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It's just a "stress test," not a prediction.
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There's less than one week to go until the federal government tables its national housing strategy report on November 22, following months of consultations with the provinces and territories, industry experts and everyday Canadians. What will, or should, our national housing strategy look like?
Meanwhile, Toronto's hot real estate market is spreading out.
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This could be bad news for Canadian mortgage payers.
Regardless of your reasons for selling your home, success starts with a great first impression. Having recently bought and sold my own home, I quickly discovered that smart sellers learn from someone else's mistakes rather than their own.
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Kathleen Wynne increases rebates on the land transfer tax, but raises it for homes above $2 million.
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Anything in Toronto with an ocean view?
Jeff Cook received nearly 400 calls on election night.
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Written by Wayne Karl Spend a few minutes watching W Network's reality series Hockey Wives, and you quickly realize two things. One - it's not at all like any of those Real Housewives shows riddled wi...
Kathleen Wynne promises a "small change," not radical reforms.
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Homes are generally much more expensive in Canada than the U.S. these days.
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This practice is indicative of agents treating each other unethically, and is harmful to our entire profession. Agents who choose to cut others out for the sake of greater commission aren't just cheating their seller. I see this as a short-sighted race to the bottom, and a practice that harms us all as real estate professionals.
Toronto and Vancouver are the "most vulnerable" markets, NBF says.
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When it comes to real estate, the "Starbucks Effect" has become a well-known phenomenon. The premise is that if the popular coffee shop opens its doors in a neighbourhood, it's a sure sign that the area has arrived.
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The next several weeks are crucial in Canada's housing market. Ottawa's Let's Talk Housing initiative wrapped up consultations in late October, and is now working toward tabling the results on Nov. 22. But for anyone expecting a full-on housing policy on that date -- best not hold your breath.
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The regulations could prove "too constraining" in cities like Toronto and Vancouver.
If you're lucky enough to own a small slice of the GTA's pricey property pie, you could find yourself among those vehemently opposed to any new development in their neighbourhood. After all, established Toronto hot spots like The Annex, Bloor West Village and Mount Pleasant are full, right? But here's the problem.
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When Moody's talks real estate, take it with a grain of salt.
Prospective homebuyers in Toronto -- get used to one thing: ever-increasing prices. Either that or move further out in the GTA. Or rent. These are the limited options -- and unfortunate unintended consequences -- caused by government policy and market forces in the Toronto area.
Halloween is coming up, but if you've been paying any attention to the housing headlines this fall, you might be getting spooked for a whole other reason. It could be the skyrocketing price of homes that's causing you to lose sleep. Perhaps it's Finance Minister Bill Morneau's recent changes to mortgage rules which took effect on Oct. 17. And it doesn't stop there.
Laffey Fine Homes
Want the down low on faux? Colin and Justin's 101 Guide To Faking It reveals everything you need to know. Hey presto: a striking space with 'timber' floors and 'designer wallpaper' on a strict budget....
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NEW YORK — Donald Trump's childhood home in New York City is set to be auctioned on the same day as the third and final presidential debate between the Republican presidential nominee and Democratic r...
While the federal government is trying to rein in some of the borrowing that's taking place by making it more difficult to borrow, every one of us should take heed -- interest rates will rise. I believe the most important thing individuals should be doing is locking in their mortgages (ideally for five years).
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"Zero appetite" for interest rate hikes at the Bank of Canada.
Colin and Justin
Vancouver’s housing market has been under some heavy pressure recently, with sales falling for the past six months and the average resale price taking a big dive in August. But the same trend doesn’t...
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So your kitchen cabinets, decoratively speaking, are on their last legs. What, if anything, could save them from the waiting jaws of a hungry dumpster? You face facts. It's time to whip 'em out and start over. Allow us to step in. Your trusty old kitchen, whilst it might appear caput, could actually be a suitable candidate for surgery.
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High levels of debt plus rising house prices result in economic contractions, warns CMHC CEO.
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Homebuyers rushed to get approved before new "stress test."
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Toronto has established itself as a hot market for residential condos, but more recently, the office-condo trend has started to make waves through the city, potentially becoming the next big investment opportunity.
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"Uncertainty" in the market amid new mortgage rules.
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With over 90 per cent of renters and home-buyers starting their research and property search online, realtors, property managements firms and REIT's are now spending most of their marketing budgets on digital and web-based advertising tools and features which provide for an increased return on investment (ROI).
For die-hard urbanites on the hunt for a condo in the heart of Canada's largest metropolis, the old real estate adage location, location, location means getting specific. Really specific. Down to the...