4 ways the government can remove barriers to home ownership
With the federal election right around the corner, REALTOR® associations across Canada came together to make recommendations for all levels of government in an effort to make home ownership more attainable for Canadians.
To all the first-time buyers out there, do not lose hope
I want people to be hopeful about the future, and for many, that involves feeling confident in their home ownership goals. A home is a foundation for your family. It’s a place to grow and to love.
Millennials more likely to fib on their mortgage application
Would you ever fib on a mortgage application? Have you ever? Findings from a new Equifax survey suggests that Canadian millennials are more willing to do so than the general population.
Should Canada allow a 30-year amortization for insured mortgages?
A new report by Mortgage Professionals Canada discovered that a 30-year amortization for an insured mortgage is the preferred option over the new First-Time Home Buyer’s Incentive.
First-time buyers feeling optimistic about the housing market
BMO released the results of a survey conducted by Pollara Strategic Insights, announcing that first-time buyers in Alberta are the most optimistic in the country about buying a new home with more than 50% thinking that now is a good time to do so.
Should Canadian home buyers consider using the FTHBI?
First announced back in March in the last federal budget, the FTHBI has been the point of some debate, both for how the program is structured, and for some of the restrictions it places on home buyers who may wish to use it.
Ontarians don’t think municipalities should have greater tax powers
The Ontario Real Estate Association commissioned a study, conducted by Navigator, to better understand the Public Perception Regarding Municipal Government Programs. The online survey included people aged 18+ in Ontario.
Q&A with R. Scott Davie sheds light on the housing affordability crisis
We are in the middle of a housing affordability crisis. If price growth continues to outpace income growth, younger generations will have an extremely difficult time buying a home.
What your property taxes pay for in the City of Toronto
Property taxes can be confusing. Fortunately, the City of Toronto has a Property Tax Calculator that actually shows how your money is being distributed to various services and infrastructure developments and maintenance.
8 postdoctoral fellows receive funding to expand housing research in Canada
In an effort to spur innovation with regards to housing development in Canada, the federal government has announced funding for eight postdoctoral fellows.
