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Posts Categorized: Mortgage

October 2017 Market Watch

October was an incredibly interesting month for the GTA’s real estate market. The Toronto Real Estate Board (TREB) just recently released the housing statistics for last month. For your convenience, we have summarized the most important points here, but if you’d like more information, you can see the full report at the TREB website here. If… Read more »

Canada’s New Mortgage Rules

A few days ago the Office of the Superintendent of Financial Institutions (OSFI) released changes to its mortgage rules. Let’s talk about how it will affect affording a home from next year onwards. The changes require borrowers to undergo a “stress test” in order to make sure they will be able to withstand higher interest rates. Previously,… Read more »

September 2017 Market Watch

For this month’s episode of Market Watch we will be talking about what the September market looked like. The Toronto Real Estate Board (TREB) released their market watch report for the last month and we’re going to discuss the numbers. 2017 is almost over, with roughly three months to ago. In contrast to last month… Read more »

August 2017 Market Watch

For this month’s episode of Market Watch we will be talking about what the August market looked like. The Toronto Real Estate Board (TREB) released their market watch report for the last month and we’re going to discuss the numbers.   We’re through most of 2017, and we’ve witnessed quite a few fluctuations in the… Read more »

July 2017 Market Watch

For this month’s episode of Market Watch we will be talking about what the July market looked like. The Toronto Real Estate Board (TREB) released their market watch report for the last month so let’s take a  look at the activity so far.   Now that we’re more than halfway through the year, we’ve seen… Read more »

June 2017 Market Watch

  For this month’s episode of Market Watch we will be talking about what the June market looked like. The Toronto Real Estate Board (TREB) released their market watch report for last month, and we’re keeping up at the halfway mark.   We’ve come halfway through the year and the 2017 market has taken unexpected… Read more »

May 2017 Market Watch

  For this month’s episode of Market Watch we will be talking about how the market activity from last month. The Toronto Real Estate Board (TREB) released their market watch report for May 2017, and we’re analyzing the numbers that we see.   May is typically a strong month in real estate however last month there… Read more »

March 2017 Market Watch

For this month’s episode of Market Watch we will be talking about how the month of March played out. The Toronto Real Estate Board (TREB) released their market watch report for last month, and we’re seeing how well the year is going.   Contrary to the previous months this year, new listings were actually up… Read more »

Should You Rent or Buy?

Typically when thinking of real estate, being a homeowner is what most people are drawn to. But in the current market, potential homebuyers are looking away from that option, and instead bringing in another option: renting. Renting as most people know, is a great approach for temporary situations. It has lower commitment pressure and is… Read more »

Property Tax Reassessment

The value of a home is primarily determined by the sales in a given area. They also look at property information like “land title documents, building permits, on site property inspections,” along with many other factors. The factors that make up a majority of a homes’ value is “the location, the lot dimension, the living… Read more »