Home sales in the Toronto region will start to climb again in 2019 after two years of declining, but Ottawa should nonetheless rethink a tough new mortgage rule that is a drag on the market, the Toronto Real Estate Board said.
Dhaval Desai's blog
Housing Market Charts Dec 2018 !!
The number of homes sold in Toronto and the surrounding area fell in 2018, along with the number of new listings hitting the market, as homebuyers and sellers grappled with a new reality of higher interest rates and stricter mortgage rules. The Toronto Real Estate Board says there were 77,426 residential transactions recorded through its Multiple Listing Service (MLS) system last year, down 16.1 per cent from 92,263 sales in 2017.
Condominium Buyer's Guide & Basics for First Time Buyers
So You’re Thinking About Buying a Condominium?
Some money-saving updates.. Could save you some loot if you’re renewing a mortgage !!
Here’s what changed.
Homeowners shouldn't have to carry the "UFFI stigma" !!!
Who could imagine that mere foam insulation in houses could cost whopping a $13 million?
Legal Implications when you BACK OUT of a Real Estate Deal
In a recent landmark case, a GTA couple was fined $470,000.00 in damages for backing out of a real estate deal to purchase a Stouffville house. This decision outlines the harshness of legal consequences when parties renege on a real estate deal.
New Rent Control Rules - Bill 124, the Rental Fairness Act, 2017.
With the introduction of the Ontario's Fair Housing Plan back in April 2017, several measures included in the 16-point plan focused on the rental housing market, becoming Bill 124, the Rental Fairness Act, 2017.
Which mortgage term will save you money over the next five years?
A significant “negative shock” to the economy: That’s what it’s going to take to lower interest rates again, says Canada’s most powerful banker.
How a simple credit error can ruin your home-owning dream..!!!
Imagine the anxiety of watching your credit score unexpectedly plummet after spending your entire adult life maintaining good credit.
Now suppose this credit decline blocks you from getting a mortgage on the house you planned to buy.


