Purchasing a house is one of the most important financial decisions you’ll make during your life and something you’ll have to plan for in advance. Before you can decide on a budget for your next home, you’ll have to assess your financial situation and understand what costs you’ll be paying during the home buying process.

To help ease you into the finances of making a purchase, we’ve compiled a free, downloadable guide that includes important information about the finances of purchasing a home. Get the Financing Your Purchase guide here.

The guide covers the essential finances that are involved when buying a home – including what they are, what you need to know about them, and how to calculate an estimate. Sections in the guide…

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Moody's 2021 home price index forecasts 6.7% decline for single-family homes, 6.5% drop for condos

There is a 'dangerous' oversupply of new, single-family homes in Calgary and Edmonton, on top of affordability issues in Vancouver and Toronto, a Moody's Analytics report says. (Jonathan Hayward/The Canadian Press)

Home prices across Canada could tumble about seven per cent in 2021, as unemployment dampens the hot real estate market, according to a forecast by Moody's Analytics, Inc.

There is a "dangerous" oversupply of new, single-family homes in Calgary and Edmonton, on top of affordability issues in Vancouver and Toronto, the financial intelligence company said in a report this week.

"The housing…

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Is it time to purchase a new home?

What an exciting experience buying a new home can be. You’re creating a new and fresh future for you and your family. Regardless if you’re looking for something bigger, a little more modern, or with an open concept design, you might need a little help getting started. A real estate agent can help you determine exactly what you’re looking for, in what price range, and then truly bring your dream home to light.

Let’s take a look at 7 benefits of working with a real estate agent:

1. Better Access to Homes

Real estate agents know the local market inside and out. Although most homes are listed online for buyers to explore, many sellers want to keep their sale rather private. There are many reasons for…

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As the days begin to get shorter and the colder weather approaches, there is no question that many people are beginning to question their living situation and what they can do to make the winter months more bearable. COVID-19 is also still at the forefront of many people’s minds, which also adds to the number of people opting to stick close to home and stay inside this winter.

We reached out to our RE/MAX Influencers – a panel of RE/MAX Sales Associates from across Canada – who provided some great insight into what you can do to help create more space indoors during the upcoming winter months.

Let in the Daylight

Shorter days equal less daylight, so taking advantage of any light during the daytime is essential for creating more space…

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The COVID-19 pandemic shook the Canadian (and global) economy, causing business closures and job losses across many industries. But the public health crisis has failed to drive a stake through the Canadian real estate market – so far. Despite a slowdown at the height of the pandemic earlier this year, the nation’s housing sector has enjoyed a record-setting recovery from coast to coast, thanks in part to a combination of tech-savvy real estate agents, low interest rates and high demand. Although homebuyer trends are evolving, major urban centres and small towns are experiencing booming sales activity and rising prices.

With winter on the horizon, can the housing market maintain its upward trajectory? Some believe that pent-up demand has likely…

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