Apart from during our recent rate hike cycle, the last time interest rates were at our current level was back in 2007. A variable mortgage costs the same now, how about home prices?
Based on the average income in the city of Toronto, an affordable home would cost around $600,000. There’s lots of condo options but are there any houses you could buy for that price?
The Bank of Canada will lower interest rates to 4.75% on June 5, 2024, according to three-quarters of economists in a Reuters poll. What’s the actual impact and are more rate cuts coming?
If you think being a lion tamer is challenging, try whipping your finances into shape to beat down your mortgage! Here’s three approaches to getting it done.
Some headlines make you shake your head and some make you think one thing when the truth is quite different. Let’s debunk some recent headlines about real estate investors losing money.
When it comes to condominiums, the maintenance fees you pay aren’t just a monthly cost – they also have a huge impact on how much it costs to buy a unit, as well as price appreciation moving forward.
As of March 30, 2022, the Government of Ontario has increased the Non-Resident Speculation Tax on real estate from 15% to 20%, and it now applies across the entire province. Here’s what that change means.
When interest rates rise, the real estate market is impacted. It might not be panicking in the streets, but it definitely impacts the number of sales, the average price and what’s coming next.
Despite the record high prices and the low inventory, now is a good time to buy income properties. Here’s a story of what has happened in the past 5 years to prove it.
