by David Larock | Aug 24, 2020 | Featured, Guest Columns
Mortgage rates continue to fall, and the mortgage stress-test rate that is used to qualify mortgage applications also fell from 4.94 per cent to 4.79 per cent. This marks the first drop in the mortgage stress-test rate since COVID-19 began. By comparison, actual...
by REM Editorial Team | Aug 21, 2020 | News
About one-third of Canadians say they no longer want to live in large urban centres and instead would opt for rural or suburban communities, says a survey by Leger on behalf of Re/Max. The survey says changes in work and life dynamics have also shifted consumers’...
by Toby Welch | Aug 6, 2020 | Featured, News
COVID-19 was like a bomb to the Canadian real estate industry, forever changing the way real estate is done. Markets were severely impacted and protocols were revamped overnight. The ins and out of real estate transactions are still morphing on a day-to-day basis. We...
by Natalka Falcomer | Jul 3, 2020 | Featured
Bill 192, Protecting Small Business Act, 2020 came into force on June 18. The goal of the act was to strong-arm qualifying landlords into the Canada Emergency Commercial Rent Assistance (CECRA) program. I say “strong-arm” for a reason; if qualifying landlords don’t...
by Paul Danison | Jun 26, 2020 | Featured, News
Half of the respondents in a Rentals.ca survey said they will need to look for a more affordable place to rent because of the COVID-19 pandemic. Another 20 per cent said they were uncertain about whether they will search for a more affordable rental until they are...
