One province is continuing to provide programs to help first-time home buyers jump into the market, and that’s great news for local brokers
US citizens living in Canada may find they are hit with hefty tax bills when they sell their home.
The cost of electricity is set to soar in Alberta with transmission costs expected to double in the next ten years.
The future of the business is online and, according to one major broker, industry players who embrace that model will thrive in the coming years.
The ever-popular discussion about just how overvalued Canadian housing is has received its most gloomy prediction, which has sparked discussion about the accuracy of the methodology used to arrive at these figures.
If you need even more proof that the housing market’s hot, consider this: million-dollar homes are hardly considered luxury properties in many of Canada’s larger metropolitan areas.
A new report shows how much you need to earn to live in Canada’s major cities and as you’d expect there’s some disparity.
It’s not a new idea but it’s one that’s gaining popularity in Halifax, loft conversions creating new homes on existing plots.
Investors hoping to make a quick buck by buying, renovating and selling properties should look into the tax implications of doing so.
Alberta’s expected surplus will now be a $500 million deficit due to the fast and deep drop in oil revenues.
While it may not be what brokers wanted to hear, the prediction that broker market share will continue to drop has inspired players to focus on what they can do thrive in the changing industry.