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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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Aggregate Canadian home price rose by 25% in Q2

The aggregate price of a home in the country is expected to reach $771,500 by the last quarter of the year because foreign students, newcomers and investors will have arrived.

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Bank of Canada tapers bond-buying again

The Bank of Canada raised its inflation forecast in the newly released July Monetary Policy Report (MPR), making it one of the most hawkish central banks in the world.

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Canada has a student housing gap waiting to be filled

“Historically, we have done all our pre-leasing between January and April for the following September school year. This year it’s been quite different," said Sanjil Shah, managing partner of Alignvest Student Housing.

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Investors should be wary of rising building costs

CREA reported a 38% year-over-year increase in housing prices in May mainly due to supply and demand issues, and the rise of material and labour costs.

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Canada's jobs recovery resumed in June as lockdown began to ease

Restrictions are expected to continue easing through the summer, which should mean more solid gains over the next couple of months. Here's where the bulk of job gains were seen.

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Webinar will explore how to flip assignments properly

Ryan Coyle, a seasoned investor and co-founder of Connect.ca Realty, will be hosting a webinar on July 22 from 2-3 PM to discuss the benefits flipping condo assignments holds for investors.

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How to capitalize on single-family investment properties

According to this real estate broker and university instructor, investors who can secure single-family investment properties outside of the MLS will have a better time carrying it.

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Canadian investors bullish on U.S. multifamily market

Canada comprised 32% of international investment in the U.S. between the first quarters of 2020 and 2021, the largest share of any country according to a new report by Marcus & Millichap.

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Canada’s luxury market sales robust in first half of 2021

The Greater Toronto Area’s luxury market outperformed all others in the country during H1-2021, with sales over $4 million surging by 276% year-over-year.

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Is it time to openly embrace housing auctions?

“Unfortunately, for too many, the current real estate market is a frustrating game of musical chairs, with more and more people circling a fewer amount of chairs,” said OREA’s CEO Tim Hudak.

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