Many real estate market experts and industry members had been wondering how the market would react to deconfinement. Judging by the amount of activity we’re seeing at DuProprio, the answer is clear: the market is off to a flying start!

It’s true that selling a home requires a minimum amount of time and availability, even while you’re on vacation. But thankfully, today’s technology makes it easy to stay in touch even from a distance.

In order to limit the risk of spreading COVID-19, visiting a house for sale must be done in compliance with hygiene and social distancing measures issued by public health authorities.

A hidden (or latent) defect is something that is not easily detectable when you purchase a property, but that will hinder the normal use of a home and will generally decrease its value. Buyers and sellers equally fear the discovery of a hidden defect. But these nasty surprises are hard to predict.

The Canada Mortgage and Housing Corporation (CMHC) has tightened the eligibility criteria for its mortgage loan insurance. The restrictions are an attempt to reduce housing-related debt and prevent problems for certain Canadian households should house prices fall significantly.

There are a number of common conditions in an offer to purchase a property that must be adhered to, whether you’re buying a house or a condo. Until each and every one of those conditions has been met (and in a timely matter), the sale is not considered complete.

The best way to make any moving day go smoothly—pandemic or not—is to prepare in advance. Certain precautions are necessary in a context of social distancing.

When your buyer is a homeowner wanting to buy a new home, that buyer will make the offer to purchase conditional on the sale of their existing property. It’s important to understand that, as long as the conditions of that offer aren’t met, you can keep looking for a new buyer.

While it’s preferable to schedule individual visits with serious buyers, it’s possible to hold open houses while taking measures to reduce the risks associated with COVID-19. Owners who decide to hold an open house must follow the hygiene rules imposed by the Quebec government.