There has been a lot of news lately regarding the real estate market and changes that are occurring. This information can be overwhelming and difficult to interpret however we are here to assist with what is really happening beyond the headlines. With the release of the Federal Budget this month you may be wondering what effects it will have on the Canadian real estate market. Check out our latest blog post below for a full summary of the real estate-related items and what impact they will have on the market (if any), and of course we are here to discuss how your personal situation may be affected by these proposed initiatives.
We are looking forward to another busy month as the Spring Market is in full force! Be sure to scroll down to enter this month's contest to win Toronto Blue Jays Tickets!
In early April, the 2022 Federal Budget was released and housing took top priority. Still needing to be voted into legislation, click below for a summary of the real estate-related items that were included in the budget, in order of those that would likely have the biggest impact on the market to no impact.
"I have worked with Alex Kluge now on four separate home sales and purchases. He is a constant professional that is truly a pleasure to work with. He provides excellent advice and is very honest in his feedback. I definitely plan to work with Alex again in the future."
With the oil and gas industry on the rebound in Alberta, Edmonton and Calgary look like they’re going to have a record-setting year on the real estate front. Lower prices, good rental rates and high demand offer investors an opportunity for positive cash flow – something that is hard to come by in Ontario without a large cash investment. Check out the opportunity below to buy into this new construction townhouse project in Edmonton with a 2-year rental guarantee!
One of the tell-tale signs of Spring in Ontario – fresh Rhubarb found at the market or your local grocery store. Rhubarb is one of the few remaining, truly seasonal vegetables, and it becomes available in April and May. Here is a delicious recipe for a Rhubarb Crumble, adapted from Fine Cooking, that is quick and easy to make and likely will be enjoyed by everyone in your family – even those who do not think they like rhubarb!
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