Breaking Down the Costs of Selling Your Home in Canada Selling your home is an exciting milestone, but it comes with a variety of costs that homeowners should understand before listing their property. From real estate fees to legal expenses, knowing what to expect can help you budget and ensure a smooth transaction. Here’s a detailed breakdown of the typical costs of selling a house in Canada, so you can plan with confidence. Costs to Expect When Selling a House in Canada When... [read more]

🌟 Did You Know? 🌟 Canada’s most profitable crop is CANOLA OIL! 🛢️🇨🇦 But do you know the story behind it? 🤔 "Canola" stands for Canadian Oil Low Acid, a product created in the 1970s by Canadian government researchers. 🇨🇦 Before that, this oil was primarily used as an industrial lubricant until they created this food-grade variety. 🏭—not exactly appetizing, right? 💡 Here’s the kicker: While canola... [read more]

Hello my friends :) As we have all heard by now, Canada’s inflation rate has increased in the month of December to 3.4% from 3.1% in November  Before we freak out, let’s take a deeper dive into what that really means… WHAT CAUSED THE INCREASE? The headline inflation rate ticked up from 3.1% in November, largely because of a sharper decline in gasoline prices a year ago compared with last month. Economists were widely expecting this rise due to a base... [read more]

Our team at D'Amico Real Estate is honoured to be a part of the most reputable real estate brand in Canada. As many of you know, we pride ourselves with our reputation and service. Learning that RE/MAX have been voted #1 in this space makes us very proud.  Please take a moment to read more below...   For years, RE/MAX agents have earned the trust of buyers and sellers across Canada. This stems from their unparalleled experience, productivity, and professionalism in... [read more]

The Bank of Canada today published its 2024 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report. It also reconfirmed the scheduled interest rate announcement dates for the remainder of this year. In addition, the Bank published its schedule for the release of the Business Outlook Survey and the Canadian Survey of Consumer Expectations, and the Financial System Review. Interest rate announcements and... [read more]