Over the past few years, we’ve seen housing prices across the GTA skyrocket to incredible highs. And while this might have been great news for sellers, it pushed many buyers out of the market. That said, the fire has dimmed, with prices and sales slowing down over the past few months. But could the spring season bring a spark back to Toronto’s real estate market? Here’s what yo...Read More

By Borrowell To qualify for the best mortgage rates, you’ll need a high credit score. When you apply for a mortgage, lenders use your credit score as a significant factor in determining the rate you receive. Before you start house hunting, be sure to check your credit report and tackle credit issues early to improve your score. Doing so could sa...Read More

Photo by Agung Pandit Wiguna from Pexels There are dozens of amazing neighbourhoods scattered across Toronto for residents to call home. But one particular demographic — young families — has specific requirements, including schools, parks, and detached home options, that can be difficult to find in Toronto’s downtown core. So, what are the top neighbourhoods in Toronto that c...Read More

Toronto needs to think outside the box — or the condo tower — when it comes to solving its housing challenges. Put another way: “It’s time to hack the condo model,” says the executive director of the Ryerson City Building Institute. Its latest report surveys ideas that are creating more middle- and lower-income housing in other cities and at home — n...Read More

When it comes to the Toronto real estate market, everyone has questions. Will the market crash? Should you lock in your mortgage? How the heck can anyone afford to buy in the city? Well, so far, all signs point to a better-balanced market in 2019 and with fixed mortgage rates dropping it might actually be a good time to lock in. But when it comes to buying, there’s a lot more than afforda...Read More

Sales Will Slow as Impact Still Felt from Stress Test This has been a tougher year for the Canadian housing market, as the federal mortgage stress test, along with rising interest rates, has taken a bite out of buyers’ purchasing power and dissuaded would-be sellers from listing. And, thus far, there isn’t any substantial improvement on the horizon. Several real estate associations a...Read More

Here’s a scenario you don’t want to be in: you’ve shopped around and found the perfect house that checks off all the boxes. But your mortgage rate is high because you’ve neglected to pay attention to your credit score in the months leading up to your big purchase. Sounds like a bad dream, doesn’t it? This is why your credit score matters when shopping for a...Read More

Short of a downturn, Canada Mortgage and Housing Corporation (CMHC) has forecast ‘moderation’ in Toronto’s housing market in 2019 and 2020, according to its latest Housing Market Outlook. The federal agency says the local housing market can expect lower sales, slower home starts, higher inventories of homes for sale, and slightly lower home prices compared to the recent market h...Read More

The temperatures may be plunging, but autumn is one of the hottest seasons for homes for sale,and for good reason: young buyers are looking to invest in a new home and moving in before the weather gets too cold. However, holidays such as Thanksgiving and Halloween can make staging a home for sale challenging – how much seasonal décor is too much? Here are a few ways to help make...Read More

In a new analysis, Toronto Real Estate Board president Garry Bhaura said that a kind of gold rush for the city’s highly valued residential assets is setting the stage for a potential supply problem. This is not helped by the growing number of individuals and families establishing new roots in the GTA region, along with a steady inward flow of immigrants and skilled workers. According to fi...Read More