What Do You Think of the 5 Designs for the New Ferry Terminal?
Five teams of designers and architects presented their proposals for the new Jack Layton Ferry Terminal and Harbour Square Park in Toronto. The presentations took place in the City Hall rotunda, where media and the public gathered to hear from the five
See what the average home price in Canada will be in 2020
As we approach the beginning of a new decade, it’s fair to say that 2019 was a year of recovery for Canada’s resale housing market. Now let’s take a look at what 2020 may hold.
What Kind of Industry are we BILDing?
With a strong housing market and low interest rates accounting for much of Ontario’s growth — if not its entire economy — it pays to protect the industry, and that means protecting consumers. Most builders recognize that for them to win, consumers have
What to do when you’re touring a model home
Uptownes by Geranium HomesWhether you’re touring a model suite in a presentation centre or a fully built model home in a new low-rise community, there are a few things you should do during your walkabout.We’ve been to our fair share of models and it
What does a burst housing bubble look like?
CBC this week took a look at the “question lingering behind every headline”: what does a burst bubble look like? For an answer, look back, they say, to 1989. After hitting a 30-year high of $273,698, the bottom fell right out of the market, with the
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
TREB Outlook examines what 2016 holds for the housing market
The Toronto Real Estate Board (TREB) hosted the TREB Outlook 2016 presentation to announce their predictions for the Greater Toronto Area’s (GTA) housing market. Representatives from the Building Industry and Land Development Association (BILD),
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.
What does the new mortgage rule mean for first-time buyers?
On October 17, 2016, most first-time buyers will have less borrowing power when it comes to being approved for a mortgage. Whenever less than 20% is put down on a home, the mortgage needs to be insured. The new rule states that every insured mortgage
What is a home equity line of credit and how does it work?
If you currently own a home, you should look into a home equity line of credit. There are a number of reasons why it would make sense for you to take advantage of this product that most major lenders offer.
