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Re/Max released an optimistic report this past week, citing that the housing market in Canada is not headed for a cooling down period. One fact that is making the organization lean in that direction is the number of bidding wars … Continue reading →

The city of Edmonton is blaming the province for the higher property tax its residents will see this year. Originally those residents were looking at a tax hike of about five percent, now it will be nearer to seven percent. … Continue reading →

Equifax, a consumer credit firm based in the United States, uncovered some $400 million in mortgage fraud in Canada’s lending industry in 2011. Those in the know believe that is only a small fraction of what types of cheating are … Continue reading →

First time homebuyers face plenty of rules, regulations and paperwork. But there are ways to help streamline the process, and perhaps save some money at the same time. One way is to take advantage of tax credits and some RRSP … Continue reading →

A recent study, the International Housing Affordability Survey, placed Edmonton in the top spot as far as housing affordability. It had the best numbers of the six metropolitan areas in Canada with populations of more than a million that were … Continue reading →

Housing demand is influenced by housing affordability. In turn, that affordability is influenced by job availability, interest rates and population growth, or lack of. As long as an area continues to attract new people, then housing demand stays strong. That … Continue reading →

December of 2011 saw strong home sales across Canada, but that same month saw prices flatten somewhat. Currently real estate prices nationwide are barely higher than they were in December of 2010, according to findings of the Canadian Real Estate … Continue reading →

Not all property investors know, or take advantage of, the fact that RRSP savings can be tapped to assist with mortgages and down payments. Individuals have leeway to do so, and this gives them the freedom to do a little … Continue reading →

Most of Canada’s provinces are expected to see economic growth next year, but clearly the stars will be in the western part of the country. On Friday, the Conference Board of Canada noted that Western Canada will see higher commodity … Continue reading →

During the last decade, the city of Edmonton has ranked second in the increase of home prices throughout Canada. Since 2000, the city has seen a 165 percent increase in home values, noted a Re/Max report released this past Monday. … Continue reading →