The thought of real estate can be overwhelming, especially given its sometimes long and daunting process. Thankfully, The Canadian Home app, a new and trending app focused on real estate in Ontario, is here to help save the day!
The app is available for download on Apple and Android devices and is the first-of-its-kind, offering smart and interactive features that allow users to explore the real estate market and live without boundaries.
The app is being used by many to explore multiple properties; one of the benefits being that users can explore alongside the people they trust. Whether you’re making decisions with your partner, friend or family member, you can explore properties together – adding that extra support when making big decisions, so that you’re not alone.
The Canadian Home app is easy to navigate and is sure to benefit anyone who is a homebuyer, seller renter or investor.
Here are three reasons why you need to try this new and trending real estate app:
1. You can get all the necessary information about properties at the tips of your fingers (literally!).
How would it feel if you had all the answers to property-related questions through the app? Right from bed-bath allocation on each floor, similar properties in the neighborhood, nearby schools and school ratings, rental rankings and more.
By using The Canadian Home app, you gain access to the MLS listings (multiple listing service), with relevant information shared on a variety of properties across Ontario.
Through the app’s AI-powered technology you can view estimated prices of a property that you’re looking to buy, rent or sell, and compare with similar properties that were sold nearby to match prices. On top of this, you can view a 20-year history of the property and learn how much it is worth.
So go ahead and search for condos for sale in Toronto, or basement apartment rentals available in Mississauga or Brampton, because through the app you can get all the necessary information you need.
2. The convenience of The Canadian Home app is unmatched.
While exploring properties to buy or rent, how many times have you shared a link or sent a screenshot to your partner, family member or friend? Within the app, there is no need for that extra work as you can explore with whoever you’d like, together.
You can get real-time updates and notifications on properties you’re interested in and organize different properties based on your needs, because of the app’s smart technology.
Mark properties as ‘Favourite’ and get notified with updates or changes to properties. This feature alone is one of the highlights the app offers because real-time updates could mean getting the property you’ve been eyeing, or not, depending on different variables – like if it had been sold, terminated, or if there was a price drop or increase.
Another feature is the ability for you to chat with an expert; allowing you to invite an expert into a digital chat and ask property-related questions for free. This makes the process of real estate a lot less stressful – especially because you’ll be getting advice from dependable realtors.
Lastly, get access to search for open houses at nearby locations with experienced agents, and use in-app tools to calculate monthly mortgages and closing costs.
3. The Canadian Home app offers personalization.
Once you’ve downloaded and registered for the app, you’ll be able to personalize your home page. Are you looking at properties for sale, properties for rent, or pre-construction? Once you have an idea you can determine the type of property you’re looking for (detached, semi-detached, condo, townhouse, etc.).
You can also personalize properties based on how many bedrooms and bathrooms you’re looking for, whether you’d like a garage or a basement that’s finished, whether-or-not it includes a separate entrance or is finished, and more.
And lastly, filter out different properties based on the city you’re looking to reside in with the apps multi-city search.
Make the world of real estate a breeze by using The Canadian Home app, where information, convenience and personalization are all at your fingertips.
The Canadian Home app is owned and operated by The Canadian Home Realty Inc., so whether you want to purchase a home, seek a place to rent, or sell, The Canadian Home Realty Inc. makes it a convenient digital experience.
Download and register with The Canadian Home app today to get a sense of the real estate market or buy, sell, and rent across Ontario, with access to view over six-million listings.
For more information about The Canadian Home Realty Inc. and The Canadian Home app, please visit the website here. You can also follow The Canadian Home Realty Inc. on Facebook, Instagram, Twitter and YouTube.
TORONTO – One expert predicts Ottawa‘s changes to mortgage rules will help spur demand among potential homebuyers but says policies aimed at driving new supply are needed to address the “core issues” facing the market.
The federal government’s changes, set to come into force mid-December, include a higher price cap for insured mortgages to allow more people to qualify for a mortgage with less than a 20 per cent down payment.
The government will also expand its 30-year mortgage amortization to include first-time homebuyers buying any type of home, as well as anybody buying a newly built home.
CIBC Capital Markets deputy chief economist Benjamin Tal calls it a “significant” move likely to accelerate the recovery of the housing market, a process already underway as interest rates have begun to fall.
However, he says in a note that policymakers should aim to “prevent that from becoming too much of a good thing” through policies geared toward the supply side.
Tal says the main issue is the lack of supply available to respond to Canada’s rapidly increasing population, particularly in major cities.
This report by The Canadian Press was first published Sept. 17,2024.
OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.
The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.
On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.
CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”
The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.
The number of newly listed properties was up 1.1 per cent month-over-month.
This report by The Canadian Press was first published Sept. 16, 2024.
MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.
Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.
Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.
She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.
The two brokers were suspended in May 2023 after La Presse published an article about their practices.
One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.
This report by The Canadian Press was first published Sept. 11, 2024.
