Blog by Andrew Peck

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Canadians will buy homes this year

Canadians will buy homes this year

Homebuying momentum in Canada is gaining steam. Across Canada, 10% of Canadians think they’re likely to buy a home in the next two years, a spike from 7% in 2008, according to the 17th Annual RBC Homeownership Study.

Younger Canadians, aged 18 to 24, will lead the way, with those very likely to buy almost doubling to 15% from 8% in 2009.

The study also found that 91% of Canadian homeowners believe a home is a good investment, the highest level in 12 years, and one-quarter (26%) expect their home to be their primary source of income when they retire.

Read more about the RBC study here.

 

Is our housing market at risk?

May 31st, 2017
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Moving towards a National Housing Strategy

May 1st, 2017
Moving towards a National Housing Strategy The Canadian Real Estate Association and its member real estate boards and associations across Canada have long advocated for better access to ...Click here to read more detail about 'Moving towards a National Housing Strategy'

What are the key challenges we face as a profession?

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What are the key challenges we face as a profession? If someone were to ask me what one characteristic Realtors® share, I'd say - adaptability.  Take a minute and think about i...Click here to read more detail about 'What are the key challenges we face as a profession?'

Will a luxury or speculation tax create more affordable housing?

February 2nd, 2016
Will a luxury or speculation tax create more affordable housing? In the last month, both the Mayor of Vancouver and economists from the University of British Columbia and Simon Fraser Un...Click here to read more detail about 'Will a luxury or speculation tax create more affordable housing?'