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Renovations can double the value of kitchens

Kitchen renovations can increase the value of a home by 4-6%, but it has to be done correctly. Here is what Andrew Hibbs, owner of Edmonton-based Kitch, has to say on the matter.

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Montreal is Canada’s leading luxury market: Engel & Völkers

Montreal and Vancouver are expected to remain top destinations for international purchasers of luxury real estate because Canada’s housing supply is constricted it will create tighter market conditions.

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Canadian mortgage debt almost $2 trillion in May

“Over the first five months of 2021, households added $57.5 billion in mortgage debt, compared with $34.3 billion over the same period in 2020,” said StatCan.

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Government accused of swindling first-time homebuyers

The First-Time Home Buyer Incentive has been modified to improve income qualification. These changes raise the maximum household income from $120,000 to $150,000.

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June virtual conference promises to turn agents into millionaires

“The easiest way to prove to people you can help them is to just start helping them, no strings attached,” said Craig Proctor, the master realtor who revolutionized the team concept.

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Expect rise in attempted mortgage fraud: broker

According to a recent Equifax survey, 9% of respondents admitted they weren’t fully truthful on their mortgage applications and that Millennials were more comfortable with the idea of falsifying information.

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These condo units offer investors the best bang for their buck

Investing in a smaller unit like a studio condominium may be the safest bet for investors in an expensive market like Toronto. According to these experts, here's the cash flow you can expect to see.

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Pandemic containment measures in Canada caused job losses and a rise in the unemployment rate in Apr

Following the third wave of COVID, Statistics Canada released a labour survey outlining that both part-time and full-time employment declined.

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32 years needed to afford down payment in Vancouver: National Bank

This is how long it takes in years to save for a down payment in each of these major cities in Canada. And yes, it's a long time!

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416 condo market eclipsed 905 in Q1: Urbanation

According to an Urbanation report, preconstruction condo sales in the City of Toronto climbed to 2,886 in the first quarter of the year from 2,829 in Q1-2020.

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The hidden housing bubble

"[...] Demand has been so high because people have the expectation that there’s no need to return to Toronto when the pandemic is over."

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If the GTA housing market cooled in April, that’s good news

A cooling market isn't necessarily a bad thing. Bradley Watson, a broker with Watson Estates in Toronto, told CREW that we need some breathing room. Here's why.

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Bitcoin and real estate: can you buy real estate with Bitcoin investments?

With Bitcoin becoming such a success and increasing in value, is it a smart move to use it to purchase real estate? Yes and no. Here are some things to keep in mind.

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