August 2020 RSS Feed

Found 5 blog entries for August 2020.

 

Canada’s westernmost prairie province is experiencing unprecedented market activity. From urban cities to rural areas there’s something exciting for everybody in this province! If you’re searching for your next home, then Alberta may fit the bill as an ideal market for hopeful homebuyers. Here’s what’s you need to know if you’re currently thinking about purchasing a home in this province:

Home Sales Across Alberta

In Calgary, home sales have risen month to month, especially for detached and semi- detached homes. However, year over year sales have declined by 15 per cent reflecting the continued uncertainty in the market.

Despite these downward trends, favourable borrowing conditions may spark more activity in the Calgary real estate…

978 Views, 0 Comments

Canadian housing market expected to remain active for the remainder of 2020 due to pent-up demand and low inventory levels, say RE/MAX brokers and agents

Canadians showing more interest in suburban and rural homes for sale, as work and life dynamics shift 

  • Canadian housing prices anticipated to increase by 4.6% in the third and fourth quarter according to RE/MAX brokers and agents. This is compared to the earlier prediction by RE/MAX brokers and agents of +3.7% at the start of the year.
  • 32% of Canadians no longer want to live in urban centres, opting for rural or suburban communities instead.
  • Canadians are almost equally split in their confidence in Canadian housing market, with 39% as confident as they were before the pandemic, and 37%…
1,155 Views, 0 Comments

There’s no doubt that 2020 has been a challenging year for many Canadians. While health and safety parameters such as social distancing have affected the economy, real estate has continued to operate as an essential service, and appears to have weathered the storm – at least for now.

Depending on your financial situation and the government’s interventions to bolster the economy, first-time homebuyers may be encouraged to set their sights on ownership. While there was a dip in activity at the outset of the economic shot-down, with fewer home sale transactions in March across major Canadian cities, the market bounced back much faster than anticipated and there are opportunities to explore.

In response to the pandemic and even prior to it, real…

667 Views, 0 Comments

Most Canadians are working from home now, and we’ve all read a half-dozen articles on tips on making the most of it.

But did Canadians forget to keep an eye on their home insurance policies?

It depends on the nature of your work and your employment status, but yes—there’s a possibility that your home insurance policy may need an update if you’re working from home

Employees Working From Home Are Probably Fine

While every home policy is different, it’s unlikely that working from home as an employee would change your home insurance rate. Jobs that actually can be done from home usually involve little more than laptops, inherently making them low-risk activities.

Working for an employer at a desk job doesn’t carry the same risk as running the…

991 Views, 0 Comments

 

As post-secondary students resume their studies across Canada this fall, they will be spending less time on campus and more time in front of their computers as colleges and universities begin the fall semester with the majority of learning happening online. 

That means where they live and the amenities offered just became that much more important. Many university residences are limiting the number of students living on campus, capping occupancy at 30 to 50 per cent in September to prevent community transmission of the novel coronavirus. Shared dorm rooms will now be for individuals only. Homestays are also in jeopardy, as landlords remain concerned about the virus entering their homes.

That has left some post-secondary students scrambling…

1,142 Views, 0 Comments