Trying to figure out which screws are right for the project you’re working on? Don’t get caught up in all the choices, we’ll break it down for you. Here are 8 common screw types you might encounter, when to use them, and how to put them to work. Wood screws Usually have coarse threads, which […]
Sam Kolias, chairman and chief executive officer of Boardwalk REIT, said Brampton is an ideal centre for a purpose-built rental project. “We strive to create value in all parts of the cycle in multi-family communities,” Kolias told RENX, noting the GTA is in an “under-supplied, supply-constrained part of the cycle. “New supply is really needed […]
According to a poll by the Bank of Montreal, 68 percent of Canadian couples surveyed cited fighting over money as a top reason for divorce, ahead of infidelity. Buying a home together only raises the stakes — bank accounts are merged, couples are collectively preparing for the biggest purchase of their lives and are budgeting […]
An encouraging pickup in home sales in Toronto last month paled in comparison to massive increases observed elsewhere in southern Ontario and the rest of the province. As Toronto home sales increased a steady 3.7 percent in January compared to the previous month, a number of other Ontario markets saw activity surge in the double […]
Home sales in Canada bounced back this January, leading an economist with one of the nation’s biggest banks to say the performance was “a bit better than expected” before predicting a year of stability for the national market. The comments appeared in BMO Chief Economist Douglas Porter’s response to the latest monthly sales stats from […]
Two senior Waterfront Toronto members will be grilled in Ottawa on Thursday over concerns about whether the controversial Sidewalk Labs smart city project is really what Toronto needs. Meg Davis, chief development officer for Waterfront Toronto, and Kristina Verner, vice- president of innovation, sustainability and prosperity, have been invited to appear before the standing committee […]
Spotty credit card payments might not seem like a big deal when you’re first starting out, but that banking boomerang will hit you hard when it comes back around during that first home purchase. If you have an icky credit history, or outstanding consumer debt, you’re not alone. For every dollar of disposable income, Canadians […]
A new survey suggests more and more Torontonians are considering buying a home at a time when a flurry of factors, including rising interest rates and tougher mortgage rules, are creating higher hurdles to ownership. Some 29 percent of respondents to a recent Ipsos survey say they are likely to buy a home in the […]
The unexpectedly weak Canadian housing market is one factor making it likely Bank of Canada Governor Stephen Poloz will take a less aggressive approach to interest rates this year, notes an economist with one of the country’s biggest banks. “The Bank is still leaning towards lifting rates, but not by much and not anytime soon,” […]
Home prices in Surrey, BC have been rising fast over the past five years and the pace of growth has been second only to Detroit according to a new report on North American home prices. Point2 Homes says that prices in the city have been boosted by population growth and between 2013 and 2018 prices […]
Source: CBRE 2019 Canadian Market Outlook – Toronto
Real estate is not a one-size-fits-all strategy. Pierre Carapetian, a top 1 percent agent in Toronto and an avid real estate investor himself, shares what we should know about buying an investment property in Toronto. Here are his tips to profitable purchases. 1. Understand your goals The type of product you invest in will depend […]
Shannon Stach and her fiancé recently put an offer in on a great Toronto home, one they could envision settling down and raising a family in. They lost the bid by a mere $2,500. “We were shocked,” she says. “That was our first time in this process of putting an offer down.” With almost 30 […]
If snarky comments about a Toronto “shack” listed for $2.5 million are any sign, there’s no shortage of Canadians who feel real estate is way overvalued in big cities — but federal analysts are now showing less concern about out-of-whack home prices, at least in some markets. Despite once again flagging the Canadian housing market […]
The Canadian housing market had a rough year in 2018: sales dropped by 11 percent while the 4.1 percent decline in average price was the worst performance seen since 1995. But it didn’t have to be that way, suggests the Canadian Real Estate Association (CREA’s) top economist. If federal policymakers hadn’t gotten involved by introducing […]
The Toronto housing market is poised to nearly reach peaks reached in 2017, the hottest year on record for residential real estate in Canada’s biggest city. This sums up the year-end forecast from the Toronto Real Estate Board (TREB). The board anticipates home sales this year will clock in at 83,000 units — surpassing last […]
There were 940 total new home sales in December 2018, with 136 Low Rise sales, down -5% from December 2017 (down -78% from 10yr avg) and 804 High Rise sales, down -1% from December 2017 (down -33% from 10yr avg). The New Home Benchmark Price tracks the average Low and High Rise home or unit […]
The total value of building permits issued by Canadian municipalities was up 6% (month-over-month) in December to $8.8 billion, with multifamily and commercial intentions taking the lead. Statistics Canada says that the multifamily sector was up 11.1% to post a record high of $3.3 billion. It was the fourth consecutive monthly gain for the sector […]
Here’s a bit of a surprise: The busiest shopping centre in North America isn’t in New York or L.A., as one might expect. It’s in Toronto — the iconic Eaton Centre. That’s just one tidbit of information from the Retail Council of Canada’s recent report, which shows Canadian malls are beating their U.S. counterparts on […]
TransUnion has launched a new solution to enable lenders to offer a fully digital lending experience by SMS text message. As part of its Mobile Offers Now product, users can walk through the borrowing process entirely with text messages thanks to verified prefill capabilities. Starting with a text to a shortcode, customers are shown relevant, […]
Maziar Moini, Broker of Record - Home Leader Realty Inc.
300 Richmond St. W., #300, Toronto, ON M5V-1X2
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