Most of us think that it’s all about location when it comes to real estate, and that is true for the most part. However, there are a multitude of quirky or even unusual factors that can affect your home’s price; and we’re not just talking of lot size, number of bedrooms, total square footage, number […]
8 Unusual Factors that Can Affect Your Home’s Value Read More »
House-hunting is not for the weak of heart. It is more than just calling some real estate agents, seeing a few houses, and moving in right after you found one you like. Things can get very challenging when looking for a new home more so if you’re targeting buying a home in a hot neighbourhood.
10 Top House-Hunting Mistakes to Avoid Read More »
Average home re-sale price rose up 6% or $43,000 in September as compared to the previous month. The data was from the Toronto Real Estate Board’s records. Home sales were also down by 35% as realtors were able to sell just 6,379 homes. Just a little over two thirds compared to September 2016. Awakening Market?
September Brings in Rebound of Average Toronto House Price Read More »
A report from Urbanation Inc. shared that the Toronto condo rental market is getting hotter as the real estate market is cooling down as a result of the announcement of new provincial housing measures in April. A New Housing Problem? Real estate consulting firm Urbanation looked into the condominium rental market for the second quarter
New Provincial Housing Measures Push Toronto Condo Rentals to Rise Read More »
People constantly talk about predicting that the Toronto Housing Market is going to burst, but would you really believe them when investment genius Warren Buffet himself bought shares at mortgage lending company Home Capital Group Inc.? This isn’t just a show of support! This is a vote of confidence from the financial guru himself! A
Would You Bet Against Warren Buffet About A Canadian Housing Crash? Read More »
Recent reports share that non-Canadian citizens who bought homes in Ontario are just a small percentage of recent buyers after the speculation tax was implemented for foreign buyers. Effect of Speculation Tax? The Ontario government released a report sharing that only 4.7% of the recent real estate sales in Ontario are by foreign buyers. This
Small Number of Foreign Buyers in Toronto, an Effect of Speculation Tax? Read More »
It’s no secret that getting a home equity loan can save your sanity when you need financial help for home improvements, managing your finances, or perhaps for emergency funds when getting these funds through traditional means is not possible. Other types of loans usually come with a high interest rate or are relatively difficult to
Will Bad Credit Stop You From Getting a Home Equity Loan? Read More »
Is the housing market in the verge of a correction? CIBC’s economic team and chief economist Avery Shenfeld won’t say so, but fellow economists Nick Exarhos and Andrew Grantham bring up whether a housing market crash could bring down the entire economy in Canada – just like what happened to our neighbor, the U.S.A., last
Reasons Why Canadians Might Have Nothing to Fear Regarding Housing Market Correction Read More »
Neutral interest rates are coming every Canadian’s way, but will it be the new normal or just a fleeting thing? Bank of Canada governor Stephen Poloz says interest rates may still fluctuate, but he’s certain that they would be significantly lower than prior the financial crisis. Poloz made the statement during a Q and A
Are Lower Interest Rates the New Normal in Canada? Read More »
2016 is the year of exciting updates and upgrades to Toronto’s transit system. Below, we share with you 6 of the upcoming major transit projects in Toronto that you should absolutely look forward to. SmartTrack The heavy rail that’s supposed to go along Eglington has been taken off the table, and the residents have been
6 Major Transit Projects in Toronto to Look Forward To Read More »
