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Real Estate Market News

What role do land developers and home builders play in housing prices?

Wednesday Apr 17th, 2019

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(BuildingAnswers.ca) - Developers and home builders build in a highly regulated market. Housing in Ontario is regulated both on the supply side (what, where and how you build new homes) and on the demand side (mortgage rules, stress test, foreign buyer tax). Working with governments, our industry can influence housing prices in a variety of ways: How land is used (density, home sizes) Building design How the homes are built (size, materials used) The total number of houses... [read more]

Follow These Steps to Winterize Your Home For a Cold Snowy Winter Ahead of Us!

Friday Oct 05th, 2018

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As soon as the temperature starts to drop, it is time to prepare your home for the Canadian winter. Here’s a beginners guide to winter-proofing your home so you can enjoy the holidays to its fullest. Caulk the Cracks  Whether you live in a condo, townhouse or single detached home, check for cracks and fill them before the temperature drops. Patching up small cracks with caulk or reaching out to a contractor for larger jobs will prevent cold air and moisture from seeping... [read more]

Home sales across GTA climbed 18.6 per cent in July: TREB

Friday Aug 03rd, 2018

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  TORONTO -- Home sales in the Greater Toronto Area climbed significantly in July in a divergence from the latest numbers in Vancouver. Residential home sales were up 18.6 per cent in the GTA for the month compared with last July, the Toronto Real Estate Board said Friday. The average selling price of the 6,961 homes that changed hands during the month rose 4.8 per cent on an annual basis to $782,129.   July's climb follows a 2.4 per cent increase in June... [read more]

Spring Cleaning Tips For Your Home! Cleansing Your Home After Winter!

Wednesday Jun 13th, 2018

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Giving your home a spring cleaning is a great way to rid yourself of the mustiness and dustiness of winter. The good news is that you don’t have to arm yourself with a wide array of expensive, chemical-based, store-bought cleaning supplies to get the job done. Instead, try these eco-friendly, all-natural cleansers – they’re powerful and versatile. In many instances, you can use them on their own, mixed together, or with other products. You can find all sorts of recipes... [read more]

What you need to know about the new mortgage rules in Canada effective Jan 1 2018

Wednesday Jun 13th, 2018

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What you need to know about the new mortgage rules in Canada Whether you’re a buying a home or refinancing, here are the basics of what you need to know about the new mortgage rules: New rules take effect January 1, 2018: Check with your TD Mobile Mortgage Specialist on how this can affect your mortgage loan if you’ve applied before January 1, 2018. Home buyers with a down payment of 20% or more will now be subject to stricter qualifying criteria (also known as... [read more]

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