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FOR SALE: 21 NARDINI LANE | RICHMOND HILL

Tuesday Nov 20th, 2018

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Luxury, Exquisite and Fully Upgraded 2,032 Sq. Feet Freehold Home in The Heart of Richmond Hill - South Richvale. Fabulous Layout With All The Right Spaces. Balconies All Around. High 9 Feet Ceilings on Both Floors. Oak Stairs W/Metal Pickets. Finished Walkout Basement. Carpet Free Home With Tons of Upgrades. Master Bedroom Features Cathedral Ceiling, Large Walk-In Closet, 5pc. Ensuite & Juliet Balcony. Laundry Room on 2nd Floor. Large Living & Family Rooms. [read more]

1143 PEELAR CRESCENT | INNISFIL | $539,000

Friday Nov 16th, 2018

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1143 PEELAR | FUADHOMES

Brand New "Mattawa" Model By Lormel Homes. 1,700 Sq. Feet Upgraded Freehold Townhome In A "Sold Out" New Development "The Trails At Carson's Creek". Minutes To A Future Carson Creek Go Station. Short Distance To Parks And Beaches. 9' Ceilings Main Floor. Oak Staircase W/Iron Spindles. 3 Large Bedrooms & 3 Washrooms. Breakfast Area & W/O To Backyard. Spacious Master Bedroom, W/In Closet & 5-Pc En-Suite. Second Level Laundry. [read more]

404 CUNDLES ROAD W. | BARRIE

Friday Oct 26th, 2018

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498 KWAPIS BOULEVARD | NEWMARKET

Tuesday Sep 04th, 2018

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498 KWAPIS - FUADHOMES

Spectacular, Sunny, Custom Upgraded Home On A Premium Corner Lot With No Sidewalk & 4 Car Driveway! Large Porch. Main Floor Feat. 9 Ft Smooth Ceilings W/Crown Moulding. Wainscotting. Grand Master Bedroom W/4-Pc Ensuite & His/Hers W/I Closets. 2nd Floor Laundry. Kitchen Feat. Granite Countertops, Stone Backsplash, Extended Cabinets, W/O To Landscaped Yard. Income Generating Property! Profes. Finished Soundproofed Basement W/Sep Entrance, Kitchen & Laundry.  3 Km Distance To... [read more]

76 VIA BORGHESE | VAUGHAN

Friday Jun 08th, 2018

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Stunning, Executive 5+1 Bedrooms/5 Washrooms "Bellini" Model Home Resides On A Premium 50 Ft. Lot On Family Friendly Street. Boasts 4,540 Sq.Feet Of Living Space. Upgraded Eat-In Kitchen W/Granite Counters, Center Island & Breakfast Area W/O To A Fully Fenced Backyard W/Interlock, Paving & Stunning Composite Deck. 9 Feet Ceilings On Main Floor. Family Room W/Gas Fireplace. Hardwood Floors T/O. Huge Professionally Finished Bsmt W/Bar, Bedroom & 3-Pc Washroom 4 Car... [read more]

185 GOLDEN GATE CIRCLE | WOODBRIDGE | VAUGHAN

Tuesday May 29th, 2018

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185 GOLDEN GATE CIRCLE - FUADHOMES

  Extensively Upgraded Home On A Deep Lot In Prime Area Of Woodbridge - Sonoma Heights! Professionally Designed And Upgraded Totaling $140K In Upgrades, No Expense Spared. Smooth Ceilings W/Crown Mouldings, Led Pot Lights In/Out And Engineered Hardwood Floor Throughout The Home. 9Ft Ceilings On Main. Custom Modern Kitchen And Bathrooms. Large Master With Heated Floors Ensuite. Professionally Landscaped. Fully Finished Pre-Wired Home-Theater-Ready Basement. 4 Car Driveway, No... [read more]

199 CARMICHAEL CRESCENT | KING CITY

Tuesday May 29th, 2018

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199 CARMICHAEL CRESCENT - FUADHOMES

  Brand New Luxury Executive Home Situated On A Huge Premium 60x190 Ravine Lot. The Acacia Collection By Treasure Hill. $150K in Additional Upgrades. White Oak Hardwood Floors Throughout. Tandem 3-Car Garage, 6-car Driveway & Covered Porch Backing Onto Green Space. High Tray/Coffered Ceilings. 10' Ceiling On Main, 9'-12' Ceilings on 2nd & 9' In Walk-Up Basement. 2 Fireplaces, Stained Oak Staircase, Upgraded Kitchen W/Flush Breakfast Bar. 2nd Floor... [read more]

INTEREST RATES | BANK OF CANADA ANNOUNCEMENT

Wednesday Apr 18th, 2018

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INTEREST RATES | BANK OF CANADA ANNOUNCEMENT Bank of Canada Governor Stephen Poloz kept interest rates on hold and indicated he’s not worried a better- than-expected growth outlook will ignite inflation. In its rate announcement and accompanying monetary policy report, the Ottawa-based central bank offered an upbeat assessment of an economic expansion that’s running close to capacity, and said borrowing costs will eventually rise. But policy makers reiterated the economy... [read more]

BUSINESS FOR SALE | ORTHOMED CLINIC/SUPPLY

Thursday Mar 01st, 2018

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Description Excellent Business Opportunity! Well Established Health/Supply Clinic Running For The Past 7 Years In Exceptional & Reputable Location. Very Busy Plaza With Several Anchor Tenants. Turn Key High Income Operation W/Perfect Profitable & Lucrative Track Record. Fully Operated Clinic W/Treatment Rooms. Prof. Designed Store & Office. Active Database Of Over 1500+ Clients. Well Known & Heavily Advertised In The Community W/Lots Of Repeat Business.   Great... [read more]

FOR SALE: 88 BELLAGIO CRESCENT | VAUGHAN

Saturday Feb 24th, 2018

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88 BELLAGIO CRESCENT - VAUGHAN Exquisite Fully Upgraded Home Like This Don't Come Up For Sale Very Often In Vaughan. From The Moment You Walk In, You Feel The Love In Details; Enjoy A Book On The Secluded Patio On The Lower/Upper Deck In The Wrap-Around Yard, Entertain Friends In The Bar/Lounge Area Of A W/O Basement, Taste Wine In One-Of-A-Kind Wine Cellar Or Create Delicious Meals In The Gourmet Chef's Kitchen. Everyone In The Family Will Enjoy All The Upgrades That Make This Gem... [read more]

FOR SALE: 221 CHILVER HEIGHTS | MILTON

Monday Jan 22nd, 2018

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Stunning Less Than 1 Year New Mattamy Built "Waterford Model". 2,211 Sq. Feet Open Concept Home Sits On Corner Lot & Is Nestled In Milton's Newest Ford Neighborhood. Thousands Spent In Quality Builder Upgrades Incl. Hardwood Floor Throughout, 9 Feet Smooth Ceilings Main Floor, Hardwood Staircase. Gourmet Eat-In Kitchen With New S/S Appliances. Oversized Island W/Granite Counters, Spacious Breakfast Area. Master W/Walk-In Closet & Upgraded Ensuite. No... [read more]

FOR LEASE: 21 NARDINI LANE | Richmond Hill

Friday Jan 19th, 2018

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Exquisite Brand New 2,032 Sq. Feet Open Concept 3+1 Bedroom / 4 Washroom Home. Conveniently Located At Intersection of Bathurst And Carville at the Border of Thornhill and Richmond Hill. Lease: $2,600 / Month https://fuadhomes.com/21-nardini-lane-n4024138 Minutes From Rutherford Go Station, Shopping Plazas, Transit And Hillcrest Mall. Upgraded Beautiful Kitchen W/Breakfast Area, New High End S/S Appliances. New Front Loading Washer/Dryer. Fabulous Layout With All The... [read more]

Bank of Canada hikes key interest rate to 1.25%

Wednesday Jan 17th, 2018

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3rd time's the charm? Bank of Canada hikes key interest rate to 1.25% 3rd time benchmark lending rate has been raised since last summer The Bank of Canada raised its key lending rate by a quarter percentage point to 1.25 per cent Wednesday, the third time it has moved its benchmark rate from once-record lows last summer. The bank's rate has an impact on rates that Canadians get from retail banks for things like mortgages, savings accounts and GICs. The move means borrowers... [read more]

MARKET PROGNOSIS FOR 2018

Monday Jan 08th, 2018

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  2017 Was a Bumpy Ride for Real Estate In Canada. Would 2018 Be a Smooth Sailing? FOR BUYERS: There are two strong headwinds when it comes to buying activity in 2018: Tighter mortgage lending rules and the threat of higher interest rates. Because of tighter mortgage lending rules, buyers simply can’t afford to buy the same house as they would have in 2017. This could mean shaving anywhere from 5% to 25% off your maximum house-price budget—although consensus shows it... [read more]

FOR SALE | 818 ELVIDGE TRAIL | NEWMARKET

Thursday Dec 07th, 2017

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Magnificent, 1 Year New, Energy Star Rated & Sun Filled Home Located In Convenient Central Newmarket Location. VIRTUAL TOUR AND EXTRA INFORMATION Features 4 Spacious Bedrooms & 3 Upgraded Bathrooms. Steps To Schools, Parks, Upper Canada Mall, Go Station. Hardwood Floors & 9 Feet Smooth Ceilings On Main Floor. Large Living Room With 2-Way Gas Fireplace. Upgraded Oak Staircase With Iron Spindles. Crown Mouldings Throughout. Led Pot Lights. Master Bedroom W/Walk-In Closet,... [read more]

MARKET STATISTICS - NOVEMBER 2017

Thursday Dec 07th, 2017

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On a year-over-year basis, sales were down by 13.3 per cent compared to November 2016. Click To View November Stats A wave of new listings pushed home prices lower in Toronto in November as sellers try to lock in deals before new mortgage stress-testing rules take effect in January. The Toronto Real Estate Board (TREB) said the average home sold for $761,757 in the Greater Toronto Area (GTA) in November, down 2.4 per cent compared with October. The November drop halted a modest price... [read more]

NEW MORTGAGE RULES

Wednesday Oct 18th, 2017

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Canadian Real Estate Buyers To Face OSFI’s Tighter Mortgage Regulations (B-20) The Office of the Superintendent of Financial Institutions known as OSFI (the watchdog for mortgages in Canada) has set new Stress Test for all mortgages, Uninsured and Insured. This rule takes place starting January 1, 2018 on all mortgages. Here is what this means... The Current Mortgage Limits until December 31, 2017 Uninsured Mortgages currently require a down payment of 20% or more, which means... [read more]

FOR SALE | 1230 PEELAR CRESCENT | INNISFIL

Monday Oct 09th, 2017

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For Sale: 1230 Peelar Crescent, Innisfil | $559,000 Main Intersection: Belle Aire Beach Road / 20th Sideroad Quality Built "Mattawa" Model by Lormel Homes. 1,700 Sq. Feet Freehold Townhome in a "Sold Out" Brand New Development "The Trails at Carson's Creek". Minutes to a Future Carson Creek GO Station. Short Distance to Parks and Beaches. 3 Large Bedrooms & 3 Washrooms. 9' Ceilings on Main Floor. Great Layout. Breakfast Area & W/O To Backyard.... [read more]

MARKET STATISTICS - SEPTEMBER 2017

Friday Oct 06th, 2017

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  The average Toronto area re-sale home price rose by about $43,000 or 6 per cent in September compared with August — a sign, say some realtors, that the slumped market is waking up, or at least leveling off. "The increase in price is seasonal, but it's still a positive sign because it tells you the market isn't falling further" (Realosophy) The average September home price of $775,546 was 2.6 per cent higher — about $20,000 more — than the... [read more]

FOR SALE | 352 HEWITT CIRCLE | NEWMARKET

Friday Oct 06th, 2017

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Quality Built "Oakridge Model" By Acorn. Sunny & Exquisitely Detailed 2.500 Sq. Feet Home. Family Friendly Street in Sought After Summerhill Estates. 4 Large Bedrooms and 4 Washrooms. Great Layout. Home is Carpet-Free. 9 Feet Smooth Ceilings On Main Floor. Crown Mouldings. Breakfast Area & W/O To Backyard. Gas Stove.  Family Room with Gas Fireplace. Spacious Master Bedroom with Smooth Ceiling, Walk-In Closet &... [read more]

RENTAL MARKET ISSUES

Thursday Sep 28th, 2017

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Recent Government Regulation Hurting Rental Market The Federation of Rental-Housing Providers of Ontario (FRPO) and Urbanation joint report says that unless rectified, renting could be rendered as unaffordable as owning. It also warns there’s an annual 6,250-unit shortfall, which is exacerbated by the absence of new purpose-built rental buildings, and that most of the new rental stock on the market are impermanent secondary units in condominiums proffered by investors. Jim... [read more]

FOR SALE | 20 RIVIERA DRIVE | VAUGHAN

Thursday Sep 07th, 2017

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Rarely Offered RAVINE Lot with a Beautiful Deck and Walkout Basement In Family Friendly Glen Shields Community. Path from Landscaped Backyard Oasis to a Stunning Secluded Park with Lush Greenery. Excellent Investment Opportunity and Income Generating Property. Separate Entrance to a 1 Bedroom Apartment With Kitchen and Full Bathroom. Enjoy Summer Days in Your Private Treed Backyard Overlooking Ravine.  Lots Of Natural Light. Boasting Family Size Custom Kitchen with Breakfast Area... [read more]

FOR SALE | 3257 RAINDANCE CRESCENT | MISSISSAUGA

Friday Aug 18th, 2017

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Gorgeous All-Brick, Bright & Spacious Semi In High Demand Lisgar - A Wholesome Family Neighbourhood With All The Amenities You Need. 2,000 Sq. Ft Of Living Space. Great Curb Appeal. Open Concept. Living/Dining Room W/Combined Kitchen, Breakfast Bar & W/O To Backyard. Spacious Master Bedroom. 4 Washrooms. Professionally Finished Basement W/Kitchen & 3-Pc Washroom. Large Driveway. No Sidewalk. Landscaping. Backyard Oasis With Fruit Trees And Lots Of Shade. 5-10 Walking Minutes To... [read more]

Canada's GDP Grows for a Sixth Month, Adding to Rate-Hike Pressure

Friday Jun 30th, 2017

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Economy expanding at fastest 12-month pace since oil shock Desjardins joins those expecting Poloz to raise rates in July Canada’s economy grew for a sixth consecutive month with gains in a majority of industries, underlining the central bank’s view a durable recovery from an oil shock is emerging. Gross domestic product grew 0.2 percent in April, Statistics Canada said Friday from Ottawa, matching the median forecast in a Bloomberg survey of... [read more]

FOR SALE | 39 MAHOGANY FOREST DRIVE | VAUGHAN

Thursday Jun 29th, 2017

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Main Intersection is Dufferin / Rutherford 5-Year New, 4 bedroom, Sunny & Exquisitely Detailed Home. Located in Patterson - One Of The Best Neighborhoods Of Vaughan. Wide 34 Feet Lot. 9 Feet Ceilings/Hardwood Floors On Main Floor. Coffered Ceiling. Upgraded Tall Cabinetry Kitchen, All Bosch S/S Appliances, Granite C/T & Gas Stove. Breakfast Area & W/O To Backyard. Family Room W/Fireplace. Spacious Master Bedroom, W/In Closet & 6-Pc En-Suite. Lot Is Professionally Landscaped... [read more]

Don't Wait - Now is a Great Time to Buy Real Estate

Thursday Jun 22nd, 2017

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The market is shifting with the influx of listings across Greater Toronto Area. Buyers have more options due to the increased inventory. Multiple offers are no longer the norm. So far in June, the increase in new listings is more of a swell than the surge that it was in May. It's inevitable, listings arrive on the market because people have to move for all of the usual reasons: new children arrive, jobs shift, couples get married or divorced. The fall market could be similar to that of... [read more]

OPEN HOUSE | 39 MAHOGANY FOREST | JUN 24 &25 2-4PM

Tuesday Jun 20th, 2017

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Please Join Me This Saturday and Sunday, June 24 and 25 Between 2-4pm at the Open House. Main Intersection is Dufferin / Rutherford | For Sale: $1,268.000, Home is Priced at Market Value. 5-Year New, 2.145 sq. feet, Sunny & Exquisitely Detailed Home. One Of The Best Neighborhoods Of Vaughan. Wide 34 x 105 Feet Lot. 9 Feet Ceilings/Hardwood Floors On Main Floor. Coffered Ceiling. Upgraded Tall Cabinetry Kitchen, All Bosch S/S Appliances, Granite C/T & Gas Stove. Breakfast Area... [read more]

FOR SALE | 4-SEASON COTTAGE ON WATERFRONT | MINDEN HILLS

Tuesday Jun 20th, 2017

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1.4 ACRE LOT WITH FULLY RENOVATED & FURNISHED HOME ON THE RIVER Please Visit Website: https://www.1245nicholsroad.ca/ Virtual Tour: http://www.tourmylisting.com/1192 Asking Price of This Gem is $549,000 Solitary location hidden from view and is two hours away from Toronto This hidden gem was designed to harmonize with nature and is featuring mature trees, nature trails and spectacular river views. Gorgeous, luxury year-round home is nestled directly on the Drag River in... [read more]

MARKET STATISTICS - MAY 2017

Thursday Jun 08th, 2017

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  There were 10,196 sales through TREB’s MLS® System in May 2017 – down by 20.3 per cent compared to 12,790 sales reported in May 2016. Sales of detached homes were down by 26.3 per cent. Sales of condominium apartments were down by 6.4 per cent. The supply of listings was up strongly over the same period. Active listings – the number of properties available for sale – at the end of May were up by 42.9 per cent compared to the record low a year earlier.... [read more]

FOR SALE | 45 VANGUARD ROAD | VAUGHAN

Thursday Jun 01st, 2017

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Rarely Offered Sunny Home Located On One Of The Best Streets In Desired Dufferin Hill. Wide 42 ft Lot. Beautiful Landscaping + Interlock Front/Back Yard. Hardwood Floors All Around. Professionally Finished Large Basement. Open Kitchen To Family Room With Custom Made New Gas Fireplace. 4 Car Parking. No Sidewalk. Short Walk to Great P. & S. Lewis Schools, Transit and Parks. To request a Private Viewing: Please call: 647-801-3401 [read more]

Clinic For Sale | Orthomed | 7200 Airport Road

Friday May 19th, 2017

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Over 6 Years Well Established Health/Supply Clinic In An Exceptional & Reputable Location. Very Busy Plaza With Several Anchor Tenants. Turn Key High Income Operation W/Perfect Profitable & Lucrative Track Record. Fully Operated Clinic W/Treatment Rooms. Prof. Designed Store & Office. Active Database Of Over 1500+ Clients. Well Known & Heavily Advertised In The Community W/Lots Of Repeat Business. Asking Price Is Very Well Supported By Financials. Excellent Lease Terms W/Low... [read more]

1591 GOWLING TERRACE, MILTON

Tuesday May 09th, 2017

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ENJOY THE ELEGANCE OF THIS MAGNIFICENT MATTAMY BUILT HOME — RIGHT FROM THE FRONT PORCH Stunning Mattamy Built Home In The Prestigious Clarke Community Located On A Family Friendly Street. One Of The Largest Pie-Shaped Lots In Subdivision. 3 Car Parking. Huge Backyard with Large Shed and Room for a Pool. Sunny, Bright & Professionally Painted With Designer Selected Colours. Large Kitchen with Breakfast Area and Walkout to 2 Decks. Enjoy Privacy of the Deck with a Hot... [read more]

RAVINE LOT - 79 BRASS DRIVE, RICHMOND HILL

Tuesday May 09th, 2017

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POSH LIVING WITHIN THE JEFFERSON NEIGHBORHOOD OF RICHMOND HILL - GO ON, LIVE YOUR DREAM   For Sale: $ 1,688.800 Designed with Distinction, Stunning, Executive 4 Bedroom Rarely Offered "Rosehaven" Built Home. This Opulent Property is The Pinnacle of Upscale Living. Residing on a Premium 45 feet Lot Backing onto Ravine. A Welcoming Neighborhood and Quiet Family Friendly Street. Well Laid-Out Space. It Boasts A Large Eat-In Kitchen With Quartz Counters... [read more]

FOR LEASE | 34 FESTIVAL COURT | SHARON

Monday Apr 24th, 2017

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For Lease: $1.850 / month This Brand New Approx. 2.000 Sq. Feet Bright And Sun Filled Home Located In Sharon, Town of East Gwillimbury. Minutes from East Gwillimbury Go Station, Transit, Major Highways, Newmarket and Upper Canada Mall. Features 3 Spacious Bedrooms With 3 Bathrooms. Hardwood Floors. 9 Feet Ceiling On Main Floor. Upgraded Oak Staircase With Iron Spindles. Master Bedroom With Large Walk-In Closet & 5pc. Ensuite. Large Living Room and Family Room with Gas... [read more]

FOR SALE | 20 RIVIERA DRIVE | VAUGHAN

Monday Apr 24th, 2017

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Rarely Offered RAVINE Lot with a Beautiful Deck and Walkout Basement In Family Friendly Glen Shields Community. Excellent Investment Opportunity and Income Generating Property. Asking Price: $899,000 Separate Entrance to a 2 Bedroom Finished Basement With Kitchen and Full Washroom. Enjoy Summer Days in Your Private Treed Backyard Overlooking Ravine. Lots Of Natural Light. Boasting Family Size Custom Kitchen with Breakfast Area and S/S Appliances. Minutes to Transit, Schools,... [read more]

FOR SALE | 2637 CONSTABLE ROAD | CLARKSON

Monday Apr 24th, 2017

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Gorgeous, Move-In Ready 4 Level Backsplit Semi on a Huge 43.08 x 129.55 Deep Lot In Desirable Clarkson Location! Excellent Investment Opportunity and Income Generating Property. Separate Entrance to a Beautifully Finished 4 Bedrooms Basement With Large Kitchen and Full Washroom. Features Large Stone Deck Leading To Your Private Oversized Treed Backyard Excellent for Summer Retreat. Lots Of Natural Light. Boasting Brand New Custom Kitchen With Stainless Steel Appliances & Gas Stove.... [read more]

MARKET STATISTICS - MARCH 2017

Tuesday Apr 11th, 2017

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GTA market conditions continued to tighten in March. The average selling price was up by 33.2 per cent. There were 12,077 residential sales through TREB's MLS® System in March 2017. This result represented a 17.7 per cent increase compared to the 10,260 sales reported in March 2016. For the TREB market area as a whole, annual sales growth was strongest for condominium apartments and detached houses. The number of new listings also increased on a year-over-year basis, at 17,051... [read more]

NEW CONDO PROJECT | M CITY CONDOS | DOWNTOWN MISSISSAUGA

Monday Mar 20th, 2017

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Brand New Community in Downtown Mississauga Reserve your unit today before project is released to general public. Price-list and floor plans to follow. Call: 647.801.3401 or register through  https://www.m-citycondovip.ca Great Investment Opportunity | Exclusive Access | Investor Incentives | Register Now | Platinum Insider Access At 60 Storeys, M City’s Maiden Tower Will Be Mississauga’s Tallest Yet. Next to Square One & Celebration Square Minutes to 403 and... [read more]

MARKET STATISTICS - FEBRUARY 2017

Friday Mar 03rd, 2017

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  Curious what your home is worth today? You should be. In some areas of Toronto home prices jumped $100,000 just in a month of February. Now it's a great time to cash in and downsize living mortgage-free. Call me to discuss options. The average price of homes sold in the Greater Toronto Area last month soared 27.7 per cent compared with a year ago, the city's real estate board said Friday. The number of properties sold rose 5.7 per cent from February 2016, even though... [read more]

LAND TRANSFER TAX INCREASE - CITY OF TORONTO

Friday Feb 17th, 2017

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  City of Toronto Council has approved changes to the Toronto Land Transfer Tax that mean additional Toronto Land Transfer Tax costs for some home buyers with a closing date on or after March 1, 2017, when it will be harmonized with the provincial LTT. The following changes to the Toronto Land Transfer Tax were considered and approved by Toronto City Council on February 15, 2017. The changes are effective AS OF MARCH 1, 2017, for real estate transactions closing on or after this... [read more]

MARKET STATISTICS - JANUARY 2017

Friday Feb 03rd, 2017

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Use Your Equity to Make Money. Call me to chat about long term vs. short term Real Estate Investments and options. Annual rates of sales growth were higher for condominium apartments than for low-rise home types. January 2017 picked up where 2016 left off: sales were up on a year-over-year basis while the number of new listings was down by double-digit annual rates for most major home types. "Home ownership continues to be a great investment and remains very important to the... [read more]

MARKET STATISTICS - DECEMBER 2016

Tuesday Jan 24th, 2017

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Average price of a single detached home in December across GTA went up almost 21% compared with 2015 and it doesn't look price growth will slow down anytime soon due to a shortage of properties on the market. Condo market showed strongest sales rates followed by detached homes market.  Full Reports: www.fuadhomes.com/real-estate-news Price growth accelerated throughout 2016 as the supply of listings remained very constrained. Active listings at the end of December were at their... [read more]

Americans looking for Canadian real estate after Trump victory?

Tuesday Jan 24th, 2017

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There is a lot of hysteria once again in the media these days over this "sensitive" subject. It's quite interesting to see this while the government complains about foreign buyers and their involvement in home prices increase. I would like to see data comparison of Canadians moving to US (let's concentrate on Florida alone at this point) vs Americans "fleeing" to Canada.  Nevertheless, on this note I would like to say to those south of border, who will... [read more]

MARKET STATISTICS - NOVEMBER 2016

Wednesday Jan 04th, 2017

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There was a 16.5 per cent increase in sales compared to November 2015. For the TREB market area as a whole, sales were up on a year-over-year basis for all major home types. The strongest annual rates of sales growth were experienced for the townhouse and condominium apartment segments. "Home buying activity remained strong across all market segments in November. However, many would-be home buyers continued to be frustrated by the lack of listings, as annual sales growth once again... [read more]

SURPRISE, SURPRISE: RATES HIKE

Saturday Dec 03rd, 2016

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Less than a month later, after Liberal government has issued new mortgage rules, TD canada Trust hikes prime rate to 2.85%. One would think if stress test is at 4.85% why wouldn't banks use it to their advantage? So who is screwing consumers at this point, government, banks or both? New rules: http://www.fin.gc.ca/n16/data/16-117_2-eng.asp James Laird, a co-founder of rate-comparing website RateHub and president of mortgage brokerage Canwise Financial, says he... [read more]

SELL YOUR HOME DURING HOLIDAYS

Saturday Dec 03rd, 2016

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The holiday season is upon us and many consider it a bad time to list. In fact it may be a great time to put a home on the market! Here are 7 reasons you should list before the New Year: 1) People who look for a home during the holidays are more serious buyers. 2) There are fewer houses to choose from during the holidays, allowing you to possibly sell for more money and delay closing until early next year. 3) Houses show better when decorated for the holidays because buyers are... [read more]

MARKET STATISTICS - OCTOBER 2016

Saturday Dec 03rd, 2016

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MARKET STATISTICS - OCTOBER 2016  Seller's Market Conditions Continues to Prevail  There was a record 9,768 sales through TREB's MLS® System in October 2016 – up by 11.5 % compared to October 2015. For the TREB market area as a whole, the largest annual rate of sales growth was in the condominium apartment market segment. Detached home sales were up by 10 per cent year-over-year, driven predominantly by transactions in the regions surrounding Toronto. The... [read more]

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