Bidding Wars

Were You Scammed In A Phony Bidding War?

The Huffington Post Canada | Daniel Tencer | Posted 03.26.2015 | Canada Business

For years now we’ve been hearing stories about aggressive bidding wars for homes in cities like Toronto and Vancouver. Naturally, we assume it’s a...

We're Going Bidding-War Crazy..

CP | Posted 03.05.2014 | Canada Business

TORONTO -- More Canadians are willing to enter a bidding war and fight it out to secure a property, according to a home buying report released today b...

Buy This Condo, Get a New Car! (and Other Crazy Incentives)

Jenna Em | Posted 11.27.2013 | Canada Business
Jenna Em

It's not a new concept for builders to offer incentives in the form of upgrades to potential buyers. However, I've been astounded by other incentives that have recently popped up in the Toronto real estate market. For example, Kylemore Communities has been offering $35,000 towards any new BMW, with a purchase of one of their specific condo developments.

Bidding Wars and Real Estate Rage in Toronto

Jenna Em | Posted 06.02.2013 | Canada Living
Jenna Em

Whether you're in Ontario or in a different province, you've likely heard about Toronto and GTA housing prices. Last night was the first time we placed an offer in over two years -- and was the first time ever we participated in a home bidding war!

Leave The Emotions At The Door When House Hunting

Brennan Aguanno and Anna Kemp | Posted 10.21.2012 | Canada Business
Brennan Aguanno and Anna Kemp

An article in The Atlantic entitled "The 11 Ways That Consumers Are Hopeless at Math" reveals how businesses use fact and psychology to persuade shoppers into making purchases they normally wouldn't make. They're tricks some Canadians face at the mall, the car dealership and even the grocery store. But what about the housing market? Are Canadian house hunters having the wool pulled over their eyes? Whether you're buying, selling or just window shopping, here are three things to consider.