March 2025

Real Estate Market Holds Steady Amid Changing Conditions

Home buyers continued to benefit from substantial choice in the resale market in February 2025. Home sales last month were down in comparison to the same period last year, while listing inventory remained high, providing substantial negotiating power for homebuyers.

Tax Deductions and Credits for Homeowners

Many taxpayers overpay their taxes simply because they fail to claim some of the common deductions and credits they are entitled to. As a homeowner, there are several home tax deductions and credits that you can claim.

Types of Home Ownership

The laws covering property ownership may differ from province to province in Canada. In general (aside from sole ownership) there are five basic ways for two or more individuals to own real estate.

The Importance of Getting a Mortgage Pre-Approval

Before you fall in love with a home, you should ensure that you qualify for a mortgage so you have the peace of mind of knowing that your financing has been arranged.

The Benefit of On-Demand Tankless Water Heater?

Hot water usage in Canadian households consumes between 15 and 30% of a home’s energy demand. Surprisingly, the technology used to heat water is traditional and highly inefficient when compared to the tankless or on-demand technologies now used regularly in Europe and Asia.

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