Canadians have qualified for much larger mortgages over the past two decades due to record-low interest rates, and that has impacted affordability according to the Fraser Institute
The company paid $18.5 million, excluding taxes and transaction costs
A report released Tuesday by the Conference Board of Canada that drew attention to the growing income disparity between Gen Yers and their baby boomer parents has some analysts claiming that the wage gap is leading buyers to more cautiously enter the housing market.
The tightest market in years means selling agents are now seeing more and more no-condition offers thrust before clients, but too few are viewing those offers as the red flags they are, caution agents.
The move by another major Canadian university to introduce a real estate-centred program has Realtors divided, with some suggesting it will fail to professionalize an industry where licensing may be too easy to win.
Ira Jelinek is a Realtor with Harvey Kalles Real Estate in Toronto, and was ranked in the top one per cent of all agents in Ontario after just four years in the business.
Is your client thinking about building their own home? Will they require any level of financing along the way? Suggest they start at the very beginning with an in-depth project review with their mortgage broker, one that is specifically experienced with construction mortgages. In fact, have this conversation prior to their purchasing the lot if possible.
Ricky Chadha is a real estate agent with Royal LePage in Toronto. He is also a real estate columnist for The Globe and Mail.
A local realtor in Mississauga donated $23,000 on July 24 to benefit the family of 5 year old Erica Castrillon
EXIT Realty Corp. International will be part of Habitat for Humanity Canada’s biggest build project ever
Leading players in real estate and architecture will present the second biennial edition of Toronto of the Future