3 reasons why the mortgage stress test should not change (for now)
The mortgage stress test has been a hot topic since it was first introduced in 2018. Some in the real estate industry believe the policy has done its job and it’s time to revise it, and some believe it should remain the way it is.
Condo sales drop in second quarter 2017
The Toronto Real Estate Board (TREB) released its second quarter 2017 condominium market statistics, announcing an overall drop in sales across the Greater Toronto Area (GTA) compared to the second quarter 2016. In the second quarter 2017 (April to end
Mark Cullen: Planning your Dream Garden
By Mark CullenReap the Rewards of Creativity and PreparationThe majority of Toronto’s inhabitants reside in an urban, densely populated area. Despite limited planting real estate, with the help of a solid plan we can still enjoy beautiful gardens and
You’ll have to wait until next Valentine’s Day to give the Canadian Shield Rose to your partner
If you have a minimum of six hours of sunlight in your garden and do not have any roses, you are missing a real treat. For generations, garden roses had a reputation for being demanding in terms of insect and disease control. This is simply not the case
2.1% property tax hike approved – but is it enough?
While the sale price of homes has more than doubled in the last 10 years, property taxes have increased on average just 2.4% annually according to Toronto Real Estate Board (TREB) stats. The 2018 budget includes a property tax increase of just 2.1%,
Should You Sell Your Home Yourself?
Now that we’ve informed you about the often looked over costs of selling your home, the next question is, should you try to sell your home without the assistance of a real estate agent?Selling your own home probably seems extremely appealing after
PETER POLITIS OF GREYBROOK REALTY PARTNERS
We love our behind-the-scenes views of the real estate industry. We talk a lot about the developments planned for Toronto, but one thing that we rarely focus on is the financing aspect of the projects. Without proper financing, developments are
Toronto has the best public transit in Canada, but is the score high enough?
Toronto recently took the top spot on a transit score ranking, which compared major cities’ transit networks across Canada. The study was conducted by real estate brokerage, Redfin.
Average Resale Price for Detached Homes in Toronto Soars
The Toronto Real Estate Board (TREB) announced recently that the Greater Toronto Area (GTA) REALTORS reported 3,459 transactions through the TorontoMLS system in the first two weeks of March 2014.GTA resale figuresThis total for the first two weeks of
3 home renovations for you to try this year
New year, new home? Not for everyone. We recently spoke with market expert Ben Myers, Senior VP, Market Research & Analytics, Fortress Real Developments, who predicted that this year, relocation will flounder and renovation will spike as a result of