The Canadian government has recently announced a new program aimed at helping homeowners add secondary rental units to their properties. This initiative, part of broader efforts to increase housing options, could be a great opportunity for those looking to boost their property value and rental income.
Here’s a breakdown of the new program and how it...
Toronto's real estate market has shown resilience and intriguing shifts as we transition from the third to the fourth quarter of 2024. According to Royal LePage's latest report, the average sale price is anticipated to increase by 6% from Q3 to Q4. This forecast aligns with the observed recovery in Canada's housing markets, further buoyed by consec...
The Toronto real estate market has shown intriguing trends through September, presenting a mixed bag of opportunities and challenges that both buyers and sellers need to be aware of. With an increase in active listings and a notable shift towards a buyer's market, Toronto's housing landscape is evolving. This article offers a comprehensive overview...
Toronto's real estate market has been a focal point of global financial discussions, especially concerning its vulnerability to housing bubbles. Notably, back in 2022, the city was highlighted as one of the major risk areas by the UBS Global Real Estate Bubble Index. Fast forward to today, and the narrative has shifted significantly.
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.
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...
