Thinking About Buying? Here’s The Real Cost to Own a Home. Owning a home means you can blow out a wall to create a more spacious kitchen or paint your bedroom a flaming fuchsia — things that are certainly deposit-forfeiting and likely eviction-motivating offenses in rental land. Let’s say you want to buy your own […]
Toronto Real Estate Posts
Mortgage Tips – Do You Lose Home Equity During Refinancing?
The real estate business can go from simple to complex for one homeowner in just a matter of years. It all starts with a decision to buy a home, then it goes to the mortgage process, and it ultimately lands either in owning the home, or in refinancing. If you are one of the […]
Top Advice For Buying a Home in 2016 By Realtor
With the ever-changing house market, home buyers should be able to keep themselves abreast with the latest and tried-and-true advice on house hunting. The economic data team of realtor.com were able to come up with some great advice based on the stats that matter to help buyers find the perfect home for them this […]
2015 was a record year for housing sales in Toronto area – TREB
The Toronto Real Estate Board says that 2015 was a record sales year for its members. The number of sales last year through TREB realtors totalled 101,299 – up 9.2 per cent from 2014. It says the Toronto-area had 4,945 residential sales last month, the second-highest on record for a December. The 2015 average […]
Canadian Government increases minimum down payment for homes over $500K
Finance Minister Bill Morneau is increasing the amount homebuyers must put forward as a down payment on houses over $500,000. It’s a move designed to cool off the booming real estate market in some of Canada’s biggest cities. Homebuyers will have to put 10 per cent down on the portion of the price over […]
