Similar to the economical and housing crisis worldwide as an after effect of the COVID 19 pandemic, Canada’s housing market crashed leaving millions with an unfulfilled wish to own a home. With an aim to address the housing upheaval, Prime Minister Trudeau introduced the fairly new and untested housing model- the Rent to Own Program/Agreement.…
The real estate sector is frequently viewed as a posh marketplace. It is portrayed as glitzy and showcases the billions of dollars in commissions the agents earn. This profession allows for great flexibility and liberty while offering the opportunity to make some serious cash. Canadian real estate brokers also encounter some difficulties; like any job,…
Buy a house or a townhouse? We sure know how confusing it may get for you especially in an age of innumerable options for everything including the purchase of your dream home. We have gathered some key differences between Townhouses and houses for you to make an informed decision when it comes to investing in…
One of the most crucial concerns you’ll need to address while looking for a new house is how much money you have available for a down payment. Depending on the style of home you’re buying, the size of the mortgage you take out, and other circumstances, the down payment amount in Canada might vary significantly.…
There are different spectrums of buying a home in Canada. Depending on your allocation and necessities, you can get a house, portion, and condos; certain provinces in Canada give you the option to buy a leasehold property. While purchasing a home on a freehold basis is easy, buying one on a leasehold tenure can be…
Are you worried sick about building your new House in Ontario? We understand how intimidating it must be to come up with an estimate and cost break down before beginning the construction process of your dream home. So, let’s walk you through the basic framework and costs for building a home in Ontario. In Ontario,…
Housing affordability and supply issues may affect Canadian homebuyers and sellers directly, but they may also have indirect effects on the real estate market and the overall economy. The contribution of the contribution of the Real Estate, Rental, and Leasing (RERL) industry to Canada’s Gross Domestic Product (GDP) has increased significantly over the past twenty…
Rent increases can be a contentious issue for both landlords and tenants in Ontario. As a tenant, sudden and unreasonable rent hikes can cause financial strain and uncertainty. At the same time, as a landlord, failing to earn a fair return on investment can jeopardize the viability of a rental property. Fortunately, Ontario’s rent increase…
Canadian Real estate has shown a downward trough in home sales and average prices across the country after the drastic peak seen in pandemic years 2020, 2021 and the nation wide strengthening of monetary policy since March 2022.Ontario, being one of the most economically vulnerable provinces of the real estate market, has experienced some of…
Vaughan Condo Statistics In Vaughan, the average housing price was around $1.29M in July 2022. That’s less than 0.9% or approximately $12,111 from June 2022 but high up to 2.9% if we have a look at prices in July 2021, this price was $36,756. Condos are one of the most affordable and versatile construction…
