Greater Toronto Area poised to lead Canada’s top-tier real estate market performance this fall
With a busy summer behind us, it looks like the Greater Toronto Area’s luxury home market is poised for a strong fall, according to Sotheby’s International Realty Canada’s latest Top-Tier Real Estate report.
A Tour of Eco Building Resource
Over the past few years, the expectation for homebuilders to practice sustainable building methods has increased dramatically. Also, many homeowners are looking for ways to reduce their carbon footprint and improve the energy efficiency of their homes.
3 ways to improve the mortgage stress test
At the end of 2018, I wrote about the idea of reducing or repealing the mortgage stress test. Now I want to suggest some possible amendments that would make the stress test more fair now that interest rates are rising and home prices are still high.
Even with the housing market calming, this happy tenant plans to keep on renting
Last year, we chatted with Charlotte (named changed for privacy), a mother of one renting a home in the Junction neighbourhood of Toronto. She explained why she was happy renting and had no plans to buy.
Saving Money - Part 1
When purchasing an upgraded home or condo, it is often necessary to cut out many other expenses in order to afford the down payment and subsequent monthly payments. It might seem tricky, but eliminating little luxuries you've grown accustomed to can make
Are real estate commissions too high?
The federal Competition Tribunal is in court this week, rehearing a suit brought by the federal Competition Tribunal against the Toronto Real Estate Board (TREB) that accuses the board of restricting public access to home-sales data. Says the Globe and
Sherwood’s Grand Opening: Luxury Living in Lawrence Park
Just below Lawrence, along Bayview Avenue lies an elegant neighbourhood nestled within the lush foliage of Sunnybrook Park. The streets, lined with 150-year old oaks and populated by stately homes built in the first half of the 1900s, alludes to the rich
Will 300,000 Canadians soon have more debt than assets?
This week, the Canadian Centre for Policy Alternatives released a study by senior economist David Macdonald that says a home price decline of 20% would leave 169,000 families under 40 in a negative-equity position, with more debt than assets. “Declines
Touring the amazing amenities at Chaz.Yorkville in Toronto!
We remember the first time we visited the Chaz.Yorkville site in Toronto by 45 Charles Ltd. and Edenshaw Homes. It was the summer of 2013 and it was so hot that the construction crew had the day off. At that point, the mezzanine level was under
Toronto housing not a buyer’s market...yet
Now that the Greater Toronto Area’s (GTA) resale and new home markets are showing some signs of cooling, people are starting to wonder if it’s a buyer’s market, or whether it will be soon.First of all, why do people think the market is cooling? There are
