Category: Uncategorized
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Mississauga Sees Slight Decline in Rental Prices
Mississauga saw a slight decline in rental prices in September. 1-bedroom apartments averaged $2,343, ↓ 0.2% MoM, and ↓ 0.7% yearly. 2-bedroom units are priced at $2,759, ↓ 1.2% MoM, and ↓ 3.3% yearly. Despite these small declines, Mississauga remains a sought-after location due to its proximity to Toronto. New housing developments may be helping…
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Budget-Friendly Backyard Tips for Fall
Fall is the perfect time to enhance your backyard for year-round family activities and enjoyment.Cleaning flower beds and adding mulch helps retain moisture and prevents weeds in your garden.
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Why Won’t Lower Rates Fix GTA’s Housing Crisis?
First-half 2024 saw low sales due to high interest rates and construction costs, with no expected rebound. Record-low sales will lead to fewer housing starts, worsening future housing supply in the region.
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Why Should You Invest in Pre-Construction Condos?
Lower capital requirements allow investors to pay in stages, easing the financial commitment. Leverage enables control over larger assets with smaller initial investments, enhancing profit potential.
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GTA Condo Oversupply to Dampen Home Price Growth
Toronto’s condo oversupply will continue affecting home prices, keeping growth below average. GTA home sales remain weak but are expected to improve gradually, including in the condo market.
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Peel Region Market update
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كيف يمكن للمشترين لأول مرة الاستفادة من سياسات الرهن العقاري الجديدة في كندا؟
أدخلت كندا تغييرات كبيرة في سياسات الرهن العقاري تهدف إلى مساعدة المشترين لأول مرة، بما في ذلك رفع سقف الرهن العقاري المؤمن إلى 1.5 مليون دولار وتمديد فترات السداد إلى 30 عامًا. تهدف هذه الإصلاحات إلى تخفيف الضغط المالي على المشترين الشباب في ظل ارتفاع أسعار المنازل وأسعار الفائدة. ستسمح هذه التغييرات لمزيد من المشترين…
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Is Longer Amortization a Factor in Choosing a Mortgage?
A longer amortization means revisiting mortgage terms more frequently, influencing the choice between fixed or variable.Longer amortizations mean paying more interest upfront, so repaying principal early is key.
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21% of GTA Condos Priced Under $550K in H1 2024
In Toronto, the median condo price has surpassed $600K, making affordability a challenge. Despite this, three Toronto neighbourhoods offer condos under $550K as of early 2024.
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Condo Renovation Do’s and Don’ts
Develop a detailed plan, including budget and design goals, before starting your condo renovation. Allocate a budget that accounts for unexpected costs and allows flexibility throughout the renovation.