Owning a home is a significant milestone — and one bonus is that it can come with significant tax savings! However, making the most of offerings like the Principal Residence Exemption can be tricky, and you may not be aware of all available tax-saving strategies. This guide rounds up the information you need about common Canadian home-related tax savings options and requirements for eligibility. Buying a Home: Tax Benefits and Programs The Canadian government offers several... [read more]

  With home prices and rates still relatively high, securing a mortgage can feel daunting––even to the most experienced borrowers. But don't let that deter you: If other home buyers’ experiences are any indication, odds are you'll eventually find a home loan that works well for you. In fact, research from the Real Estate and Mortgage Institute of Canada (REMIC) found that even after the Bank of Canada pushed rates to a 22-year high, most homeowners still... [read more]

Whether you’re putting your home on the market in a few weeks or a few years, strategic upgrades can make all the difference. But you don't have to embark on a major remodel to make a significant improvement. Even minor updates can have a big impact on your home’s aesthetic, and certain renovations can even boost its future sale price. From curb appeal to interior updates, here are seven weekend projects that will enhance your home’s current charm and long-term... [read more]

Once again, the number one story in real estate this summer is mortgage rates. But unlike last year, when a surprise series of rate hikes from the Bank of Canada sent skittish buyers back to the sidelines, all signs now point to the opposite scenario. Instead of market-chilling rate hikes, economists now expect market-quickening rate cuts—possibly starting as soon as this month.1 That means the housing market is likely to get interesting over the next few months. If fixed mortgage... [read more]

May is “Moving Month,” as designated by the Better Business Bureau and Canadian Association of Movers.1 It also happens to kick off the peak moving season, which generally runs from May through September.2 According to a survey by Statistics Canada, respondents listed their top motivations for moving as “bigger or better housing” (28.0%) or “a more desirable neighbourhood” (16.8%).3 But no matter the reason, a relocation can feel stressful and overwhelming.... [read more]