January 2025 Presale Report: Market Lows and Steady Strides

"The holiday months are typically quiet as sales galleries close and kids are off for Winter Break. This year was no exception, and it shows in the data. As we enter a new year in the presale space, developers remain challenged with the same themes from last year – mainly high costs to deliver and
Benefits of Purchasing A Pre-Sale Home In Today's Market
2 years
Though the current state of the Canadian real estate market is a somewhat unpredictable one — due largely to inflation and rising interest rates spurred by the 0.5 per cent Bank of Canada increase announced last month— pre-sale remains a particularly good option for a number of reasons. From prime
Technological Innovation in Multi-Residential Homes 
2 years
Innovative technology has allowed developers to create homes that are up-to-date and on trend with today's homebuyers wants and needs. Many newer multi-residential buildings boast cutting edge features helping make people’s lives safer and more convenient. Below are two examples of the latest smart
Pre-Sale Homes in Victoria
2 years
Victoria is often thought of as primarily a student and retiree destination, though like other markets today is experiencing a rapid demographic shift. As the pandemic continues to alter many homebuyers’ lifestyle demands, southern Vancouver Island is proving to be quite the draw for Canadians near
Buying a Pre-Sale Home as a Second Property
2 years
Purchasing a pre-sale home as a second property, rather than a primary residence, comes with its own unique considerations. The intended purpose of your pre-sale purchase should be measured when determining the location and value of your purchase. You might be thinking of the property as a vacation
Property Tax on your Pre-Sale Home
2 years
After finding a pre-sale property you love and securing a mortgage, planning for property taxes can be daunting. However, as a new homebuyer, it’s necessary to know about and important to understand your taxes. While purchasing a pre-sale property can save you in some areas of taxation, there are
Wellness in the Home
2 years
Although the proverbial light at the end of the tunnel appears to be approaching, the pandemic has fundamentally changed how many view their dwellings. After spending a majority of time inside, buyers will likely continue to value those showcasing opportunities to encourage productivity and