Buying a home is a dream come true for everyone. But, the prospects of achieving the goal seem bleak for Canadian citizens, as costs keep piling up. Although there have been hints of stability in the housing market, rising mortgage rates and still-exorbitant home prices imply that a rise in...
Are Condos A Good Investment Outside GTA?
If you’re in the market for buying an investment property, you would have thought about condos. They are more affordable than townhomes, semi-detached, or detached homes and easier to maintain. In recent times, there have been several developments outside the Greater Toronto Area. Some notable condominiums are being developed in...
Brampton Sees Rise in Development After New Official Plan Announced
Brampton is one of Canada’s fastest growing cities. It has undergone several developments recently and has an ever-improving public transit and job sector. We’ve now started to see increased developments to support the city’s Brampton 2040 Vision, which was announced in 2018. While Mississauga is focusing on increasing its green...
Why Is Housing Supply So Low in Ontario?
We’ve all been hearing that housing supply is at an all-time low in Ontario. If more properties aren’t listed, the current inventory will be over by March 2022. Real estate sales have already dropped by 10% in January 2022 compared to December 2021. Several factors contribute to low housing supply...
Everything You Need To Know About Estate Sales in Ontario
There are several reasons you might want to host estate sales in Ontario. It could be due to the death of the estate owner, long distance relocation, or downsizing. Estate sales in Ontario are open to the public and can last for several days. Read on to find out more...
How Will Higher Interest Rates Affect Me?
Mortgage interest rates dropped down considerably once the global pandemic began. The Bank of Canada announced on December 8, 2021 that a sharp increase in interest rate is likely possible between April and September 2022. It might be a three times increase during Canadian real estate’s busiest months. When I...