Finding an affordable home in Canada is now very difficult. The demand for housing is high, but affordable options are scarce. This situation creates tough competition among buyers, sellers, and investors. In response, the Canadian government has launched new reforms and programs to tackle these issues. They aim to make housing more affordable and...
As housing costs rise in Canada, many families are asking: How long can we afford this? Data shows a troubling trend. Over half of Canadians can't handle a 15% cost increase for more than six months. This could force them to move or sell their homes. With higher property taxes, mortgage renewals, and inflation, being financially ready is crucial.
Most people think of spring and summer for selling homes. However, savvy sellers know winter 2024 might be better. Homeowners and investors alike can benefit. Here are 11 reasons why winter could bring hot offers.
1. Less Competition, More Attention
Fewer homes are on the market in winter. The Toronto Regional Real Estate Board (TRREB) says listings...
The duration that homes remain on the market is impacted by distinct developments in Toronto's real estate market by property type as fall 2024 approaches. Understanding these trends can help you make strategic decisions, whether you're looking to buy or sell. Knowing the market pace helps buyers avoid missing out on possibilities, and it lets sell...
A recent tax court ruling could have a big effect on your bottom line if you rent out your house on Airbnb or other short-term rental websites. According to this recent ruling, some Canadian short-term rental properties may be subject to a hefty 13% HST tax on the full transaction price, which many owners may not have anticipated. This is what tran...
Are you considering selling your house but are concerned about compromising on price in favour of speed? For house sellers trying to find the ideal balance, it's a common worry. The good news is that you can obtain top pay and sell quickly if you use the appropriate tactics. Here's how to accomplish it.