In late-December, when the Government of Canada announced the guidelines around the Prohibition on the Purchase of Residential Property by Non-Canadians Act, better known as the Foreign Buyer Ban, the Real Estate and related industries had little time to implement a foreign buyer ban that was to be in effect as of January 1st, 2023.… Continue reading The Government of Canada rolls out changes to the foreign buyer ban
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Author: Deeded Team
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Canada just added a million newcomers. What does it mean for Real Estate prices?
Canada’s population has grown by over one million people for the first time in history, with almost all of the increase due to international migration, according to Statistics Canada. The country’s total population now stands at 39.57 million, with a growth rate of 2.7%, which could lead to the population doubling in about 26 years.… Continue reading Canada just added a million newcomers. What does it mean for Real Estate prices?
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Top considerations when buying a waterfront cottage in Ontario
Buying a waterfront cottage in Ontario Buying a waterfront cottage is a dream for many families. Cottages have long been a big part of Canadians’ lifestyles, taking in all the beauty and nature that Canada has to offer, while making family memories. Ontario is home to some of the most beautiful lakes and natural scenery… Continue reading Top considerations when buying a waterfront cottage in Ontario
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Why Real Estate investors are flocking to Alberta
Ontario and BC have long been a hotspot for real estate investors. According to the Canadian Real Estate Association (CREA), Ontario’s housing market has experienced significant growth over the past 10 years. From 2011 to 2020, the average residential sale price in Ontario increased by approximately 130%, from $363,908 to $837,804. This represents an average… Continue reading Why Real Estate investors are flocking to Alberta
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Guide to Closing on Your First Home in Canada: Tips for First-Time Homebuyers
Buying your first home can be an exciting and daunting experience. There’s typically a lot of stress that culminates when you are closing your transaction. Questions and doubts such as “are we making the right decision?” or “did we make any mistakes”? are common in the mind of first-time homebuyers. Closing a real estate transaction… Continue reading Guide to Closing on Your First Home in Canada: Tips for First-Time Homebuyers
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What happens when a pre-construction condo project gets cancelled?
Buying a pre-construction condo is an exciting investment opportunity. Most often, buying pre-construction can potentially save you money compared to buying a resale unit. It also allows you to have a lot more choice and control over location, finishes and amenities as opposed to the constraints with a resale property. However, sometimes things don’t go… Continue reading What happens when a pre-construction condo project gets cancelled?
