10/18/2023 | Posted in Home Owners by Jessi Sandhu
Police forces and legal experts in Ontario are pushing for the provincial government to make legislative changes that would reduce elaborate fraud scams targeting ... More
OSFI seeing a deterioration in credit quality, says borrowers to face challenges at renewal
10/12/2023 | Posted in Home Owners by Jessi Sandhu
Canada’s banking regulator says the sustained increases in interest rates over the past 18 months have challenged some borrowers’ ability to pay and led to a ... More
Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook
10/2/2023 | Posted in Home Owners by Jessi Sandhu
With interest rates increasingly expected to stay higher for longer, many of the homeowners who locked in low rates years ago are likely bracing themselves for financial pain ... More
Cities worry COVID-19 could shatter their budgets
3/27/2020 | Posted in Home Owners by Jessi Sandhu
It's very likely that COVID-19 will shatter Ontario's municipalities' budgets, and without provincial or federal help they will have no option but to increase the ... More
Homeowners' spending on renovations falls to 6-year low
6/5/2019 | Posted in Home Owners by Jessi Sandhu
Canadian homeowners continue to cut back on home renovation spending in 2019: CIBC Poll
... More
7/27/2018 | Posted in Home Owners by Jessi Sandhu
Canadians spent nearly $78bln on renovations last year, but a slower sales cycle could impact that figure.
... More
Canadian homeowners trim spending on home renovations in 2018
6/1/2018 | Posted in Home Owners by Jessi Sandhu
Spending drops as much as 25 per cent in some provinces as more homeowners focus on wear and tear.
... More
If you haven't disclosed your home's rental suite, you may be breaking the law
8/6/2017 | Posted in Home Owners by Jessi Sandhu
A rental suite is a great way to help homeowners meet their mortgage payments at a time when home prices are creeping ever upward in some parts of Canada.
... More
How principal-residence tax changes will affect every Canadian homeowner
10/8/2016 | Posted in Home Owners by Jessi Sandhu
Earlier this week, Finance Minister Bill Morneau introduced tax changes that were aimed primarily at foreign investors in Canadian real estate to ensure they abide by our ... More
Common real estate scams and how to avoid them
10/4/2016 | Posted in Home Owners by Jessi Sandhu
For most people, buying a first house or condo is exciting and a big leap into adulthood. But it doesn’t take long for the cold hard reality of mortgage payments, taxes ... More
Canadian key household debt ratio hits record high
9/15/2016 | Posted in Home Owners by Jessi Sandhu
Canadian household debt ratios hit a record high over the spring, according to new figures released Thursday by Statistics Canada.
... More
Get used to low interest rates, slow growth
9/15/2016 | Posted in Home Owners by Jessi Sandhu
Good news and bad news for homeowners; low interest rates are set to be around for a while but the Canadian economy is likely to remain sluggish.
... More
Paint Colors That Make a Room Look Bigger
9/13/2016 | Posted in Home Owners by Jessi Sandhu
A room’s size is sometimes a matter of perception, and the paint color on the walls has a lot to with that perception. Some colors can actually make a room appear ... More
Lender warns over rising household debt
8/25/2016 | Posted in Home Owners by Jessi Sandhu
Canadians are borrowing more as low interest rates help drive a thirst for credit. Non-mortgage loans increased in the second quarter of 2016 according to RBC, especially auto ... More
Each Canadian household to spend around $13,000 on renovations in 2016: CIBC
6/24/2016 | Posted in Home Owners by Jessi Sandhu
Canadian homeowners are projected to spend an average of $13,017 per household on renovations and home improvements this year, according to the latest poll by CIBC.
... More
Household debt eases but mortgages remain strong
6/15/2016 | Posted in Home Owners by Jessi Sandhu
Canadians owe $1.65 for each dollar of disposable income according to Statistics Canada with an increase in debt levels driven by mortgage borrowing.
... More
How much will it cost if Ontario makes you kiss your gas furnace goodbye?
5/25/2016 | Posted in Home Owners by Jessi Sandhu
The ambitious climate change initiative proposed by Environment Minister Glen Murray and exposed by the Globe and Mail is bound to come with a hefty bill, critics caution.
... More
Ontario mulls changes to rental rules, prompting concern from tenants groups
5/3/2016 | Posted in Home Owners by Jessi Sandhu
The Liberal government said its plans to make it easier for landlords to evict problem tenants will lead to more affordable housing, but tenants' rights groups blasted the ... More
Mortgage debt behind rise in household debt
3/15/2016 | Posted in Home Owners by Jessi Sandhu
Canadian’s household debt continued its upward trajectory in the fourth quarter of 2015. The latest data from Statistics Canada shows that average debt rose by 1.5 per ... More
Winterize your home to prevent water damage
11/20/2015 | Posted in Home Owners by Jessi Sandhu
Colourful leaves and cooler temperatures are a sign that winter is on its way. Harsh winter winds, freezing temperatures, rooftop snow and ice build-up can cause damage to your ... More
At Your Service
Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.