What are the Housing Predictions for 2016 in Toronto and Beyond? In the New Year, the Canadian federal government will hike the minimum down payment on the portion of new insured mortgages above $500,000 from five to ten per cent, starting Feb. 15 The portion that’s less than $500,000 will stay at five per cent. …
CREA Housing Predictions for 2016 and Federal Government Minimum Increases Read More »
From our family to yours, Happy Holidays! Wishing you a safe and happy festive season!
In an announcement made by Toronto Real Estate Board President Mark McLean last week, GTA REALTORS® reported 7,385 home sales through TREB’s MLS® System in November 2015 – a 14 per cent increase compared to November 2014 and a record number for November sales to date. Toronto’s real estate market saw 96,401 sales for the …
Toronto Real Estate Market Watch — November 2015 Read More »
Toronto Millennials are poised to take over the rental market. Are you ready for them? Millennials: We’ve heard this term thrown around a lot lately, but who exactly are they and what role does Generation Y play in the real estate market? You don’t need to have an inside scoop to know that Toronto and …
As the mercury continues to drop, families across the GTA begin to haul the heavy coats, mitts, toques and scarves out of storage. Preparing our bodies for the harsh Canadian is always a tedious task and a sad reminder of the cold months that lay ahead. Just like our bodies, our houses need special …
In Toronto, ‘Tis the Season to Save Money–Ways to save on energy costs in the winter Read More »
Be Sure to Ask Open-Ended Questions During Open Houses in Toronto Emmett and Hilary are a couple in their early thirties and represent the first wave of the Millennial generation. They purchased their first home together five years ago—a one bedroom plus den condominium in Liberty Village. Both are comfortable in their careers, bring in …
Are Mortgage Rates in Canada on the Rise? In an announcement made last week by Toronto Real Estate Board President Mark McClean, GTA home sales showed the best results on record to date. With 8,804 home sales reported through TREB’s MLS® system, October was a favourable month for Greater Toronto Area REALTORS®. Additionally, The …
TREB Market Watch, October 2015 — Are Mortgage Rates on the Rise? Read More »
The Municipal Land Transfer Tax is coming to a town near you, and most likely, your town as well. The dreaded Municipal Land Transfer Tax (MLTT) might be spreading across Ontario as an additional taxation measure backed by the Liberal Government. This tax will be on top of the existing Provincial Land Transfer Tax …
Liberal Party Policy Change–Additional Land Transfer Tax for Buyers in Ontario Read More »
Just listed! A Five Bedroom detached home, in one of Toronto’s SPOOKIEST neighbourhoods. Would you buy it? Even a Haunted House in Toronto would sell in this market! Have a Happy Halloween!
Does 2015 CMHC Fourth Quarter Report support promises made by the Liberals? Members of the media had full plates for the majority of October–Between the Federal election and Post-Season baseball, it’s been difficult to cover much else. Now, with Trudeau’s win and the Blue Jays’ loss, Canadian consumers can set their sights back on the …
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