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Protect what matters most, not just your house.

 Source of this article: Canada Life. 

When you buy a home, you need a way to help protect yourself and your family financially, no matter what happens. Mortgage insurance may seem like a good way to do this – if you die your mortgage is paid off. That’s why when you sign mortgage documents, a mortgage manager or your lawyer will provide you with an option to purchase a Mortgage Insurance. But is it the best option for you?

Insurance is about more than just your home: it’s about protecting what’s important in your life. That’s why individual insurance may better suit your needs.

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Single home buyers hesitant to purchase, despite strong financial means and low debt

  • Twenty-six per cent of single Canadians are considering purchasing a home on their own, with Atlantic Canada leading the pack at 34 per cent
  • Fifty-two per cent of single Canadians said economic uncertainty and expensive home prices are the biggest factors impacting their decision not to purchase a home on their own

As Canadians’ household debt ratio creeps higher across the country, single Canadians who are interested in buying a home on their own (26 per cent), seem to be on a different path. According to a recent RE/MAX survey conducted by Leger, almost half of respondents (43 per cent) have less than $5,000 in debt, casting doubt on claims that debt is impacting their decision to purchase a home.
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How much is my house worth?

One of the many benefits of owning a home is having the ability to sell it one day – hopefully for a healthy profit, which can then be leveraged to purchase a larger home, an investment or recreational property, or help finance your retirement. Once you decide that you’re ready to take the leap and list your home for sale, the next question you need to ask is, “How much is my house worth?” This is a loaded question indeed. It opens the floodgates to a slew of other factors that will each impact your decision on asking price to varying degrees.

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Top 10 Reasons to Visit a Home Show

Planning to buy a home? Sell a home? Perhaps you’re looking for the latest and greatest products to deck your home out in true style. Maybe you need some ideas and inspiration. There are lots of great reasons to visit a Home Show. Here are 10.

We all know that keeping a home current can increase its value. Whether it’s changing the look and feel of the space, gathering design tips or learning about the latest home technology, the GTA Home & Reno Show and the National Home Show are the place to find it. Exhibitors have the tips and advice to help make a house a “home” while increasing its curb appeal and the overall market value.

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Key Liveability Factors When Buying or Selling a Home

When buying or selling a home, it’s important to think big. Look beyond the home itself. What does the neighbourhood have to offer? These features factor into the “liveability” of a community and help contribute to a home’s appeal (translation: higher resale value). Unfortunately, liveability factors are often lost among a home’s marble countertops and square footage.
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RE/MAX 2019 Housing Market Outlook

CANADIAN HOME PRICES EXPECTED TO INCREASE BY 1.7 PER CENT IN 2019

Modest price increases are expected in 2019, as the RE/MAX 2019 Housing Market Outlook estimates the average sales price to increase by 1.7 per cent. Housing markets across the country have stabilized in 2018, after the unprecedented increases in average sales price that many markets experienced in 2017. However, there continue to be some outliers in 2018 average sales price gains, particularly in areas outside of the main city centres, such as Chilliwack (+ 13%), Windsor (+13%), London (+17%) and Charlottetown (+11%). Continue reading