It was a Happy New Year celebration indeed for our local real estate market. Sales levels hit record heights in Pelham this past year while the average price in Welland spiked dramatically. Residential sales in Pelham reached 232, a healthy… Read More ›
We just read an interesting article just published on Workopolis: How much you need to earn to buy a house in every major Canadian city? Click here to read full article Using the same criteria outlined in the Workopolis analysis… Read More ›
Preventing the spread of municipal land transfer taxes (MLTT) is the focus of a new advocacy campaign at the Ontario Real Estate Association. The association launched the issue-based campaign in April to demonstrate the negative economic impact of the MLTT,… Read More ›
Jun 13, 2013 by Larry MacDonald as posted at CanadianBusiness.com http://www.canadianbusiness.com/economy/why-rising-mortgage-rates-wont-tank-the-housing-market/ (Photo: Fry Design/Getty Images) Earlier this week, some Canadian banks hiked the fixed rate on their five-year mortgage term by 20 basis points to 3.29%. Not surprisingly, housing bears… Read More ›
Ninety-six per cent of Ottawa residents agree they want to know if the home they’re planning on purchasing was formerly used as a marijuana grow-op (MGO) or clandestine drug lab, according to a study by Ipsos Reid for the Ontario… Read More ›
Like many Torontonians, Dave Pearce and his wife Jennine Profeta are struggling to find an affordable home. They currently live in a one-bedroom apartment with their infant son and it’s getting cramped. “We need more room, and soon,” Pearce says…. Read More ›
When you buy a condominium from plans that won’t be built for a few years, the developer has to give you a list of important documents when you sign the sale agreement. These include the rules that will govern the… Read More ›
According to statistics[1] released this past month by The Canadian Real Estate Association (CREA), national resale housing activity retreated in January 2012 from the strong finish reported for December 2011. Highlights: Home sales were down 4.5% from December to January. Actual… Read More ›
Niagara Realty Source Report 