Traditionally, spring is one of the busiest times of the year for real estate. But the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, sales volume fell to its lowest level since 1984, according to the Canadian Real Estate Association.1   However, while sales have fallen, prices have remained stable. The average home price in April was down just 1.3% from the same month last year.1 And... [read more]

While no one can predict the future with certainty, there are signs that the Canadian housing market is starting to stabilize after a downturn in the first half of the year. Experts forecast that in most areas of the country housing prices will remain high, rents will rise, and mortgage rates will continue to creep up. So what does that mean for home buyers and sellers? To answer that question, we take a closer look at some of the top indicators. REAL ESTATE MARKET SHOWS SIGNS OF... [read more]

No one likes to think about disasters. Severe weather, fire, theft—or even a seemingly small issue like a broken pipe—can wreak havoc on your home and result in thousands of dollars in damages. Fortunately, a good homeowners insurance policy can offer you peace of mind that you and your family will be financially protected if disaster strikes. A homeowner’s insurance policy covers your home—as well as the belongings in it—in case of theft, accidental damage,... [read more]

It’s easy to get swept up in the excitement of buying a home. Once you’ve had an offer accepted on your dream house, you’ll probably be anxious to move in. However, before you make a significant financial commitment, it’s best to know exactly what you’re buying. When you hire a home inspector, you get a professional, in-depth examination of the property’s structures and systems. It’s a worthwhile investment that can save you money in the long run,... [read more]