The second biggest worry for buyers is whether they can afford the mortgage payment, say more than half of Canadians
A new survey says 56 per cent of Canadians see qualifying for a mortgage as a barrier to homeownership. This is up six points from a year ago. The report by Zillow also found that this concern rises to 64 per cent for consumers who recently purchased a home, likely linked to the mortgage regulation…
Average first-time buyer will take more time browsing Netflix than choosing a real estate agent
A new study finds that millennials lack understanding of the total cost of buying a home and the majority hire the first real estate agent they meet. The study, by Nobul, a digital marketplace that matches homebuyers and sellers with real estate agents, found that 67 per cent of prospective millennial home buyers agree finding…
Lauren Haw on how Zoocasa seeks to streamline the often-emotional real estate journey for clients
Lauren Haw is Zoocasa's CEO and broker of record. What is Zoocasa and what does it do? Haw: At Zoocasa, we provide intelligent, modern real estate services through the seamless integration of technology and our full-service brokerage team. We aspire for a real estate experience that’s enhanced by technology, but grounded in human connections. Real…
By Troy Media North American online real estate company Zillow has launched Canadian new construction listings on its website and mobile app to increase connections between home builders and potential buyers. On Tuesday, the company announced Brookfield Residential, a leading North American home builder, as the first builder to have its homes displayed on Zillow…
Study on affordable cities to buy a house says Regina, Saskatoon, Winnipeg, Halifax-Dartmouth, Calgay and Edmonton are the top six
Just how feasible would it be for a household on a median income to purchase real estate in Canada? According to a new study by Zoocasa of 15 major urban centres across the country, such a household would be able to afford the local benchmark-priced home in their region in a total of eight markets,…
Robert McLister, managing editor of Rates.ca, talks about the pitfalls of the government program and why fewer Canadians are likely to take part than anticipated
Robert McLister is managing editor at Rates.ca. What is Rates.ca? McLister: Rates.ca compares insurance, mortgages and credit cards from dozens of companies across Canada. By juxtaposing numerous providers, it's easier for consumers to quickly compare terms and find the best prices. How does the new down payment assistance program for first-time homebuyers work? McLister: The…
A Calgary entrepreneur has launched an innovative real estate company offering made-in-Alberta technology for homebuyers and sellers in Calgary and Edmonton. Bōde is an online peer-to-peer platform directly connecting buyers and sellers so they can work out a deal on their own time and on their own terms, without a real estate agent, thus saving…
From pickup trucks to minivans, what vehicle to rent, beg, borrow or even buy when you're moving - depending on the size of your home
On the fun scale, moving is right up there with looking for a job, root canal and shovelling snow off the driveway. And it’s made even worse if you don’t have the right vehicle (not to mention friends who have suddenly all left town). Borrowing your buddy’s hatchback and cramming it full of your stuff…
Technology-based businesses and shared workspace companies remained at the forefront of Canada's office space demand: report
Canadian commercial investment property experienced strong sales in the second quarter of this year, with record-high levels in the multi-suite residential sector, according to a new report. The Canadian Economic Outlook and Market Fundamentals Report by Morguard Corp. said investors looked in the multi-suite residential rental market to increase their exposure to sectors that had…
Ryan Mracek of Keylo wants the online realtor referral service to be the place consumers go to get unbiased, data-based real estate advice
Ryan Mracek is owner of Keylo. What is Keylo and what does it do? Mracek: Keylo is Canada’s largest realtor referral service. We use an evidence-based approach to find the best realtor to buy or sell your home for free. We put the odds of success in your favour in an industry notorious for holding…