Key Things to Avoid After Applying for a Mortgage

Wednesday Jul 6th, 2022

Share

You’ve assessed your finances and the housing market, and researched the various financial options open to you and your household. Then, you took the leap in applying for a mortgage – quite possibly the most significant money-related decision of your life. Now you play the waiting game. This waiting period is perhaps one of the hardest parts of the home-buying process, determining if you have been approved or rejected for a home loan. While it can be challenging, especially in... [read more]

Everything You Should Know About Buying Vacant Land in Canada

Monday Jul 4th, 2022

Share

When buying a home in the Canadian Real Estate Market, many commonly assume that the bulk of the cost is for the home, but in reality it, it is the land that the house is built on that is of most value. The housing market is all about the land since, especially in hyper-dense cities, is ostensibly finite. While Canada is one of the largest countries in the world by land mass, and are are still plenty of development opportunities from coast to coast, it is also one of the most expensive... [read more]

Canadians invest in home renovations to improve quality of life, not to add value in current Canadian real estate market

Wednesday Apr 14th, 2021

Share

Challenging Canadian housing market conditions put additional importance to home renovations since the start of COVID-19, both for those looking to stay and those selling More than half of Canadians renovated their home in 2020 with the intention of living in it, with 29% renovating to enhance their lifestyle for non-essential reasons (aesthetic and/or recreational purposes) and 29% doing so for essential reasons (safety and maintenance) Only 16% of Canadians said they renovated to... [read more]

Will We See the Recovery of the Toronto Condo Market in 2021?

Friday Feb 12th, 2021

Share

In 2020, the unthinkable occurred: the red-hot Toronto condo market experienced an unforeseen downturn. For the first time since the Great Recession, condominiums in North America’s fourth-largest city took a rest after more than a decade of tremendous growth. While Toronto’s detached and semi-detached segments of the housing market performed well, units in the sky suffered a setback – something that nobody would have envisioned at the start of the year. A... [read more]

Toronto Real Estate: 5 Takeaways from January 2021

Wednesday Feb 10th, 2021

Share

Toronto real estate prices are expected to continue rising this year after a strong 2020. Here, we break down the January 2021 data from the Toronto Regional Real Estate Board (TRREB), and highlight some key takeaways for homebuyers and sellers across the Greater Toronto Area. January home sales were up 50% year-over-year. Demand for homes was already high last year, despite the pandemic. Buyer demand across all property types is expected to continue rising in 2021, with... [read more]

READ MORE