Monthly resale housing figures show a strong start for 2016
The Toronto Real Estate Board (TREB) released its monthly resale housing figures for January 2016, announcing that the Greater Toronto Area’s (GTA) housing market is off to a strong start for this year.There were 4,672 sales in the GTA’s resale market
What does the Future Hold for 381 Yonge Street?
By Penny MunozRecently, the Yonge Street Mission (YSM) sold its founding location at 381 Yonge Street in Toronto. The agreement with the purchaser (a private equity real estate company) states a closing date of September 2016.Judy Hunter, Board Chair of
The gig economy should change mortgage lending practices
The Canadian Real Estate Association launched REALideas recently in anticipation of the federal election. One of the points they made is that mortgage lending needs to be updated to better serve those participating in the gig economy.
You Need to Do Your Homework Before Buying a New Home
Toronto is a relatively young city, and with a young city comes new opportunities, new housing, and most importantly, new families. Real estate is one of the most promising and safest investments you can make in order to set a foundation for your future.
Now’s the time to remember why Toronto is so special
These are strange days. Particularly in the wake of the savage attack in Quebec City and two shootings in 24 hours downtown, it’s hard to sit here and pretend that real estate matters, or mortgage rates matter. At the end of the day, it’s only people who
GTA Resale Prices Surge in March 2014
The Toronto Real Estate Board (TREB) recently released a report on the Greater Toronto Area’s (GTA) March 2014’s resale market figures, as well as some Q1-2014 statistics.GTA resale marketAccording to TREB, GTA REALTORS reported 8,081 sales through the
Interest rates expected to increase in late 2016 or early 2017
Recently, industry analyst Ben Myers of Fortress Real Developments, released his fourth Market Manuscript, giving us an extensive yet concise look at Canada’s housing market, in relation to affordability, interest rates, and many other factors. After
The Ossington Avenue Debate
One of the most interesting and polarizing topics in the Toronto real estate game is how to balance the needs of the city versus the needs of the locals in a specific area. As a city, we are growing, and we need to find that balance between the happiness
Sales tax harmonization will hurt resale home market
TORONTO, March 26 /CNW/ - Ontario's REALTORS(R) say the McGuinty governments plan to harmonize the GST and PST will add over $2,000 to the cost of a real estate transaction, hurting the resale home market and prolonging the housing industry's recovery
How will virtual reality change the way we buy homes?
2016 may very well be the year of virtual reality (VR) in the real estate industry. In recent years, the technology has advanced significantly, and creating a virtual experience has even become more affordable. Last year, Sotheby’s International Realty
