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Buyer Advice

Buying a home is a process full of nuance. Our Buyer Advice series features pointers on buying a home, national market updates, and general advice for finding and purchasing your next home in Fort McMurray.

Canadian Housing Market: Was December 2018 a Sign of Things to Come?

Jan 16, 2019

The beginning of 2018 saw the implementation of new stress tests for mortgages, casting a pall on home sales at the beginning of the year. Combined with the gradual increase in interest rates throughout the summer and fall,...

Canadian Housing Market – What’s in Store for 2019

Jan 07, 2019

The New Year is full of new things for the Canadian mortgage market. We have lots of things to tackle when it comes to such a fluid and versatile market, to begin with. Economists are making predictions while trends in...

Fort McMurray's 2018 Real Estate Market in 7 Charts

Dec 19, 2018

The Fort McMurray Housing Market in 7 Charts: 2018 vs. 2017 After what we have been through since 2014, it’s easy to understand why, if you are a homeowner, you might be tempted to despair. Or as a potential

Money Supply and the Canadian Housing Market: November 2018

Dec 04, 2018

With November 2018 past us, it's a good time to look at what last month brought to our housing market. Among other things, the effects of the October interest rate hike began to appear, and debt levels continued...

Can Canada Cope With Current Housing Unaffordability Levels?

Nov 27, 2018

With Canadians borrowing more and more, even in the face of higher interest rates, the national housing market has become increasingly unaffordable. While this has stoked fears of a crash, a look at the bigger picture shows that this scenario isn't...

Are Higher Interest Rates Set to Pull Back the Housing Market?

Nov 19, 2018

Since the Bank of Canada decided to raise interest rates yet again last month, the effect on the country's housing market has yet to be fully realized. While the true impact will take a few more months to measure,...

How Hard is it for First-Time Buyers in Today's Housing Market?

Nov 06, 2018

In the wake of the Bank of Canada's latest interest rate hike, first-time home buyers may become apprehensive about the possibility of owning a home. With even current homeowners going deeper into debt, it's not the most ideal market....

Interest Rate Hike: October 2018

Oct 30, 2018

As was expected, the Bank of Canada rose interest rates this week, the third time it has done so this year. The rate has risen to 1.75%, and the impact it has on the housing market is sure to be...

What Does Fall 2018 Have in Store for the Housing Market?

Oct 22, 2018

The gradual month-to-month real estate sales rise that started earlier this spring has been reversed. As reported last week, August to September showed a decrease in sales, and a decrease in housing starts. This contrasted with many analysts' projections of...

What Does a Slow September Mean for Canadian Real Estate?

Oct 15, 2018

September is behind us, and this week housing statistics from the month released. The results aren't the best: September saw the first monthly decline in six months. Until now, there were hopes the market was recovering from a change in...

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