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CMHC says 18 per cent of first-time buyers received a gift from a family member as part of their down payment.
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The Toronto Real Estate Board's latest stats didn't do much to calm the nerves of hesitant homebuyers. Surging listings and double-digit sales declines have a tendency to do that. But, prospective purchasers, this may be the perfect window of opportunity for you to be out there looking for your next home.
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Real estate tech is an emerging industry that has seen a rise in investment, innovation and demand in recent years.
Though these are welcome changes to anyone who has endured noisy neighbours, the changes will not result in an immediate noise reduction for all as they are only applicable to new buildings. If you are facing noisy neighbours, there is some relief for existing multi-unit home owners.
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Home buying season is officially here and when it comes to your finances there are dos and don'ts that come along with the often-overwhelming responsibility of taking on a new or higher mortgage. Here is a list of the top dos and don'ts to keep in mind when you're shopping for a home.
Millennials, please adjust your homebuying aspirations. Your targets are a little off, so we've assembled Canada's most millennial friendly housing markets to help you. Many of you -- those 18 to 34, the generally accepted age range for millennials -- seem to be aware of what's going on in Canadian real estate. Others, though...
My suggestion to people concerned about housing in Toronto and Vancouver is to stop looking for a scapegoat, stop searching for someone to blame, and start coming up with real, workable plans. The first step is to accept that high housing prices are justified based on supply and demand and devise a workable strategy that can either increase supply or reduce demand based on current market conditions. Be part of the solution, not the problem.
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If you don’t have the dough for a major reno or if upgrading to a larger home is out of the question, you might find your dreams of having a colossal spa-inspired sanctuary washed down the drain. It's...
The mortgage process is a daunting one, especially for first-time homebuyers. Here are some important facts you need to know about mortgages. This post was written by Charlotte Ottaway, originally pu...