NEW Mortgage Rules Taking Effect Oct 17
Finance Minister, Bill Morneau recently announced a shakeup of Canada’s mortgage & foreign-ownership rules for real estate taking effect...
Cost of Condo vs Freehold Living
What are the costs of owning a condo vs. owning a house? I thought I would break this down, since it's a decision many young buyers and...
Why Toronto Condo Prices Continue to Grow
I often get asked "So, what do you think about the Toronto condo market? Are we in a bubble? Is there going to be a crash soon?" ...
Happy New Year! Record Year in Toronto Real Estate!
It was a record year in Toronto real estate! The TREB MLS average sale price was $622,217, up 9.8% from 2014. And there were 101,299...
New 10% Minimum Down Payment Explained
Starting on Febraury 15 of this year, the minimum down payment for federally insured mortgages is increasing from 5% to 10%. The...
First-Time Buyers & Investors Driving Condo Sales
In a real estate market as competitive as Toronto's, first-time buyers can feel limited. Freeholds within their price range either need...
How Much Have Prices Increased in Your Neighbourhood This Year?!
Sales so far this year in comparison to 2014.... The Kingsway Up 9.6% Average Sale Price $1,497,506 Average Sale Price...
Modern Buyers Want Design Show Homes
Real estate shows are a big trend right now, and interest rates are low. This is causing young buyers to stretch to mortage their glitsy...
Baby Boomers Holding Up Supply of Single Family Homes
Demand for single-family homes remains very strong in the GTA. We've all seen prices for these properties rising 6-8% each year over the...
Toronto Condo Prices Per Square Foot
Curious how much condos cost per square foot in these Toronto neighbourhoods? Here you go! I do a lot of work in these West Toronto...