National Real Estate
State of the Real Estate Market: May 2021
Soaring sales in March and April may have marked the crescendo of buyer demand in many local markets around the country as May saw numbers trend gently down. Nevertheless, market conditions remained tight, with limited supply continuing to put upward pressure on prices relative to one year ago.
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National Real EstateSold Over Asking: Why Real Estate Bidding Wars Could be on the Way OutWe’ve all heard the stories of homes selling for thousands over asking, but recent reports from some of Canada’s hottest markets suggest the tides may be turning. We’ll look at how real estate bidding wars contributed to the over-asking frenzy and the factors that could be ushering the trend out.
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BuyingWhat the New Mortgage Stress Test Means for First-Time Home BuyersStarting June 1, Canadian home buyers will be subject to a new mortgage stress test to ensure that they can handle their payments if interest rates go up. We’re taking a look at what the new stress test means for first-time home buyers in an already challenging market.
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Selling5 Tips Every First-Time Home Seller NeedsPutting your first home on the market is an exciting time, but it can also feel overwhelming – you’ll likely wonder what you need to do first and how you’re going to get the ball rolling. Luckily, we have five tips to set you up for success when selling your first home.
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SellingReasons to Sell Your Home With a REALTOR® in Today’s Hot MarketWondering if you need a REALTOR® to sell in today’s hot market? We get it – buyer demand is through the roof and homes are selling fast! But before you post photos of your home on social media and order a “For Sale” sign online, read these four important benefits of selling with a professional.
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BuyingShould You Buy a Home in a Seller’s Market?In the year since the pandemic halted the 2020 spring real estate market, record-breaking sales have pushed prices to soaring heights in many parts of the country, while inventory levels have dwindled. In seller’s markets like these, should you buy a home? Here’s what you need to consider.
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Home ImprovementHow to Transform Your Attic Into a Dreamy Living Space in 7 StepsYour attic is likely a storage spot for odds, ends, and a lot of dust! But if you’re a like us, you might have wondered how to remodel an attic into a room. Here are seven steps to help you convert your dusty attic into a dreamy living space!
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At PurplebricksHow does selling my home with Purplebricks work?Purplebricks makes selling your home simple – get a full-service real estate experience, for thousands less. Here's how it works!
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At PurplebricksHow can Purplebricks charge so little?We are proud of our business model because it allows Canadians to sell their homes for a low, fixed fee, while savings thousands in commission. Purplebricks saved home sellers an average of $13,500 in commission in 2019*, all while providing a full service, real estate experience.
