Home Sales in Toronto Down and Prices Up, to Close Out 2012

home sales in toronto

The following article was written by RateHub.ca. Home sales in Toronto continued their downward spiral, to close out 2012. The Toronto Real Estate Board recently reported that November 2012 home sales fell by 16 per cent versus where they were a year ago. While sales may be down, that isn’t the case with home prices […]

One Out of Ten Canadians No Longer Qualifies for a Mortgage

Mortgage market image

Each year, the Canadian Accredited Association of Mortgage Professionals (CAAMP) releases a report on the state of the Canadian mortgage market. A startling number from the CAAMP report reveals that nearly one out of ten Canadians no longer qualify for a mortgage due to the new mortgage rules employed earlier this year. Buyers with less […]

Lessons Learned From 3 Years as a Home Owner

balcony view toronto, condo, real estate, home owner

Three years ago this past September I bought my first home, and in the process made the biggest financial decision of my life. I can honestly attest that my home purchased has been the best decision of my life, and something that I’ve embraced whole hardheartedly. As a home owner over the past four years […]

First-time Home Buyers Flock to Social Media for Advice

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Young Canadians ready to dip their toes into the housing market for the first time may show signs of hesitation. However, the lack of experience diving into ‘mortgage waters’ forces young buyers to get resourceful. In an effort to familiarize themselves with the ins and outs of the mortgage industry, many flock to social media […]

The State of the Property Market in 2012

While the economy may be suffering in some areas, it is a buyer’s market when it comes to real estate. Property values are fair and it is the perfect time for consumers to purchase their dream home at a comparatively affordable price. Mortgage rates continue to be at an all time low, giving the consumers […]