Is the right time for us to purchase Real Estate? The question of when it is the right time to purchase real estate is always a very important family decision. For millennials, homeownership in Canada is approximately 50 percent. In contrast, 55 percent of their parents currently own their own homes. While millennials have lower ownership rates, it is expected that the numbers will increase this year. The average millennials are married at the age of 29, and most are in their early thirties. Many have been married for two to three years when they start a family, and then
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Monthly Archives March 2020
What You Need to Know About Cannabis Legalization in the Housing Market
Legal Recreational Cannabis and the Impact on the Ottawa Real Estate Market Recreational cannabis has been legal in Canada for just over one year. The Federal Cannabis Act has been rolled out in a very Canadian manner. Saskatchewan is considered to have been the most effective in the implementation of the new law. Ontario has been the slowest and is still lagging all the other provinces and territories. What has been the impact of the law on the real estate industry now and what will it be in the future? The Federal and Provincial regulations and the City bylaws are
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