipeg? RE/MAX explores the region's top neighbourhoods, plus 300+ of Canada's "most liveable" areas. The post Best Places to Live 2024: Winnipeg Real Estate appeared first on RE/MAX Canada.
When housing markets begin to cool after record highs, some homebuyers get cold feet. Imagine you buy a home for $1.2 million. When it comes time to close, you notice a comparable home selling for $855,000 down the street. Now you’re having second thoughts. But can a buyer back out of an accepted offer [...] The post What Happens When a Buyer Backs Out of a Real Estate Deal? appeared first on RE/MAX Canada.
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You’ve found the ideal home. It could be the home you want to live in or one you hope to use as an income property. It could be a condo, house, or duplex. There’s just one issue – renters are currently living there. What do you do with the existing tenants? Buying a property [...] The post Buying a Home with Tenants in Ontario appeared first on RE/MAX Canada.
Neighbourhoods evolve. They are a living, breathing thing, growing and changing as people come and go. So, what attracts people to a neighbourhood in the first place? This question was a prevailing theme of RE/MAX’s 2024 Liveability Report, which evaluated Canadians’ most-valued liveability criteria, and based on that, the neighbourhoods that suited them best. [...] The post The Neighbourhood Dilemma: Can Canadians Have Both Affordability and Liveability? appeared first on RE/MAX Canada.
Alberta, one of Canada’s most prosperous provinces, has become a hotspot for real estate, attracting an influx of people looking to explore both building their careers and enjoying the high standard of living and the nature-focused quality of life the province offers. The average house price in Alberta is lower than in BC or [...] The post Why is Everyone Moving to Alberta? A Real Estate Perspective appeared first on RE/MAX Canada.
The Bank of Canada has made its latest interest rate announcement. Here is the reasoning for the Bank's decision. The post Interest Rate Announcement: BoC Delivers Second Consecutive “Jumbo” Rate Cut appeared first on RE/MAX Canada.