Category: Uncategorized
-
Canada’s Bold Budget Targeting Housing Crisis and Wealth Inequity
The budget introduces $52.9B in new spending, leading to a projected $40B deficit for the fiscal year.$8.5B is dedicated to creating up to 4M new homes by 2031, aiming to alleviate the housing crisis.
-
Upgrading your windows? Here are must-know tips for Edmonton homeowners
Researching multiple window companies is crucial for Edmonton homeowners, focusing on price, quality, and customer service. Energy-efficient windows are essential for reducing energy bills, especially in older homes. Key factors to consider include online reviews, energy ratings, price, and warranty. A strong warranty, ideally lasting 20 years or more, is vital for peace of mind.…
-
Edmonton Among Top 3 for Rent Increases
Edmonton is one of Canada’s most expensive cities to rent. A new report found that the cost of renting a 1-bedroom property in the city rose by 0.8% yearly.
-
Why September is a danger zone for Alberta commercial properties
Alberta Mounties warn business owners that September, along with July and August, sees the highest number of break-ins to commercial properties. In 2023, there were 4,516 reports of break and entry in Alberta, with July, August, and September having 451, 431, and 413 reports, respectively. To enhance security, they recommend installing alarm systems, ensuring proper…
-
Alberta Sees Increased Buyer Interest in 2024
Rising home prices nationwide have driven many buyers to seek affordable options in Alberta. Interest rate cuts by the BoC have renewed interest in purchasing homes in Alberta.
-
Strong Edmonton Housing: Sales to Rise 15% by End-2024
Average sale prices across all property types are expected to rise by 6% through the remainder of 2024. Edmonton’s Sales volume is forecasted to increase by 15% through the remainder of the year.
-
Maximize Your Alberta Multi-Family ROI
Alberta's economy and growth make it a prime location for Real Estate investors, especially in Calgary and Edmonton.Multifamily properties in high-demand areas offer significant ROI potential, driven by population growth and job markets.
-
So many mortgage renewals are due in 2025; what’s on the horizon?
In 2025, Canada will face $1.4 trillion in mortgage renewals, one of the largest in its history. Homeowners can renegotiate terms, but economic factors like interest rates and inflation will significantly affect these new agreements. This wave of renewals may lead to competitive mortgage products, though higher rates could increase monthly payments and financial strain.…
-
Alberta 2025 Forecast: Home Prices Will Rise by 8%
Avg home prices in Alberta are predicted to increase by 7.9% in 2025. By 2025, the average home price in Alberta could reach $523,012.
-
Can Canadian Rate Cuts Spark a Housing Revival?
The Bank of Canada reduced its benchmark interest rate by 25 basis points to 4.5%, the second cut this year.The 25-basis point cut lowers the variable mortgage rate, saving homeowners approximately $95 per month or $1,140 annually.