Wayne Karl

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500,000 Reasons To Teach Our Kids About Real Estate Now

It's June and school will soon be out for the summer. What better time to teach your kids about... real estate? Why? There's actually more than 500,000 reasons to do so. The number is really 508,097 -- as in dollars, the average price of a home in Canada as of April 2016, according to the Canadian Real Estate Association. This represents a 13.1-per-cent year-over-year price gain. We need to educate our kids about the realities of property ownership before it overwhelms them.
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House For Sale For $1? Don't Fall For It

Realtor Manjit Singh of HomeLife Superstars Real Estate Ltd., Brokerage, said the home was his own, and wanted to unload it quickly. He earlier had listed the three-bedroom, four-bath house for $899,000, but it didn't sell. This time, he was going to hold a one-day auction on Wednesday, May 18, with bidding starting at $1.
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Who's Got Your Back, New-Home Buyers?

New homes and their warranty coverage are increasingly in the news these days, whether because of rising prices or other challenges, and are the subject of some debate. And not all provinces handle new home warranties the same way. The bottom line, no matter where in Canada you're located or who provides the warranty coverage, do you research.
Alamy

Why Student Housing May Be The Next Big Investment Opportunity

University and college enrolment is booming across Canada, and post-secondary institutions are scrambling to keep up by expanding existing buildings and opening new satellite campuses. The challenge is that the scholastic expansion doesn't necessarily extend to student residences, which creates a need in the rental market -- and thus an opportunity for investors.