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RE/MAX The Most Affordable Housing Markets in Ontario

Details: Windsor. Home Price: $383,521 (CREA July 2020, year-to-date average price) Income Required: $52,192. Windsor is one of Ontario’s best-kept secrets. You can purchase a large property for the average price of a two-bedroom apartment in Toronto, and many young couples are following the smell of savings!

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Currently Available Properties Archives RE/MAX Canada

Details: RE/MAX INTEGRA; 7101 Syntex Drive Mississauga, ON L5N 6H5 Regional: 905-542-2400 Fax: 905-542-3340 Find Nearest RE/MAX Office; RE/MAX of Western Canada

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RE/MAX Buying and Selling a House in the Midst of COVID-19

Details: With government entities and real estate boards prohibiting traditional open houses, agents are leveraging creative methods of showcasing their client’s homes, virtually! While many agents have already been using tools such as interactive 360-degree video tours , some are now also hosting live video tours, in which prospective buyers can

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RE/MAX Cares: The Miracle Home Program

Details: Each day, more than 4,900 children receive care at a Children’s Miracle Network member hospital, and RE/MAX agents have been raising valuable funds since 1992. In total, we have 270 Miracles Offices who have raised over $2500 each year. We have nearly 7,000 agents participating in the miracle home program, donating an average of $453 each.

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RE/MAX Toronto House Prices

Details: Demand heavily outweighed the supply of homes for sale within the Greater Toronto Area, and the aggregate price of homes was $866,211, a 7.5-per-cent year-over-year increase. These skyrocketing prices were most apparent within the condominium submarket, where values had shot up 8.8 per cent year-over-year.

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5 Reasons Your House Is Not Selling RE/MAX Canada

Details: Reasons Your House Is Not Selling. 1. Wrong Listing Price. To you, your home may be priceless. After all, you have an emotional attachment to the place you call “home.”. However, to a buyer, that is not the case. Ultimately, it doesn’t really matter what the homeowner, or even the listing agent, thinks a house is worth.

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Saint John Housing Market Outlook (2021)

Details: The region saw average residential price rise to $202,195 in 2020 (Jan. 1-Oct. 31) up from $185,430 in 2019 (Jan. 1-Dec. 31). Looking ahead to 2021, the RE/MAX outlook for Saint John real estate is an increase of 5% in average price to approximately $212,304 across all property types. Saint John currently has about five to six months of resale

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Buying and Selling: Can I Close a Home Remotely

Details: While real estate continues to be an essential service, homebuyers and sellers will be required to evolve the standard process to protect against spread of the virus. The short answer is, yes, you can use remote closing to complete your home sale. In fact, over the last decade digital home closing has been a trend, but in this environment more

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Toronto House Prices RE/MAX Canada

Details: The Toronto Regional Real Estate Board (TRREB) notes that the pause on activity will lead to more demand once measures loosen. As a result of banned open houses, homebuyers have resorted to creative ways of viewing listings and engaging with the market, leveraging technology to facilitate the home-buying process while mitigating the impact of

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How Much Is My House Worth

Details: A buyer’s real estate market is characterized by more homes for sale than people to buy them. An influx of listings (or fewer homebuyers) means buyers face less competition in the purchasing process, and can often take their time and see more homes before making an offer.

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Why Do I Need a Real Estate Agent as a Seller

Details: When it comes to selling your home, hiring a real estate agent means less work, worry and risk. Hire someone who is knowledgeable and well-versed in all aspects of the real estate industry. “You want someone who knows your neighbourhood, your community, and has the experience necessary to sell your home quickly and for the best price.”

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Calgary Housing Market Outlook (2021)

Details: Further lockdowns due to COVID-19 will impact housing activity as open houses will likely stop. The average sales price in Calgary increased 0.03% to $458,742 in 2020 (Jan. 1 – Oct. 31), compared to $458,600 in 2019 (Jan. 1 – Dec. 31). The RE/MAX Outlook for Calgary real estate in 2021 is an increase of 3% in average price to approximately

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How Do You Buy A Home in a Seller’s Market

Details: The price of homes listed for sale can be stable or falling. In a balanced market , there is an equal number of buyers and sellers, resulting in reasonable offers and average days on market. Less tension between buyers and sellers results in stable home prices.

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Real Estate Terms: RE/MAX Home Seller’s Glossary

Details: Acronym for “For Sale By Owner,” meaning the seller hasn’t retained the services of a real estate agent or broker to assist with the sale of their home. By virtue of the FSBO, the seller will avoid paying the real estate agent’s commission fee, which is split between the listing and buying agent. Home Value Estimator.

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Kingston Housing Market Outlook (2021)

Details: During the same period, the average price of condominium properties in the region declined to $330,768, from $339,867 in 2019 (Jan. 1-Dec. 31). Low supply and rising prices are expected to be a continuing factor in 2021 market activity. Thus, the RE/MAX outlook for Kingston real estate is a 10% increase in average price to $510,491 across all

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Fredericton Housing Market Outlook (2021)

Details: Fredericton housing market to favour sellers in 2021, prices expected to rise 3-4%. The Fredericton housing market is expected to sit in seller’s market territory in 2021 due to a lack of inventory, which has been a common trend across many Canadian housing markets, which have prices trend upward in 2020. Indeed, the average selling price of detached homes in Fredericton increased to

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Mississauga Housing Market Outlook (2021)

Details: Indeed, Mississauga residential sale prices rose to $880,374 in 2020 (Jan. 1-Oct. 31) compared to $760,345 in 2019 (Jan. 1-Dec. 31). With supply levels expected to be a top concern in 2021, the RE/MAX outlook for Mississauga real estate is an increase of 4% in average price to approximately $915,588.

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5 Vancouver Tiny-Homes For Sale RE/MAX Canada

Details: 306 – 989 Nelson St, Vancouver, BC. Price: $529,000. Listing Agent: Michelle Comens, RE/MAX Crest Realty (South Granville) This bright micro-condo comes in at exactly 500 sq. feet, but the large floor-to-ceiling windows pull in a lot of natural light, making the compact space seem larger than it is. With one bedroom and one full bathroom

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Some of The Most Expensive Houses For Sale in Toronto RE

Details: 71 The Bridle Path, Toronto • $32,000,000. To kick off our tour of the priciest houses for sale in Toronto, here’s a palatial property and the most expensive place on our list. At just one year old, this 35,000-sq.-ft. home quite literally has it all, including a two-storey Grand Salon, a …

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Housing Affordability in Canada: 2021 RE/MAX Report

Details: Hamilton real estate is currently considered to be undervalued, with a 2019 average sale price of $535,843. When compared to cities that are of a similar distance from Toronto, Hamilton homes are generally set at a lower price point, with more than 50 per cent of stock found below the $600,000 threshold.

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Sudbury Housing Market Outlook (2021)

Details: Low supply and rising prices are expected to be a continuing factor in 2021 market activity. Thus, the RE/MAX outlook for Greater Sudbury real estate is an increase of 5% in average price to $327,537 across all property types, while sales expected to remain on par with 2020 levels. Housing inventory currently sits …

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Fraser Valley Housing Market Outlook (2021) RE/MAX

Details: The average selling price in Fraser Valley increased 6.9% to $701,031 in 2020 (Jan. 1 – Oct. 31) compared to $656,067 in 2019 (Jan. 1 – Dec. 31). The RE/MAX Outlook for Fraser Valley real estate in 2021 is an increase of 2% to approximately $715,051.62.

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Windsor Housing Market Outlook (2021)

Details: Indeed, the average selling price of homes in Windsor increased to $406,861 in 2020 (Jan. 1 – Oct. 31), up from $335,697 in 2019 (Jan. 1 – Dec. 31). With similar conditions expected next year, the RE/MAX outlook for Windsor residential real estate in 2021 is an increase in average price of 15-20%, to approximately $478,062 across all

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Regina Housing Market Outlook (2021)

Details: Regina to continue as a balanced market in 2021, prices to decrease 1.5%. Regina real estate is likely to continue as a balanced market in 2021, however, COVID-19’s impact on the local economy could result in lower sales for the region in 2021. The average sale price in Regina increased by 2% to $307,900 in 2020 (Jan. 1 – Oct. 31), compared to $301,400 in 2019 (Jan. 1 – Dec. 31).

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Kitchener Waterloo Housing Market Outlook (2021)

Details: Sales in the Kitchener-Waterloo housing market experienced a 60% decline in real estate activity at the peak of the pandemic, but according to the RE/MAX Fall Market Outlook Report, average home prices managed to remain steady.With many sellers holding off on listing their homes during the spring, the current market is seeing an increased amount of activity due to pent-up demand, with multiple

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St. John’s Housing Market Outlook (2021)

Details: Single-detached homes increased to $298,651 in 2020 (Jan. 1 – Oct. 31), compared to $285,846 in 2019 (Jan. 1 – Dec. 31). Meanwhile, the average price of condominiums in the region increased to $239,902, up from $214,217 in 2019 (Jan. 1 – Dec. 31). The RE/MAX outlook for St. John’s residential real estate in 2021 is a decrease of 2% to 3

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North Bay Housing Market Outlook (2021)

Details: North Bay housing market to favour sellers in 2021, prices expected to rise 4-6%. The North Bay housing market is expected to sit in strong seller’s market territory in 2021 due to a lack of housing inventory prompted by an influx of buyers from the south. Inventory challenges have been a common trend across many Ontario housing markets, putting upward pressure on prices in 2020.

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Canadian Housing Market Outlook (2021)

Details: Detached homes continue to be the most in-demand property type, while the region’s aging population and retirees are driving the condominium market. The economic slowdown and drop in oil prices in St. John’s have resulted in a buyer’s market, but activity is expected to pick back up in the latter half of 2019.

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The 411 on Pre-Construction Homes

Details: The 411 on Pre-Construction Homes. RE/MAX Canada 2020-08-21T13:21:52-04:00. May 24th, 2019. |. View Larger Image. There is no doubt that pre-construction homes have a certain appeal to homebuyers. Pre-construction homes are typically cheaper than their resale or ready-built counterparts, because you’re essentially buying a promise.

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How To Prepare Your House For Sale

Details: We understand that finding time to prepare your house for sale can sometimes feel like mission impossible. On top of having a RE/MAX agent there to help you through every step of the way, we’ve provided you with a list of the top five things to consider, to help ensure the transition from “For Sale” to “Sold” is a …

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Ontario Real Estate and COVID-19: New Rules In Effect

Details: Those engaged in the Ontario real estate market right are likely wondering what’s allowed and perhaps more importantly, what’s not allowed, under the new province-wide Stay-At-Home order that took effect last week. The emergency order is the third of its kind, in response to record-high COVID-19 case counts and particularly in light of the more-contagious and deadlier variants.

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The Best Home Renovations for the Biggest ROI RE/MAX Canada

Details: When contemplating a profitable renovation, nothing “sinks” a sale price quicker than a house that’s taking on water. Especially in this market, where strong sale prices are being paid for homes with “good bones,” ensuring that the roof and windows are in good shape, gutters and drains are functioning properly and the foundation is dry is crucial to realizing the potential value in a

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Our Commitment During the COVID-19 Crisis

Details: Our Commitment During the COVID-19 Crisis. We know this is a trying and stressful time for all of us in Canada. Things are changing almost hourly with government recommendations at the federal, provincial, and municipal levels. At RE/MAX, we want to offer you stability and comfort knowing your real estate needs are still being met in a safe and

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Edmonton Housing Market Outlook (2021)

Details: Edmonton housing market to remain balanced in 2021, prices to increase 2%. Edmonton real estate is likely to continue as a balanced market in 2021, with demand being segmented. Buyers are looking for single-family homes and yards, which includes duplex and row-style townhomes. The average sales price in Edmonton increased by 1% to $364,820 in

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Brampton Housing Market Outlook (2021)

Details: Indeed, Brampton real estate saw average prices rise to $835,088 in 2020 (Jan. 1-Oct. 31) compared to $727,035 in 2019 (Jan. 1-Dec. 31). It is anticipated that the market will see further growth during the first few months of the year. Thus, the RE/MAX outlook for Brampton real estate is an increase of 5% in average price to $876,830 across all

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When is the Best Time to Buy a House

Details: That’s why it’s important to work with an experienced and knowledgeable real estate agent. For more than 20 years, RE/MAX has been the leading real estate organization in Canada and beyond. With a presence in over 100 countries and territories, the RE/MAX network’s global footprint is unmatched by any other real estate brand.

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London Housing Market Outlook (2021)

Details: In April, the London housing market experienced a steep decline in the number of real estate transactions as a direct result of the COVID-19 lockdowns. However according to the RE/MAX Fall Market Outlook Report, sales activity began to resume in May, and June sales surpassed levels reached in June 2019 and June 2018.London is currently a seller’s market, especially for starter homes.

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Vancouver Real Estate Settles into a Calmer Summer Market

Details: Going forward, the supply of homes for sale will be among the most critical factors to watch. This will determine the next direction for house price trends .” Typically, analysts like to see the sale-to-active listings ratio below 12% which will indicate a dip in market prices; when this ratio is …

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How to Choose an Agent

Details: Motivated and Knowledgeable. W ith an average of 14 years in real estate, RE/MAX agents in Canada are among the most experienced and knowledgeable in the industry. They’ve seen a lot of different situations moving over 106,000 families last year alone in Western Canada! Our agents love helping people find their new homes and are full-time, dedicated and have some of the top accreditations in

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Toronto Real Estate: Rental Prices Continue to Go Down

Details: State of Toronto Rental Prices. According to the Toronto Regional Real Estate Board (TRREB), in Q2 the average one-bedroom condominium apartment rent was $2,083, down five per cent from Q2 2019. Meanwhile, the average two-bedroom condominium apartment was renting for $2,713, which is a 5.6-per-cent decrease from the same quarter the previous year.

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How to Buy Short Sale Vancouver Real Estate

Details: The lower the purchase price regarding comparable prices in an area, the faster you can see equity. This is where shorting Vancouver real estate comes in. Finding a short sale in Vancouver allows you to find a home at a lower price when the seller is underwater.

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Buy First or Sell First

Details: Pros of Buying First. By buying first, homeowners are less rushed to find the right home, so they can spend time making sure the new house fits as many of their needs as possible. “The ideal situation is to purchase a home and then sell your current property,” says Sarah Leib, RE/MAX River City. “Buying without having to sell first allows

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Micro Condos: What Are They, and Should You Buy One

Details: This is an homage to the micro-condo and proof the desire or even the need for smaller, more affordable units exists. While many buyers have moved in to their micro-condos as their primary residence, many others decided to rent out their mini units. Starting at about $1600 per month, these tiny apartments are still affordable by Toronto standards.

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Why Is Toronto Real Estate So Expensive

Details: Condos are being bought up to provide rental homes for GTA tenants desperate to find a home. According to Statistics Canada , 37.9 per cent of Toronto condos are not owner-occupied. More people are viewing condos as an investment property which is a problem according to Andy Yan , the director of the City Program at Simon Fraser University in

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Toronto Real Estate: 5 Takeaways from January 2021 RE

Details: Toronto real estate prices are expected to continue rising this year after a strong 2020.Here, we break down the January 2021 data from the Toronto Regional Real Estate Board (TRREB), and highlight some key takeaways for homebuyers and sellers across the Greater …

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Barrie Real Estate Market 2021

Details: Indeed, single-detached homes in Barrie saw prices rise to an average $596,960 in 2020 (Jan. 1-Oct. 31) compared to $539,890 in 2019 (Jan. 1-Dec. 31). During the same period, the average price of condominium properties in the region increased to $399,408. Low supply and rising prices are expected to be a continuing factor in 2021 market activity.

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Toronto Real Estate: Buying & Selling During the Winter

Details: Toronto Real Estate: Buying & Selling During the Winter. RE/MAX Canada 2019-12-19T08:30:58-05:00. December 18th, 2019. |. View Larger Image. When spring arrives in Toronto, so too do the for-sale signs on front lawns. That’s the Toronto real estate market for you. Despite the fact that as Canadians we should feel comfortable doing just about

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