August 2019

Canada Makes Living The Canadian Dream More Affordable

Posted on Aug 30, 2019

First-time home buyers could save $286 a month on mortgage payments under new federal program.

Shared equity program offers 5% on an existing home and as much as 10% on a new home.

The details of a $1.25 billion home-buyer incentive program that was included in the federal budget shows it will save new owners a few hundred dollars a month on their mo...

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How turmoil in Hong Kong could boost real estate prices in Canada

Posted on Aug 29, 2019

The fallout from Hong Kong residents’ months-long clash with China’s government could put further pressure on the real estate markets of Vancouver and Toronto, as well-heeled expatriates and new Chinese immigrants seek safety in Canada, say market observers.

“Yesterday, we had a listing where three different groups came in on a bus, they were all to...

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How to Plan for Homeownership as a Millennial

Posted on Aug 28, 2019

If you're a millennial considering buying your first home, congratulations! You're probably excited until you remember: houses are expensive and—regardless of your current financial situation—you'll likely need to save money to afford one.

This can be intimidating for anyone but, according to a recent survey, millennials in particular say it's beco...

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Rents Are Climbing — Even For Purpose-Built Rentals

Posted on Aug 27, 2019

Haider–Moranis Bulletin: Stricter mortgage rules and high home prices have kept some renters in units for longer, depleting stock for new renters

Purpose-built rentals are considered an essential ingredient in the housing mix, because they provide affordable shelter for those who are priced out of the ownership market or prefer to rent than own. Suc...

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Canadian Home Sales Rise 12.6 Per Cent In July

Posted on Aug 15, 2019

Canadian home sales rose in July in broad gains as markets start to recover from the stress test tightening last year, although economists say global concerns raise some uncertainties for the future.

The Canadian Real Estate Association said on Thursday that home sales rose 12.6 per cent in July from a year earlier, and were up 3.5 per cent seasonal...

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Will staging your home draw that tidy selling price you hope for?

Posted on Aug 14, 2019

The main rooms to be staged before a listing comes on the market are generally the living room, kitchen and master bedroom. Getty Images

Haider-Moranis Bulletin: Study finds no impact on willingness to pay higher price, but buyers have a better impression of a staged home.

Most people who have bought or sold a home are familiar with the concept of st...

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