Dealing with Bully Offers in a Hot Market

Bully offers are not illegal but they are controversial and stressful for sellers. Real estate professionals can get themselves into trouble if they don’t handle them correctly. Canadian real estate markets have generally cooled down during the last year, but there are always popular neighborhoods where bidding wars between buyers end up frustrating potential homeowners.…

Canada’s Emerging Tech Markets Attract Investors

Toronto has emerged as one of the five largest tech markets in North America, but real estate investors would be well advised to keep an eye on fast growing markets in Ottawa, Quebec City, Hamilton and Victoria. When CBRE released its annual Tech Talent Scorecard last year, Toronto got a lot of attention. It was…

Alarm Bells Sound as HELOC Loans Increase in Canada

With home equity lines of credit now accounting for 11.3 per cent of total household credit, there’s fear that consumers are taking on too much debt and are overly optimistic about being able to repay the loans. A recent survey found that many consumers don’t understand how home equity lines of credit (HELOCs) work and…

Going it Alone: The Single Homebuyer

More Canadians are living with their parents as high real estate prices and tough mortgage qualification rules make it difficult for young people, especially singles, to buy a home. Here’s how some young homeowners achieved their goal. Real estate affordability in Canada is a hot topic these days. Following a decade of house price appreciation…