Archive | Condos vs. Houses

03 August 2017 ~ 0 Comments

Sales down 40% in July

To anyone who follows Toronto’s real estate market, it will come as no surprise that sales transactions are down when tracked over the comparable month of July’s sales last year. Down by a whopping 40% on the other hand, can lead one to wonder if Toronto’s sizzling hot real estate market is starting to crumble! […]

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22 June 2017 ~ 0 Comments

What The Heck Happened to Toronto’s Hot Real Estate Market?

You may have heard that in the month of May, sales activity across the GTA was down. This is true. When compared to year-over-year sales comparisons in which the Toronto Real Estate Board utilizes, sales are down a staggering 20% from those recorded in May 2016. Wait! Wasn’t May 2016 the busiest year ever for […]

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18 May 2017 ~ 0 Comments

What are Rental Rates Like in Toronto?

With all the talk of the heated real estate market we are starting to hear more and more about the options of renting a home or condo, instead of owning one. With Canadian Home ownership rates around 66.50% roughly two-thirds of Canadians are Homeowners. My thoughts about renting for those who have the option of […]

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26 April 2017 ~ 0 Comments

Are your tenants costing you money?

With all the talk of late of the government’s recent request to change the provincial rent control laws to include buildings built after 1991 to the existing cap program*, it has some wondering what the outcome of the rental market in Toronto and its impact might be? A few months back there were a few […]

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16 January 2017 ~ 0 Comments

Toronto City Council says “raise the land transfer tax cost”

#AnotherObstacle It looks like Toronto City Council is at it again! Thinking that purchasers of real estate in Toronto’s neighbourhoods are flush with cash, they look to make sweeping changes to the Toronto Land Transfer tax program. For anyone who has purchased a property in Toronto since February 1st, 2008, you are well aware of […]

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16 January 2017 ~ 0 Comments

Tips to protect your home and property: IBC

The Insurance Bureau of Canada (IBC) reminds Ontarians to review their home insurance policies, update their home inventories and take steps to protect their personal property. “Reviewing and updating your home inventory list helps protect your personal property and can speed up the claims process in the event of a theft or loss,” says Kim […]

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12 January 2017 ~ 0 Comments

First-time buyers get a tax break

Effective January 1, first-time home buyers will get a financial break on the purchase of their new home with a rebate that is double the previous amount, the provincial government announced recently. This is a huge saving for consumers and marks the culmination of advocacy efforts by the Ontario Real Estate Association (OREA) to help […]

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03 January 2017 ~ 0 Comments

5 Home Design Fads That Are Out in 2017

Shiplap and white-on-white kitchens may finally be falling out of favor. The two trends have dominated home design in recent years, but realtor.com® says they’ll be fading fast in 2017. Here are some of the home design trends realtor.com® predicts will fall to the wayside in the new year. Gray. Once the hottest color, gray […]

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21 February 2016 ~ 0 Comments

First-time Buyer Home Is a Condo… And This Can Be Smart Financially!

Over the past 6-7 years, I have been sharing with clients that the first-time buyer “home” is now a condo (and no longer a house). The Toronto Real Estate Board (TREB) in its first ever year-in-review which recently came out, confirms this. Why is this important? For starters, it helps set realistic expectations when discussing […]

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