Why GTA home prices will continue to rise

There’s an old saying “You can’t make land, so you have to work with what you’ve got”. This graphic will explain why home prices in the GTA continue to rise.  We have strong immigration policies in place, and we have the Greenbelt to contend with.  There’s only such much land on which to build homes […]

Lower rates will make home buyers jump…

Canada’s housing market is already seeing the impact of falling interest rates, with nearly half of Canadians telling a new survey that they are planning to buy a home in the next five years and more than 15 per cent saying cheaper mortgage rates will allow them to make the purchase sooner than expected.   More on this…. […]

Toronto’s disappearing middle class

Toronto is transforming from a mostly middle-income city into an island of wealth surrounded by increasingly poor pockets of suburb, 42 years of data reveals. University of Toronto professor David Hulchanski has recently updated his groundbreaking income-disparity research, showing that polarization proceeds as Toronto’s middle-income communities vanish. The long-term trend to 2012 shows average incomes […]

Condo projects cancelled

BUILDINGS CONVERTED TO RENTALS:  Some condo projects in the Toronto area are being cancelled by the builder, and converted to rental buildings instead.  Such is our market! Urbancorp has quietly cancelled its Kingsclub condo complex on King Street West and plans to build three towers of apartment rentals instead. It is the second downtown condo […]

First Time Buyers’ incentives galore!

There are many incentives for first time buyers. There has never been a better time to take advantage of these! – RRSP Home Buyers Plan – Home Buyer Tax Credit – CMHC Flexible Financing – Land Transfer Tax Rebate; and last but not least… – recently reduced Bank of Canada prime lending rate  FIRST TIME […]

Radon gas – is it a problem?

Radon is a colourless, odourless gas that can seep undetected into your home and cause lung cancer. Protect your family by testing your home for radon. What is radon? Radon is a radioactive gas that is produced naturally by the breakdown of uranium in the ground. Since radon can’t be seen, smelled, or tasted, it can […]

How real estate has changed …

Has real estate changed since 1981? Yes. How?  In many ways – there is more information available to clients, better methods of communication, and great marketing of properties to attract more attention. See what’s changed over the years…