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Builders report 33% drop in first-time buyers Image

Builders report 33% drop in first-time buyers

It’s now been more than a year since the stress test came into effect. The policy requires that you qualify at 2% higher than your agreed upon rate with your lender. This test applies whether you put down more or less than 20% on the home.

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Canada investing $638 million to address Indigenous homelessness and housing affordability Image

Canada investing $638 million to address Indigenous homelessness and housing affordability

The Government of Canada recently announced a $638 million investment in creating, supporting, and maintaining safe and affordable housing for Indigenous peoples across the country. 

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Ontario making strides to fix Tarion’s ‘broken system’ Image

Ontario making strides to fix Tarion’s ‘broken system’

The Ontario government recently announced that they are in the process of fixing Tarion Warranty Corporation’s “broken system” in an effort to better protect new home buyers. 

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How to keep your home renovation on budget Image

How to keep your home renovation on budget

Staying on budget is a challenge when there are so many factors at play, so we’re sharing a few key tips to remember for when you’re budgeting your next home renovation!

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It’s time for Toronto to get creative with public-private partnerships Image

It’s time for Toronto to get creative with public-private partnerships

Sidewalk Labs offered to invest billions to build transit and essentially lay the groundwork for future development in the Port Lands area in Toronto. All they wanted in exchange was...a cut of property taxes and development fees. 

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Governments and corporations own just 7% of residential properties in Ontario Image

Governments and corporations own just 7% of residential properties in Ontario

The Canada Mortgage and Housing Corporation recently released highlights of its latest Housing Market Insight report, which focused on individual and non-individual residential property ownership. 

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No Valentine? Here’s where single buyers can afford a home in Canada Image

No Valentine? Here’s where single buyers can afford a home in Canada

With home prices climbing stratospherically over the last five years and a mortgage stress test now in place, homebuyers are seeing their purchasing power chopped more than ever - especially young families and first-time buyers.

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Year starts with a slight jump in Canadian home sales Image

Year starts with a slight jump in Canadian home sales

The Canadian Real Estate Association released its monthly national home sales figures for January 2019, reporting a slight increase in activity.

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What can Toronto learn from Montreal about family-friendly condo development? Image

What can Toronto learn from Montreal about family-friendly condo development?

A recent article in the Montreal Gazette caught our eye because it referenced how “Some condo towers in Toronto now include indoor playgrounds, and even maker spaces where kids (and adults) can work on arts and crafts.” The writer says this is “genius.”

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Quick home renovations you should do before listing Image

Quick home renovations you should do before listing

The small details in a home make a big difference, and discerning buyers will look at your home through a magnifying glass. That’s why we’ve listed a few budget-friendly and quick home renovations you should do before listing your home. 

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