Real Estate News

A Canadian’s attempt to secure a dream condo in Mexico ended in frustration when the pre-construction unit he paid for was never built. With more than 100,000 Canadians owning Mexican property, this case shines a light on the risks of buying overseas. The report urges prospective buyers to research developers, get legal advice, and confirm that projects are legitimate before making deposits. This cautionary tale emphasizes the importance of diligence when purchasing international real estate. #RealEstate #HousingMarket #CanadaRealEstate […]

Canadian multifamily rental markets have seen a short‑term pause due to slower immigration and a wave of unsold condos, but experts argue the outlook remains bright. Structural factors, population growth, housing shortages and affordability challenges, continue to favour rental housing, with home‑ownership costs consuming more than half of household income. Demographic shifts toward long‑term renting and the essential nature of housing keep occupancy and cash flows resilient. Investors who ignore the noise and focus on these long‑term fundamentals may find multifamily real estate an attractive, income‑producing asset class. […]

A REMAX Canada report finds that nearly half of prospective buyers, and especially millennials, view cottages as a practical first step into the housing market . With traditional home prices out of reach and some vacation spots now more affordable, young Canadians are looking to recreational properties for long‑term value . Yet return‑to‑office mandates, maintenance expenses and higher insurance costs may temper the appeal . Could a cottage be your stepping‑stone to homeownership? #RealEstate #HousingMarket #CanadaRealEstate […]