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How Changes in Mortgage Rates and Home Prices Impact Affordability in Toronto

Posted on Oct 04, 2024

The landscape of real estate in Toronto has seen significant changes, especially in recent months as mortgage rates have declined and home prices have adjusted. For potential homeowners, understanding these shifts is crucial in determining the feasibility of purchasing a property in one of Canada's most vibrant and expensive markets.

The Current Sta...

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Understanding Canada's New Mortgage Rules: A Complete Breakdown

Posted on Oct 03, 2024

Canada's recent mortgage reforms are among the most significant changes in decades, aimed at making home ownership more accessible while stabilizing the housing market. Announced by the Liberal government, these changes could impact a wide array of potential home buyers, from first-timers to those looking to renew or upgrade their mortgages. Let's...

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Understanding Canada’s New Mortgage Rules: A 2024 Update

Posted on Sep 25, 2024

The Canadian government recently announced significant updates to the mortgage rules, marking a pivotal change since similar regulations were introduced back in 2017 with the Fair Housing Plan and the mortgage stress test. These changes, effective from December 15, 2024, aim to make home buying more accessible, particularly in high-demand markets l...

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Toronto's Real Estate Market: An Unprecedented Summer and What Lies Ahead for Fall

Posted on Sep 13, 2024

Toronto experienced its coldest summer in real estate in over 20 years. The market saw significant shifts in inventory, pricing, and sales across various property types, and many are curious about what this means for the upcoming fall season. Here's a breakdown of the summer's numbers and a look at what we might expect moving forward.

The Greater To...

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Lessons from Renovating: Insights and Tips for Property Owners

Posted on Sep 04, 2024

Having been through numerous property renovations, from simple makeovers to complete gut jobs, I've accumulated a wealth of knowledge on navigating the complex world of remodeling. In this post, I'll share key insights and practical advice to help homeowners and investors manage their renovation projects effectively.

Starting a Renovation: Where to...

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Expanding Horizons: Real Estate Strategies for Hockey Players Investing Away from Home

Posted on Sep 02, 2024

For hockey players, the geographical diversity of their careers provides unique opportunities for real estate investment beyond where they live or play. Investing in different cities can diversify financial portfolios and serve as a future financial cushion. Here’s how to approach real estate investments in unfamiliar markets, including strategies...

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