Ontario's Fair Housing Plan From Ontario's Ministry of Finance Ontario's Fair Housing Plan introduces a comprehensive package of measures to help more people find affordable homes, increase supply, protect buyers and renters and bring stability to the real estate market. The plan includes: Actions to Address Demand for Housing Introducing legislation that would, if passed, implement a new 15-per-cent Non-Resident Speculation Tax (NRST) on the price of homes in the Greater Golden Horseshoe (GGH) purchased by individuals who are not citizens or permanent residents of Canada or by foreign corporations. Ontario's economy benefits enormously from newcomers who decide to make ...
Ontario’s Fair Housing Plan
April 24, 2017
Housing affordability: Toronto versus the world
April 2, 2017
Bubble Burst, Bubble Burst, Bubble Bubble Bubble Burst
February 26, 2017
I just read an article where an economist for one of our banks - okay, BMO - said Toronto is headed for a bubble burst. Later on in the very same article, at a point when the majority of readers have moved on and will never see this, a representative from the very same bank, BMO, said there is very little risk of a bubble burst in Toronto. So, who to believe? Are you worried that the real estate market is going to crash? Well, before you make any rash decisions, be sure to fully investigate the reasons why ...
The one question you must ask yourself before buying a home
January 22, 2017
Before you begin shopping for a home you may read a lot of articles online, watch videos and even read books on “how to buy a home.” Information is plentiful and easily accessible. There is way more information now than when I bought my first home. So, you may have checklists prepared that you think will keep you safe from the many pitfalls out there, but there is one thing you need to do first and foremost when you walk into a house. Ask yourself if you like it! Forget your checklist, forget the furnace age, the wiring, the roof ...
Making the most of real estate listings
May 2, 2016
CLICK HERE FOR VIDEO A real estate listing is important when selling or buying a home. It should give you all the info you need to make an offer, the legal description, price and terms etc. It is also used as a marketing tool to attract buyers and to create interest in the property. The listing also specifies the listing brokerage contact information. The listing realtor should have photos, room sizes and descriptions to help the anonymous buyers out there who are surfing the internet to determine if the property could meet their needs. How many bedrooms are ...
Tips for moving when you're older
March 21, 2016
CLICK HERE FOR VIDEO There comes a time when many of us get older and we’ll need to downsize. Some of the main reasons people choose to do so is to free up equity for living expenses as government payments may not be enough to live on. As we get older, a number of us will prefer to live in a smaller house. Others may be tired of tending to the needs of a house and might not have the money or ability to invest in the up-keep. Some people plan to travel when they get older ...