Interest Rate Hikes Drive Down Home Sales and New Listings in November 2022 | TRREB
Homeownership market activity in November 2022 continued to be influenced by the impact of higher borrowing costs on affordability.
Canadian Home Sales Fall In November 2022
On December 15, 2022 the Canadian Real estate Association (CREA) released statistics reporting Canadian home sales are down from October. Homes sales were down on a month-over-month basis in November 2022. “November’s housing data from across Canada came in as expected – still pretty quiet – and that is unlikely to improve this winter with …
MOULD | Part 2
Part 2: Information For Occupants What causes mould? Mould will grow if it is provided with moisture and nutrients. Different kinds of mould grow on different materials, as some kinds of mould like it soaking wet, while others may grow even if no water can be seen. Dampness inside a material can be enough for …
MOULD | Part 1
Facebook Instagram Twitter Youtube Link Linkedin Whatsapp Part 1: Mould In Housing at a glance How to identify, prevent and clean up mould in your home. Whether you are an occupant, a housing manager, or a builder or renovator, CMHC’s Mould in Housing series may help you be better informed about mould-related issues as well …
The ‘Right’ Home inspector
10 Questions to Ask Your Home Inspector The purchase of a home is likely the largest financial expenditure you’ll ever make, and getting your home inspected is an essential step in the home-buying process. No one wants to buy a money pit – and once you have signed on the dotted line, there is no turning back. …
Offers | The Agreement of Purchase and Sale explained
The Agreement of Purchase and Sale is the document that is used to state the Buyer’s desire to purchase the property, and to negotiate the terms of the sale. It is commonly referred to as an “Offer”. This document also allows the Buyer a chance to outline in detail all of the conditions they wish to be placed …
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Should You Buy A Home Before Selling Yours?
If you already own a home and you’re looking to move, the biggest dilemma involves timing. Do you buy your new dream home first and hope to sell your old home fast, or do you sell first and hope that a great property comes up on the market quickly? “The decision to buy or sell …
Protecting Your Valuables During An Open House
Just how comfortable would you feel opening your home to a complete stranger? Imagine walking away, knowing that someone you’ve never met is wandering from room to room, eyeing up and down the one place you feel most safe. Well it does happen – just about every weekend, in fact. A traditional open house is …
Is Your Dream Home a Former “Grow Op?”
Before you’re sold on a home’s granite countertops and stainless steel appliances, consider that a previous owner could have cooked up a lot more in the basement, bedrooms or even the family room. Buyers need to know that a home that was formerly used for a grow-op, may hold a stigma when it comes to …
10 Worst First-Time Homebuyer Mistakes
Are you gearing up to buy your first place? Arm yourself with these tips to get the most out of your purchase and avoid making 10 of the most costly mistakes that could put a hold on that sold sign. Not Knowing What You Can Afford | As we’ve all learned from the subprime mortgage …