By Wayne Karl
Tight supply and strong demand will dominate the GTA market this year, resulting in double-digit home price growth, according to the Toronto Real Estate Board (TREB).
While this forecast may be good news for existing homeowners, it might be the last thing prospective homebuyers in...
(1) Comments | Posted February 1, 2017 | 1:08 PM
By Lydia McNutt
So, you've decided to buy a new condo. It's a big commitment, but rest assured -- you're not alone.
There were 29,186 new highrise condos sold across the GTA in 2016 -- a high-rise record and 30 per cent more than in 2015, according to
(0) Comments | Posted January 27, 2017 | 1:59 PM
By Lydia McNutt
More than 10,500 new condo units* are slated to hit the Greater Vancouver housing market this year, according to MLA Canada's 2017 Market Intel report -- opening up plenty of more-affordable housing options for prospective homebuyers who have been priced out of the single-detached segment.
...(12) Comments | Posted January 25, 2017 | 11:06 AM
By Wayne Karl
Now that Donald Trump has been sworn in as the 45th president of the United States, should we prepare for an onslaught of Americans moving north and buying Canadian homes?
Don't bank on it.
The "possibility" was well publicized leading up to the election last November, with...
(0) Comments | Posted January 23, 2017 | 2:49 PM
By Lydia McNutt
As the saying goes, good things come in small packages. In fact, this may be the mantra for many homebuyers in 2017, given the steady rise in real estate prices. National housing affordability hit an eight-year low in the third quarter of 2016, according to the latest...
(1) Comments | Posted January 18, 2017 | 4:34 PM
By Sonia Bell
Neighbourhoods are always in a constant state of flux -- real estate developers continuously build new communities, cities enhance public spaces and, as neighbourhoods evolve, the population begins to change over time.
Four neighbourhoods in the Greater Toronto Area in particular -- Liberty Village, Mimico, Financial...
(0) Comments | Posted January 12, 2017 | 2:16 PM
by Lydia McNutt
The urban-suburban debate continues in the search for the perfect home -- particularly in the face of Toronto's rising real estate prices. Indeed, affordability hit an eight-year low in the third quarter of 2016, according to the latest Housing Trends and Affordability Report from RBC...
(3) Comments | Posted January 11, 2017 | 4:33 PM
Luxury house at dusk in Vancouver, Canada. (Photo: Kara Mysh via Getty Images)
Written by Wayne Karl
Prospective homebuyers face a growing list of challenges -- from skyrocketing prices in Vancouver and Toronto, to soft conditions in Alberta, to another round of...
(1) Comments | Posted January 9, 2017 | 11:30 AM
Photo of houses in a residential neighbourhood taken from above in Hamilton, Ont., Canada at night. (Photo: Arpad Benedek)
Written by Wayne Karl
Skyrocketing housing prices in Toronto are forcing more and more prospective homebuyers in the GTA to hop on the QEW...
(0) Comments | Posted December 22, 2016 | 8:45 AM
By Sonia Bell
With the costs of buying and maintaining a home on the rise, Canadians are increasingly relying on secondary suites to help mitigate the costs of homeownership.
According to a new report by Mortgage Professionals Canada, Canadians who purchased their home within the past two...
(12) Comments | Posted December 21, 2016 | 11:47 AM
By Lydia McNutt
Skyrocketing home prices dominated the headlines in 2016, and it's no surprise that housing unaffordability remains the news of the day as we wrap up the year. Affordability has hit an eight-year low in the third quarter of 2016, according to the latest Housing Trends and Affordability...
(0) Comments | Posted December 13, 2016 | 7:39 AM
By Lydia McNutt
Are micro condos still a thing, or a novelty? Well, if you've been keeping up on real estate prices in Canada, then you already know that condo is king. So the real question is, how "big" is small-space living?
Housing costs continue to soar in Canada's priciest...
(15) Comments | Posted December 9, 2016 | 11:06 AM
Written by Wayne Karl
Yes, that's right, Hamilton, Ont. -- or, specifically, the Hamilton-Burlington real estate district -- not Vancouver or Toronto. But let's come back to that.
Prospective homebuyers throughout Canada, if ReMax's forecast for 2017 is any indication, you're about to get a break on home...
(0) Comments | Posted December 5, 2016 | 4:33 PM
By Lydia McNutt
There are many questions that will cross your mind in the months and weeks leading up to the closing date on your new home. Did I choose the right location? Did I pay too much? Should I have waited out this hot market?
We've all heard of...
(0) Comments | Posted November 29, 2016 | 3:52 PM
Written by Wayne Karl
Canadians spoke loud and clear. They want a strong, collaborative national housing strategy to facilitate housing for those most in need, address the unique challenges facing indigenous peoples, eliminate homelessness, make housing more affordable and improve data collection, analysis and research.
These are among the central...
(0) Comments | Posted November 23, 2016 | 11:57 AM
By Wayne Karl and Sonia Bell
Now that Donald Trump is president-elect, some Americans are thinking of #MovingToCanada before he takes up residence in the White House.
With search terms such as "How to move to Canada" and "How to become a Canadian citizen" skyrocketing on...
(0) Comments | Posted November 18, 2016 | 7:43 AM
By Lydia McNutt
We've all heard the acronym, yet not everyone knows what it means - what it really means. NIMBY, or "not in my back yard," implies just what it says. "Yes to new housing, schools and community development, just not right where I live, thank you very much."
...(0) Comments | Posted November 16, 2016 | 12:31 PM
Written by Wayne Karl
There's less than one week to go until the federal government tables its national housing strategy report on November 22, following months of consultations with the provinces and territories, industry experts and everyday Canadians.
What will, or should, our national housing strategy look like?...
(0) Comments | Posted November 14, 2016 | 10:59 AM
By Lydia McNutt
There are many reasons to sell your home this fall. You could be among the throngs of Canadians looking to cash in on Canada's hot housing market. Or perhaps you're a neighbour south of the border, considering an escape from Trumpville. And second only to spring time,...
(0) Comments | Posted November 10, 2016 | 7:25 AM
Written by Wayne Karl
Spend a few minutes watching W Network's reality series Hockey Wives, and you quickly realize two things. One - it's not at all like any of those Real Housewives shows riddled with F-bombs and B-words. And two...
(0) Comments | Posted February 3, 2017 | 12:57 PM