Find out why Toronto needs non-resident buyers
To get a better grasp on the housing market, we reached out to some industry professionals to get their opinions on a few hot topics. Our first Q&A was with Ben Myers, President of Bullpen Research & Consulting Inc.
CMHC explains why the First-Time Home Buyers Incentive will work in Toronto and Vancouver
Last week, the Canada Mortgage and Housing Corporation came to the defence of the First-Time Home Buyers Incentive (CMHC will be the organization partnering in the shared equity mortgages).
Housing slowdown gives first-time buyers a chance in Canada’s biggest cities
Royal LePage recently released the results of its House Price Survey for the first quarter of 2019, which focuses on the three most popular housing types: two-storey homes, bungalows, and condos.
Have questions about the new home building industry? Now’s the time to ask
Have you ever had a question about the new home building industry or land development in the Greater Toronto Area? Thanks to Building Answers, you can now get all the answers you need.
Moving soon? Jump on the Marie Kondo bandwagon
Is it too late to jump on the Marie Kondo bandwagon? Her organizing philosophy is all about only owning things that “spark joy,” but we think this way of thinking can also be applied to moving into a new home!
Taking another look at increasing property taxes in Toronto
Earlier this year, the Centre for Urban Research and Land Development released a report saying that the City of Toronto could afford to hike residential property taxes by approximately 20% when compared to the median GTHA municipality.
Shared equity mortgages: A good idea going to scale
When the Federal government released its budget in mid-March, those in the housing sector were eager to see what might be in store to help address the pressing need of making housing more affordable.
Why I’m having second thoughts about the First-Time Home Buyer Incentive
So, I’ve had some time to contemplate the federal government’s moves to make buying a home easier and more affordable for first-time buyers, and I’m now having some second thoughts.
Is your credit score high enough to get approved for a mortgage in the GTA?
Whether or not you get approved for a mortgage in the GTA has a lot to do with your credit score, among other factors such as your employment status and debt levels.
How the government is planning to improve housing affordability for first-time buyers
Finance Minister Bill Morneau tabled the Government of Canada’s Budget 2019 yesterday, and there was an emphasis on improving housing affordability for first-time buyers.