As a first-time homebuyer, you are embarking on the biggest purchase you have made up until that point—and likely the biggest purchase you will ever make. So it is critical that you know how to approach it and what to look out for. Here are 10 smart tips when buying a home for the first time.
Ten smart tips when buying a home for the first time Read More »
The Canadian housing market has been on an absolute tear for close to two decades. An elongated bull run coupled with record-low interest rates drove residential real estate prices significantly higher over time. Let’s take a look at three housing trends investors might see in 2022
The Bank of Canada, our central bank, just raised the benchmark interest rate by 0.50% to 1.5%, which is merely 0.25% below the 1.75% levels in 2019, before the COVID-19 pandemic hit. It signaled that more hikes are coming. This hawkish stance is for curbing the high inflation we’re experiencing.
Bank of Canada Raises Interest Rate to 1.5%: What it Means for Your Mortgage Read More »
The luxury home market is strong these days across the country but it’s especially robust in major centres such as Toronto and Montreal, where home buyers are seeking top-quality residences.
Janice Fox, broker of record with Hazelton Real Estate Inc., which is selling the Maison 77 Clarendon boutique condominium project by Menkes Developments Ltd. and Pinedale Properties Ltd., described the luxury segment of the real estate market in Toronto as being “nice and strong.”
Buyers ‘don’t want to sacrifice’ anything when it comes to condo living Read More »
