Today's good inflation news and weakening economic data suggest that the Bank of Canada will cut its overnight policy rate by another 25 bps on September 4. Additional monetary easing is also likely in October and December, continuing through much of next year, triggering a rebound in housing activity. View this email in your browser More Good News On The Cana... read more

Achieving that perfect display home condition is not really as overwhelming as it sounds. Some sellers use professional "fluffers" to improve their home's appearance and sale price. Talented fluffers are masters of illusion. They have large storehouses of furniture and accessories or rental arrangements with various stores. After evaluating your home, they may decide to swap your old sofa for one that will make buyers take a second look at the room. After the house is sold the loaner sofa goes back to the store. Th... read more

As the cost of living rises with inflation, it becomes more attractive for homeowners to rent out their properties to generate extra, passive income. Doing so benefits the many Canadians who find themselves priced out of the housing market due to the cost of living and higher interest rates. The Rental Housing Index (https://rentalhousingindex.ca) website is an excellent resource for statistics on rental prices and demand across the country. Tax Facts Whether a homeowner leases their primary property as they trav... read more

In some regions across Canada, the real estate market has been steadily heating up. In these areas, real estate agents have more buyers than sellers, and multiple offer situations are becoming commonplace. It's called a seller's market, and it can be perilous for a buyer. The most common hazard for a buyer in a sellers market is to be in a multiple offer situation and get caught in a bidding war. With each round of counter offers, the price gets higher and the buyer has to decide between the possibility of overpayi... read more

Deciding what price tag to put on your home is never easy. Price is often the determining factor for potential buyers. Location, layout and amenities are important but in the end most of us have to look at the bottom line. Many sellers like to think they can start with the price they originally paid, add a healthy mark-up and wait for the offers to roll in. A lot of those sellers will have to adjust their price once their home is on the market. Try to put aside your subjectivityThe cherished memories you may hold o... read more