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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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Behind the scenes with Vertical Marketing Realty

Vertical Marketing Realty helps developers with everything from their pricing strategies and market research to actual sales, marketing, project management and building design.

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Sales activity is declining, so why are prices still rising?

“We expect intense upward price pressure to persist nationwide in the near term,” said Robert Hogue. "Further moderation in activity will not be sufficient to rebalance markets."

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74% of Ontarians 18-34 don’t think they can buy home: survey

"Every time I talk to my older clientele who have kids, the first thing they always say is, ‘I don’t know how my kids will ever afford a home," says the broker of record at Stomp Realty in Toronto.

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Hamilton’s ‘hidden gem’ properties

"There’s a hidden gem: mixed-use commercial properties in downtown Hamilton that might be able to be converted into residential properties."

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Home sales fell again in May, but don’t get used to this

Despite buying activity decelerating in May, the average selling price still crept up by 1.1% month-over-month to reach a record $1,108,453 thanks to new listings decreasing in April.

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Housing is Driving The Canadian Economy

Q4 economic growth was much stronger than expected. This could help explain why interest rates have risen so fast recently and could portend a more optimistic statement from the Bank of Canada next week.

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Another Weak Canadian Jobs Report For May

Pandemic containment measures in Canada caused job losses and a rise in the unemployment rate in April. See what Statistic Canada's Labour Force Survey report outlines.

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Canadians’ credit debt is shrinking, but mortgages surge 26%

Mortgage originations grew by 25.8% year-over-year in the first quarter of the year as a result of interest rates falling to record lows. That also caused home prices to increase by 31.6% in March.

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Vancouver’s affordability woes amplified by supply shortage

"We’re expecting something in the neighbourhood of 200,000 people over the next five years, but we’re only completing 11,000 homes a year."

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New tool lets landlords ‘bank check’ prospective tenants

Landlords now have a more efficient way of determining renter suitability with this new tool called Rentify. Here's what the CTO and co-founder has to say.

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