TABLE OF CONTENTS

• Considerations Before You Buy

• The Buying Process

Newly released March statistics have surpised many people in our industry.

As the media focuses on the doom and gloom we are seeing buyers come out from hiding. Investors are starting to pick up some good deals, and in some cases sellers are receving multiple offers. 

Volkswagen recently announced its intention to build a plant in St. Thomas for electric vehicle batteries. 

REALTOR® Cooperation

At CREA’s AGM next month, membership will be asked to vote on a REALTOR® Code amendment that will incorporate REALTOR® Cooperation as an ethical obligation. 

Here is the proposed REALTOR® Code amendment:

The Real Estate Council of Ontario (RECO) announced a delay in the implementation timeline of the TRESA (Trust in Real Estate Services Act) Phase 2 regulations.

Hear more about the delay from RECO CEO Michael Beard.
 

Amid widespread affordability concerns in Canada’s housing market, the Canada Mortgage and Housing Corporation (CMHC) announced a series of amendments to its foreign buyer ban. 

Imagine finding a home you love, making an offer, and then finding out there are other competing offers on the table. Ouch. 

If you’re looking for a property in a competitive market, it is likely that there will be multiple offers. Even just one can create the risk that you’ll lose the home. So how do you make sure your offer is enticing enough to win over the seller? Here are some ideas: