Summer ’17 mortgage update

There has been a lot of media chatter lately, that the Canadian economy may be showing significant signs of improvement. But is it really sustainable when you hear about plummeting oil prices and weak retail sale? Regardless, let’s assume for a moment the Canadian economy goes on a tear (which I think is questionable) or […]

Toronto market cools, creates sticky situations

Globe & Mail June 10, 2017 With a new home and a baby on the way, this summer was meant to be joyful for Pickering teacher A.J. Smith. Instead, he’s found himself squeezed by the Greater Toronto Area’s housing-market slowdown, watching tens of thousands of dollars evaporate from the value of a house he needs […]

When a detached home isn’t really detached..

‘Detached’ home for sale is actually linked to property next door Bob Aaron Toronto Star June 7, 2017 After signing an agreement, a couple found out their house was connected underground to their neighbour. When is a detached house not detached? That was the question facing the “Smiths” late last month. The couple came to see […]

And the Toronto spring market is now over…

The Toronto spring real estate market came on hot and furious.  It was sooner than normal, it was hotter than normal, average selling prices zoomed skyward and now it’s over.  The summer market is upon us, with buyers able to breathe, make calm decisions and buy without impulse decisions.   Here’s the chart for 2007-2017 […]