Research from the OREA shows Ontario homeowners and aspiring homeowners could well make housing a huge election issue.
The mortgage stress test is a tool used to ensure that buyers do not spend more on a home than they can actually afford.
01/10/2018 13:42 EST
Coming off a prolonged slump in the economy and housing market, thanks to low oil and gas prices, Alberta seems poised for recovery.
08/14/2017 11:37 EDT
More condo builders are coming up to speed in catering to this growing demand.
08/10/2017 11:44 EDT
And it's been a long time coming. Seven years, in fact.
07/12/2017 09:34 EDT
Why do people purchase pre-construction? That's a lot of money to put down on a plan and a promise that it will be built in a few years.
07/06/2017 10:26 EDT
Here are a five unexpected advantages that could tip the scales in favour of the outskirts.
07/04/2017 13:35 EDT
Single-detached houses in the 416 are getting hard to come by - equally in terms of affordability and supply. This new reality has given rise to different forms of high-density housing, which the Canadian Home Builders' Association refers to as "missing middle" housing.
06/19/2017 02:56 EDT
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.
06/06/2017 04:35 EDT
Winning the housing market game can be viewed in a number of ways. To some, winning means getting the home they love -- at any cost. To the smart buyers out there, winning means knowing the difference between good value and over-value, and making a sound purchasing decision that you can live with for years to come.
06/05/2017 04:23 EDT
We examined vacancy and rental rates (two-bedroom) from Canada Mortgage and Housing Corp., and validated these findings with the latest data on population, employment and wage growth. Our research was further guided by insight from investors and other experts.
05/31/2017 01:44 EDT
In a step to support renters with rent stability and some measure of protection for rental rights, the province of Ontario has officially passed new rental legislation on May 18, 2017. The Rental Fairness Act, 2017, resolves significant issues that renters have been battling.
05/25/2017 10:04 EDT
The biggest threat to our strong real estate market and local economy is a generation of buyers who, in pursuit of the housing dream, throw caution to the wind, assume a crippling mortgage, and take on more debt than they can handle.
05/05/2017 03:18 EDT
In most Canadian cities -- and many smaller communities too -- renters are increasingly being priced out of the market. It's no secret, real estate is hot hot hot, and it's not just the prices of homes and condos that's gone off the chart, as part of the active market, rental prices have also skyrocketed.
04/28/2017 02:49 EDT
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.
10/17/2016 05:01 EDT
There's an old saying in the real estate industry: Drive until you qualify. Can't afford a home in downtown Toronto? Maybe look a little further from the core -- perhaps Etobicoke, or Mississauga, or Milton, or... Just how far are young home buyers willing to drive?
10/12/2016 03:00 EDT
Under the new mortgage rules, which take effect on Oct. 17, all new insured mortgages must qualify for the amount at a rate of 4.64 per cent, which is an average of the big banks' current posted mortgage rates. This is the case even if the rate offered by your lender is lower.
10/05/2016 02:58 EDT
City planners and developers need to realize that building a good mixture of home types for people of different incomes and ages, with amenities for people at all stages of their life, is what make a stable, healthy, vibrant city, and one where people want to, and are able to, stay and thrive.
09/21/2016 12:19 EDT
You've been answering ads and putting in applications like it's your job, but you're just not getting the apartment, time and time again. Want to know why you're not getting the apartment? It might not be what you think.
07/04/2016 01:02 EDT
It's interesting to note that as we're seeing record-high prices and pricing increases in the buying and selling of residential real estate, we didn't see a translation of that to the maximum rent increase allowable. Instead we saw something towards the middle of the possible 2.5 per cent.
06/27/2016 12:05 EDT
SUBSCRIBE AND FOLLOW
Get top stories and blog posts emailed to me each day. Newsletters may offer personalized content or advertisements. Learn more