A quarterly report released this week by Royal LePage shows Calgary, Alberta as Canada’s fastest appreciating real estate market, with the average price of a two-story home skyrocketing to $397,867, a 54.6% increase over the second quarter of last year.
A recent report from Royal LePage Realty suggests that many Canadians are now paying more for cottages and recreational properties than for their homes.
Despite the recent increase in mortgage rates, loans backed by the equity in one’s home are still one of the cheapest ways to borrow money.
Frustrated with the continual increase in Canadian property taxes, a new group has formed in Ontario with the aim of capping the annual increase in property assessments.
One of the most important factors in how good a deal you’ll get on a property, is how motivated the seller is to unload the property.
