This year’s most searched-for price range in Canada was between $200,000 and $300,000 — less than half the latest national average home price of $640,000. Home-seekers were predominantly interested in houses (62.21%), ideally with more than 3 bedrooms and 2-3 bathrooms, while more than 65.5% of Canadians browsed for homes ranging between 1,000 and 2,000 square feet. Millennials dominated online house-hunting: Almost 44% of searches were performed by people aged 25 to 44, with the…
Based on the latest renter income figures, starter home prices and mortgage rates, in October, renters in Los Angeles and New York only earned 30% and 34%, respectively, of the…
The value we put on space — literally and figuratively — has increased following the pandemic. And, with elbow room topping the wish list for most Canadian homebuyers, it’s fair…
With inflation and the Fed’s rate hikes affecting both rents and mortgage affordability, it seems as though there’s no end in sight for home seekers’ trials and tribulations. Now, even the tiniest hopes at homeownership — which looked attainable when mortgage rates were still low — are currently being crushed by the harsh financial reality of the day: Keeping inflation in check is not compatible with the American dream. In retrospect, the low mortgage rates…
Searches for real estate-related keywords for Mexico exploded in the last 12 months, recording an impressive 60% year-over-year jump. This increase in interest solidifies Mexico’s reputation as the most popular…
Already getting the most attention from buyers of second homes, real estate searches in Mexico really took off in the past 12 months: The number of monthly searches for real…