Alasdair Douglas, Real Estate Blog, Where was the spring market? Homebuyers continue to wait in the wings despite highly-anticipated first rate cut by the Bank of Canada

Nationally, home prices increased 1.5% on a quarterly basis in Q2 despite activity slowdown in major markets The spring market that never was: Canadian real estate remains in prolonged catch-up period as buyers idle on the sidelines Further interest rate cuts required to increase purchasing power and improve consumer confidence Second-quarter highlights:  TORONTO, July 11, […]

Alasdair Douglas’ Real Estate Blog, Important Changes to Capital Gains Tax, What You Need to Know

The 2024 federal budget introduced important changes to capital gains rates, and you should be aware of how this could impact you or your clients. A capital gain occurs when you sell, or are deemed to have sold, a capital asset for an amount greater than its adjusted cost base plus the outlays and expenses […]

Alasdair Douglas’ Real Estate Blog, Cornerstone Association of Realtors June Press Release

Waterloo Region Housing Market Sees Cooling Trend: Increased Inventory and Lower Prices Provide Opportunities for Buyers BY WRARJULY 4, 2024MARKET STATS WATERLOO REGION, ON (July 4, 2024) —In June, a total of 674 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a […]