New home sales in Oakville picking up speed
The latest report from Trimart Research Corporation highlights Oakville as one of the top selling cities in the Total Market Area (TMA) for new low-rise homes. With 365 sales last month, Oakville is a hot market right now. It’s interesting how sales are
Buyers vs. Sellers: Who will win the detached home market?
There was a story in the Vancouver Sun recently about a detached home listed for just under $1 million. With single-family home prices falling in the area, could the detached homes actually tumble to an affordable price?
$100 million to support energy efficient retrofits in Ontario homes
The governments of Canada and Ontario recently announced up to $100 million in funding to support energy efficient retrofit projects for homeowners.
Average price of a new detached home in the GTA nears $2 million
The Building Industry and Land Development Association (BILD) released its new home sales figures for May 2017, announcing that the province's Fair Housing Plan has done little to cool the new home market in the Greater Toronto Area (GTA). There were
Canadian home sales climb in December
The Canadian Real Estate Association (CREA) released its national home sales report for December 2017, announcing another month of increased activity. Despite the typically slow season, December 2017 was the fifth consecutive month of
There are a number of factors contributing to the success of the new home market
Housing starts have stayed steady in Canada and somewhat steady in Ontario, though Toronto saw a decline. CMHC says that the lack of listings in the Toronto CMA resale market has caused a spill over of buyers to the new home market, which kept detached
New home construction holds steady following 10-year high
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for January 2018, announcing steady new home construction continuing from last year. The housing starts trend for January 2018 was 224,865 units, compared
Canadian home prices expected to rise this year, fuelled by Toronto real estate
If you were waiting for home prices to drop before buying, you may have missed your chance. There was a slight cooling period through 2018 and even earlier this year, but according to a new study, prices are on the rise.
Building Your New Home Buying Team
As a first time homebuyer, it is important to put together the right team of professionals, so Canada Mortgage and Housing Corporation (CMHC) offers the following who's who list of experts and what they should bring to the table:Real estate agent Among
Why fall is the best time for planting in your home garden
Fall is the best time for planting. We have been saying this in the business for almost 25 years now – ever since growers started producing trees, shrubs and evergreens in containers. I like planting now and generally, I have more success with September