Economy, inflation, and interest rate – A complex formula

Right after the COVID lockdown, the term “inflation” became commonplace in households. Each day, media outlets extensively discussed inflation and interest rate hikes, leading to growing apprehensions about the likelihood of such hikes. Eventually, the Bank of Canada (BOC) indeed raised its prime lending rate several times in a bid to control inflation. Inflation, characterized…

Real estate market behavior – Factors

The market slowed down in the later part of 2022, right after the real estate peak between late 2021 and mid-2022. During that time there were several speculations and people were quite confused as to whether it was a market meltdown (collapse) or corrections. To make matters worse, the media and social media published baseless reports….

Custom homes or spec homes, home owner’s perception

Nine Arch Estates often receives calls from customers or potential clients who are in the process of assessing the feasibility of building their custom homes. When asked whether they have completed drawings, they either confirm they do or mention they are in the process of making them. However, some are hesitant to share the drawings…

Is “net zero homes” a buzzword, builder’s responsibility, or home owner’sĀ appetite?

The concept of “net zero homes” has garnered increasing attention in recent times, raising questions about whether it’s a mere buzzword, a builder’s responsibility, or a reflection of homeowners’ preferences. Net zero homes are those designed to operate completely off the grid, generating all the energy they need without external sources. Alternatively, there is the…

Where all the goods and the bads begins in custom home building

It all starts with an idea, unique to each individual, and not inherently good or bad. When clients share their imaginative concepts, it falls upon the collaborative effort of Designers, Architects, and Engineers to transform them into reality. Occasionally, certain ideas may prove impractical or financially burdensome to implement. Homeowners sometimes opt to assemble their…

Are all builders custom home builders?

There has been a notable increase in the number of builders catering to the demand for home buildings for clients who are moving away from typical subdivisions. There are several builders in custom home construction, regardless of whether they are licensed by the Home Construction and Regulatory Authority (HCRA) and registered with Tarion or not….