What constitutes too much paper-work for people who want to renovate their homes? What are homeowners experiencing? What can we expect from the City of Toronto’s budget?
The government is decreasing the number of international students coming into Canada. How will this affect the real estate market? Will it ease the housing crisis?
We dive into how co-ownership can be a better solution in Toronto to get into the real estate market. What are the legalities you should think about before you co-own?
Parking spots in Toronto are selling for more than $100,000. Olivia Chow announces an increase of 10.5% in property taxes.
Why did Toronto just have the worst year in real estate sales? A condo with no bedrooms goes on sale for $600K.
We talk about identity theft and seller fraud in Toronto real estate. CEO of Exhibition Place wants to upgrade it to an entertainment destination.
26% of Canadians can now afford a home. How did this happen?
Did you know there are detached houses in Toronto listed for less than a million dollars right now?
Something that’s been rare over the last few years. Although interest rates are still high.
Think of marrying the house and dating the rate.
What does that mean exactly? Real estate prices are lower than they have been in the past few years so a house currently price at $900,000, could have sold for over a $1 million over a year ago.
A buyer could buy a house for approximately $900K and save themselves $100K, that’s what I mean by marrying the house.
Then, on the rate side, interest rates are temporarily high but that will change as rates will most likely come down next year.
Any rate you have right now can be temporary, kind of like you are dating.
So… Date the Rate & Marry The House.
I explained this concept on BNN Bloomberg this week. Check out the segment on The Close.
Quebec doubles its tuition for out-of-province university students in hopes to increase French speakers. Open bidding is allowing homebuyers to see competing bids.
Living at a hotel could be cheaper than renting your own condo in Toronto. Floating homes on the lake for sale in Toronto.