If you're looking to buy a house and are new to the home buying process, there is a chance that you are not familiar with the mortgage pre-approval process. Getting a mortgage may seem like a complicated and tedious task, especially amid the excitement of house hunting. We can help answer any questions you may have about a mortgage application so you can get pre-approved in no time. Get a mor...Read More

Lay a Foundation For Success Before You Talk with Your Real Estate Agent It’s exciting when you’re considering buying or selling a home. Maybe you saw a great property when you were dropping your kids off at school, or a friend mentioned a listing in your area. However, before you connect with your real estate agent, there are some steps you should take to set yourself up for success...Read More

Parts of the Greater Toronto Area's housing market are finally starting to cool after a torrid pace over the course of the COVID-19 pandemic, while others are playing catch-up and then some. Broadly speaking, the Toronto Regional Real Estate Board (TRREB) says sales fell 12.7 per cent in April compared to March. April saw more than quadruple the number of sales versus April 2020, but that'...Read More

There’s a simple yardstick in personal finance about purchasing a home: buyers should aim for a property priced at four times their income or less. But average Canadians’ ability to stick to that simple rule is rapidly fading across much of the country as property values continue to soar. In the pandemic-linked housing boom, average residential property values have become decoupled fr...Read More

Who'd have ever thought, before the pandemic hit, that real estate in the 905 would one day be hotter than it is in Toronto?  As crazy as the thought would have seemed even one year ago, here we are, in a market that's been flipped on its head and across the entire GTA — in some cases to the great benefit of people who purchased homes in the suburb...Read More

TORONTO -- Home prices in the Toronto area continued to climb in March while sales were almost double that of the same month a year earlier, when the rapid spread of COVID-19 led to widespread economic shutdowns, the Toronto Regional Real Estate Board reported Tuesday. Sales in the area reached a record 15,652 last month, up 97 per cent from 7,945 during the same time last year. The sales growth...Read More

Toronto City Council today considers a budget proposal to hike its land transfer tax (LTT) from 2.5 to 3.5 per cent on house transaction values in excess of $2 million. The proposal is projected to raise $18.7 to $26.7 million in 2021, a minuscule amount compared with Toronto’s $14-billion municipal budget. It would affect almost 40 per cent of Toronto sales this year (based on Feb. 12 listi...Read More

Toronto’s vacancy tax may have a big impact on real estate investors, according to a local board survey. The Toronto Regional Real Estate Board (TRREB) released the results of their survey, conducted by IPSOS in the fall. More than half of investors said they’ll either sell or rent their unit if a vacancy tax is implemented. Toronto Vacant Home Tax  Shortly after the s...Read More

A report from Lowestrates.ca with an alarmist headline predicts that housing prices will “correct” sometime this year, but according to a mortgage professional in Vancouver, a fundamental misunderstanding is at play. “It’s as simple as this: basic, unreported inflation,” Dustan Woodhouse, president of Mortgage Architects, told CREW. “There’s an ...Read More

  Toronto Life’s Top Real Estate Stories of 2020   During the chaos of 2020, when nearly everything in the city came to a grinding halt for long stretches at a time, the one thing that never stopped churning was the real estate market. Torontonians, it’s fair to say, are obsessed with the comings and goings of the market, whether they’re looking to buy, sell or stay p...Read More