Growth of e-commerce not slowing brick-and-mortar Written by Richard Crenian, Founder and President of ReDev Properties Ltd. The growth in online purchasing is real and now represents close to 10% of the overall purchases made in parts of Canada, like in Alberta. However, the growth in e-commerce isn’t turning out to be the threat everyone expected for brick-and-mortar retail. Canadians continue to embrace shopping in physical stores and enjoys the engagement, especially when it comes to personal treatments and customer services. However, one of the biggest transformations we’re seeing for shopping centres is that it’s becoming unofficial community centres for neighbourhoods ...
Changing Retail Landscape
July 11, 2017
Remax Realtron Market Update May 2017
May 12, 2017
RE/MAX Spring 2017 Market Trends Report
April 28, 2017
Significant prices increases & High demand in the GTA during 1st quarter of 2017 spurred growing numbers of buyers to leave the downtown core. Read the full RE/MAX Spring 2017 report here
RE/MAX Realtron Discusses Recent Housing Changes
April 27, 2017
RE/MAX Realtron Discusses Recent Housing Changes The Ontario Government has implemented new regulations to the housing industry. Will these changes have a detrimental effect on the market? Listen in as RE/MAX Realtron Broker/ Owner Alex Pilarski and RE/MAX Realtron GM Cam Forbes weigh in on how the GTA Real Estate market is going to fare under the new regulations.
Saving For A Downpayment
February 14, 2017
Saving Up for Your Down Payment? Battle of the Tax-Sheltered Accounts: RRSP vs. TFSA Congrats, you’ve made the wise decision of buying a home. Purchasing real estate offers many benefits – forced savings, a tax-sheltered long-term investment and the ability to turn your home into an income source by renting it out, to name a few. With almost 70 percent of Canadians choosing to own their homes instead of rent, many feel the same way. While many Canadians aspire to own a home, the biggest hurdle is coming up with the down payment. In Canada, if you’re buying a home ...
Toronto Condo Market Outlook
February 1, 2017
Outlook 2017: Expect rentals, exciting mixed-use and higher prices Happy New Year! Pauline Lierman, Urbanation’s director of market research, was just hours into her first day back at work after the holidays when I managed to bend her ear about what 2017 holds is store for the Greater Toronto Area’s condo market. Good things, apparently! Here are some of Pauline’s predictions: New condo projects, particularly rental properties: With such low supply of all types of residential units right now, developers will respond by bringing exciting new projects to market in 2017. Think big names like Mizrahi Developments’ The One at ...
Electrical Safety Devices
January 17, 2017
GFCI and AFCI Devices GFCI and AFCI are specialized electrical safety devices with very different purposes. Let’s take a look at how each is used in the home as well as how they work. A GFCI, or Ground Fault Circuit Interrupter, is an inexpensive device that is designed to protect people from electrical shock in the home. GFCI receptacles should be installed in any area with potential risk for electrical shot with a direct path to the ground, especially areas with plumbing. These are commonly installed in bathrooms, along kitchen counters, in garages, unfinished basements, outdoor outlets and near swimming ...
Choosing the right home
January 5, 2017
Housing Decisions House, Townhouse or Condo? Would you rather own a house, townhouse or condo? In pricey real estate markets like Toronto and Vancouver, you might not have a choice: all you may be able to afford is a condo. But for those buying in more affordable markets like Edmonton and Saskatoon, with a decent down payment, you’ll have more choices. For me, a house was the right choice. Although my lifestyle is better suited for a condo, I chose a house because I believe it’s a better long-term investment than the other options. Here are factors to consider when ...
Toronto Condo Market in Focus
December 20, 2016
Santa, can you bring me a condo? by Suzanne Wintrob It’s supposed to be the season of giving, not taking－but it looks like some folks didn’t get the memo. In recent weeks, two major Canadian banks raised their mortgage rates and the City of Toronto started talking about harmonizing its land transfer tax with higher provincial land transfer tax rates. The industry reacted swiftly to the City’s announcement, with the Toronto Real Estate Board calling the proposed changes a “cash grab” that will not only increase costs for all Toronto home buyers but will impact first-time purchasers the most. With ...
Hot Backyard Design Trends
November 16, 2016
TOP Five Backyard Design Trends This years hottest trends in outdoor living and landscaping continue to push the boundaries, creating more complete outdoor living spaces. Technology and horticulture have merged to create smarter, and more efficient use of our most undervalued real estate, our backyard. We’ve counted the top 5 trends from this year that we expect to continue to be the hottest trends in outdoor living in 2017. 5. Drought Tolerant Solutions This past year will be remembered as one of the driest years on record. Drought tolerant and native trees and plants can drastically reduce your maintenance and ...