Entries by Mahyar Rezapour

How can Canada solve its housing supply problem?

The news that Canada’s most populous provinces are likely to fall well short of affordable housing targets for 2030 came as little surprise to anyone who’s been following the country’s supply crisis in recent years – but finding a solution to that shortfall appears to be no easy task. That’s partly because of the problems […]

October 13, 2022 by
,

Development approval timelines in the Greater Toronto Area

As per Altus Group their recently completed study for BILD (Building Industry and Land Development Association). They have looked at various factors that might be contributing to housing affordability and supply issues. Here in the Greater Toronto Area. One area that they looked at was development approval timelines, which I thought developers must be aware […]

October 13, 2022 by

August 2022 Toronto Market Watch

High Borrowing Cost Impacting GTA Real Estate Market, Bank of Canada Increases Policy Interest Rates By 0.75%, Rent Soar By Double Digits Annual Increase It is noted that the August home sales is about 34% less compared to August 2021 but the average selling price still has a slight increase of 0.9% compared last year. […]

September 19, 2022 by

Can students get a mortgage in Canada?

For most post-secondary students, just getting by financially while passing classes is more than enough to occupy their time, however, everyone’s circumstances are different. There may be a time when you find yourself enrolled as a student and interested in buying a home. Maybe you are a mature student who chose to go back to […]

September 7, 2022 by

How to Avoid Paying Unnecessary HST

The federal government announced back in May that all assignments will be subject to a 13% HST tax in Ontario. This tax has also been applied, but we used to have specific workarounds – but as of May 7th, those workarounds no longer apply. What does this mean for you? You pay HST on the […]

September 7, 2022 by
,

Bank of Canada announces another big rate hike

The Bank of Canada has increased its benchmark rate by 0.75%, marking a fifth consecutive hike in its latest effort to get surging price growth under control. The central bank’s move is its first three-quarter-basis-point jump of 2022, bringing its trendsetting policy rate to 3.25% – a full three percentage points above the rock-bottom level […]

September 7, 2022 by

What is the cost of living in Toronto and why is it so high?

Toronto is known for many things as Canada’s biggest and most bustling city. Some of these are positive, like its diverse culture, rich history, and fan favourite sports teams. Others, not so much, like the incredibly high cost of living that Torontonians get to enjoy. Though the title for most expensive of all is often […]

August 26, 2022 by

Order Status Certificate

Below we have detailed ordering status certificates from our firm. To see the full benefits of ordering online with CONDUIT click here. Order Online Visit www.statuscertificate.com where you can search 24/7 for the property by corporation number or address. If this is you first time using Conduit, setup your user id and password. Please ensure that you record […]

August 18, 2022 by

Are rate-battered REITs worth a second look?

Real estate investment trust shares have been under pressure this year due to rising interest rates, which could lead to more price declines. Nevertheless, publicly traded REITs still offer an enticing long-term investment opportunity, according to a Morningstar analyst. According to Kevin Brown, Morningstar’s senior equities analyst for REITs, the U.S. Real Estate Index, which […]

August 11, 2022 by

Buying vacant land in Ontario: What you need to know

These days, the word real estate is often synonymous with structures. Homes, apartments, shops, factories and the like are all often thought of as real estate – but this is really only half the picture. Underneath every building in real estate is the land it rests on, which is itself a valuable asset and an […]

August 11, 2022 by

New GTA House Sales Down By 85% in June

New home sales in the Greater Toronto Area (GTA) continued to ease in June. According to a new report from the Building Industry and Land Development Association (BILD), the total new home sales of 1,694 units were down a notable 56% from June 2021 and 52% below the 10-year average. The data is generated by […]

July 30, 2022 by

Survey: Home prices remain on a strong growth trend

While interest rates have been on the rise for the past few months, the Canadian housing market continued to see price growth during the first six months of this year, according to the latest “Price Per Square Foot” survey by CENTURY 21 Canada. The increases were particularly notable in suburbs and smaller communities outside metropolitan […]

July 30, 2022 by

City of Toronto offers zero-interest loans, incentives to accelerate home retrofits and emissions reductions

Today, the City of Toronto announced the launch of an enhanced Home Energy Loan Program (HELP) that will offer zero-interest loans and incentives to help Toronto homeowners make their homes more energy-efficient and reduce the emissions contributing to climate change. The HELP program has been offering low-interest loans to homeowners since 2014. Currently, homes and […]

July 21, 2022 by