It is more difficult for potential borrowers to get qualified for loans subject to the stress test, as shown by declining ratios of mortgage loan approvals to applications in the first half of 2022. This is just one finding in…
A home speculation tax is one step closer to becoming a reality in Toronto. City council has agreed to ask the provincial government to introduce the tax in an effort to rein in soaring property prices driven by land speculators…
A new report financially backed by the Canada Mortgage and Housing Corp. suggests a progressive surtax on homes valued at more than $1 million could help rein in skyrocketing property prices. The proposal would establish an annual surtax starting at…
With real estate prices continuing to climb, housing is a hot topic in the Toronto-area. It’s also a key ballot box issue, trumping the COVID-19 pandemic as voters’ greatest concern, according to a recent Nanos Research poll. Given this, it’s…
With Toronto’s housing market continuing its upward trajectory, it can be difficult to determine which neighbourhoods offer homebuyers a good return on their investment. Thankfully, a new report helps take the guesswork out of the process, providing hard numbers from…
People looking to break into the housing market may face an uphill battle come July 1. The country’s largest insurer of residential mortgages is tightening its lending rules for “riskier” borrowers, defined as those with less than 20% down payment.…
It’s almost time to cast your ballot in Canada’s federal election, Oct. 21, if you haven’t done so already through advance polling. Affordable housing has become a hot-button issue, particularly among Torontonians who feel locked out of the real estate…
The federal government has announced its First-Time Home Buyer Incentive will launch on Labour Day. Under the program, the government will help some first-time buyers by advancing an interest-free loan of up to 5% of the purchase price of an…
Clare Tattersall
Sales Representative
Direct: 647.625.3282
Office: 416.762.8255
Email: clare@realtorontowest.com
Royal LePage Real Estate Services Ltd., Brokerage
2320 Bloor St. W., Toronto, ON M6S 1P2
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