If you are buying Canadian real estate it is important to know whether the seller is a “resident” of Canada or not. If the seller is a non-resident of Canada, you may be required to make a withholding from the payment of the purchase price to the seller, and to remit the amount withheld to the Canada Revenue Agency (“CRA”).
If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever.
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EXPANSIVE 270 degree VIEWS at the Mariner, an extraordinary LUXURY 1,253SF WATERFRONT Yaletown condo. Elegant, updated 2 BED + DEN, 2 FULL BATH with floor to ceiling windows to enjoy SW WATER VIEWS of False Creek
Could Rising Home Prices Impact Your Net Worth?
Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line.
Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it’s dwindling.¹ You’re not alone either if you’re already feeling drained by the complex logistics of trying to sell and buy a new home all at once.
Can I Buy or Sell a Home Without a Real Estate Agent? Today’s real estate market is one of the fastest moving in recent memory.
Circumstances like a once-in-a-hundred-years pandemic and historic inventory shortages might have made you assume that the housing market would lose steam, but there is plenty of evidence to the contrary. As Canadian Real Estate Association (CREA) senior economist, Shaun Cathcart noted, “records [are continually] being broken” in the residential property market.1
CIBC Economics – More Returning Citizens and Fewer Brain Drainers Might Ease the Sting of Reduced Immigration
CIBC Economics – More Returning Citizens and Fewer Brain Drainers Might Ease the Sting of Reduced Immigration