Boost for home buyers as mortgage stress test changes There was good news for home buyers yesterday as the Federal government announced changes to the insured mortgage stress test that will make it easier…
Canada’s new Federal First-Time Home Buyer Incentive The Federal government last week announced details of its planned First-Time Home Buyer Incentive, which is aimed at helping first-time buyers get a foot on…
Prime Minister announces new National Housing Strategy TORONTO, ON – Prime Minister Justin Trudeau announced the federal government’s new National Housing Strategy Wednesday, promising an investment of $40 billion over the next…
Your First Home Purchase: A Guide to Federal Tools and Credits GREATER TORONTO – If you are considering buying your first home in 2017, you are not alone. Far from it, in fact – an October…
Statistics Canada reports increase in Ontario’s private dwellings OTTAWA – As many Greater Toronto real estate watchers know, activity levels in the local market are largely influenced by two key Ontario trends: the…
CMHC Moves to Increase Mortgage Insurance Premiums GREATER TORONTO – Aspiring homeowners looking to pay less than 20 per cent down may want to consider finishing their purchase before March 17, when…
Hot Real Estate Market Driving Renovation Boom: CMHC OTTAWA – With Greater Toronto’s resale real estate market recording higher-than-ever average prices, Ontario’s home renovation market has continued to expand at an impressive pace…
Finance Canada Unveils New Measures to Protect Home Buyers OTTAWA – Just eight months after announcing a higher minimum down payment for properties with an asking price of more than $500,000, Finance Minister Bill…
Ontario, BC Helped Fuel January Home Price Surge: CREA TORONTO – An unusually hot January for GTA real estate sales played a major role in what the Canadian Real Estate Association (CREA) has revealed…
Market Update: CMHC Ups Required Down Payment for High-Worth Homes TORONTO – Thanks to a new mortgage insurance change introduced by the Canada Mortgage and Housing Corporation (CMHC), Canadians looking to buy a high-value property…
