All in Toronto
45% of homes proposed in the City of Vancouver are suites and 1-bedrooms suitable only for small households. Barely any 3-bedroom apartments are built when 24% of new apartments in Metro Vancouver should have 4-bedrooms. We need to more homes and the right mix of homes fast or else by 2020, 100,000 hard-working people will be underhoused.
Over the past ten years there have been many government interventions intended to cool the housing market. It appears we may have hit a tipping point. The market has stalled and is either about to provide a “soft landing” or “hard landing” delivering much needed affordability to the market. Alternatively, this could just be a breather before prices continue their upward march.
A vacation is so much more enjoyable when you know that everything is taken care of at home so here are a few tips for peace of mind while you are on vacation.
A look at what leading economists and the Big 6 banks are predicting ahead of next Wednesday’s Bank Rate announcement.
Advice, guides and checklists for first time home buyers on the first stage of homebuying. Learn how to set a budget that includes all of the costs of a home purchase. Find out what the ongoing costs of ownership are.
Modernizing the Real Estate Exchange Process to Balance the Scales
There are many arguments blaming supply or demand for the Canadian housing crisis. We need to look at the role of the exchange process and modernize it to support our current real estate market.
Compensation for mortgage brokers is typically a percentage of the mortgage amount. This has the potential to drive unethical behaviour that you should learn to identify and avoid.
People often aren’t sure if they should use a mortgage broker or rely on a bank employee to get them approved for a mortgage. On balance, we believe the benefits of using a mortgage broker outweigh the drawbacks. Find out why.
