In toronto real estate, new regulations aimed at inducing it harder to get a mortgage take effect today, October 17, 2016, a move that is bound to have an impact on demand for homes in Canada. Earlier this month, Ottawa announced the moves, which boil down to a stress exam for all insured mortgage […]
toronto home buyer
Toronto Sellers check brokerage contract clauses before making a private deal
Question: I listed my home with a brokerage, but I have found a buyer on my own. Can I sell my home privately — without the salesperson? Answer: In toronto real estate, before listing your home, you would have signed a listing agreement with the brokerage that employs your salesperson. The listing agreement […]
GTA Has Low-Rise Homes For Sale More Than in 2015 – BILD
In toronto real estate, the days when you could actually find a beautiful low-rise house in Toronto is over. Only a few Torontonians can now afford to buy houses and also few of them purchased low-rise homes in April, 2016. The Building Industry and Land Development Association (BILD) simply described it in these words: […]
Buying a home in the GTA requires a six-figure income
In toronto real estate, it takes a six-figure household income to afford a home in the Greater Toronto Area. The exceptions are a couple of pockets of Durham where, if you’re earning a little less than $100,000 a year, you can still find a starter nest. A study being published Friday by real estate […]
Toronto suburb Durham region house prices ‘not sustainable’
In toronto real estate, housing prices in Durham Region are on the rise. And just like those other parts of the country, some are saying the growing prices are not sustainable. According to a news release from the Durham Region Association of Realtors, average selling prices in Durham Region were up 15.8 per cent […]