The Ontario Housing Market and Blind-Bidding: What You Should Know

Monday Oct 4th, 2021

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THE ONTARIO HOUSING MARKET AND BLIND-BIDDING: WHAT YOU SHOULD KNOW   SEPTEMBER 24TH, 2021    Now that Prime Minister Justin Trudeau and the Liberals have secured a minority government after the 44th general election, will the Grits move ahead with their plan to ban blind bidding?  With the state of the House of Commons essentially unchanged from before the election, the public policy pursuit might prove to be a challenging feat for the... [read more]

FALL REAL ESTATE SELLING MYTHS

Tuesday Sep 28th, 2021

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FALL REAL ESTATE SELLING MYTHS

  FALL REAL ESTATE SELLING MYTHS   September 17th, 2021    Autumn is the golden season – the sun, the foliage, and a great time to sell your home.  There are also some fall real estate market myths floating among the leaves.  If you’re thinking about listing your home for sale, we dispel some common fall real estate myths and offer useful tips to help turn that “For Sale” sign to “Sold.”   Curb Appeal... [read more]

Buyers Forgoing Home Inspections

Monday Jul 5th, 2021

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INSPECTIONS

  BUYERS FORGOING HOME INSPECTIONS - IN COMPETITIVE ONTARIO HOUSING MARKET   June 29th, 2021 THE BEST WAY TO DESCRIBE THE ONTARIO HOUSING MARKET TODAY. Sizzling, on fire, red-hot.      From its major urban centres to the rural communities, every corner of the province is witnessing record sales activity and exorbitant price growth. For years, only the Greater Toronto and Hamilton Area (GTHA) and Ottawa enjoyed a red-hot real estate... [read more]

Demystifying Canada’s First Time Home Buyer Incentive (2021)

Sunday Jul 11th, 2021

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FIRST TIME HOME BUYERS

DEMYSTIFYING CANADA’S FIRST TIME HOME BUYER INCENTIVE (2021)   May 3rd, 2021    The First Time Home Buyer Incentive (FTHBI) is a shared-equity mortgage aimed at middle-class first-time home buyers, designed to lower their monthly mortgage payments without increasing the amount they need to save for a down payment.   CANADA’S FIRST TIME HOME BUYER INCENTIVE   How does the First Time Home Buyer Incentive... [read more]

Bank of Canada Makes Interest Rate Announcement

Thursday Jul 15th, 2021

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BANK OF CANADA'S OVERNIGHT RATE

  BANK OF CANADA MAKES INTEREST RATE ANNOUNCEMENT   July 14th, 2021 ​ BANK OF CANADA’S OVERNIGHT RATE   On July 14, the Bank of Canada maintained its target for the overnight benchmark rate at 0.25%      The Bank of Canada announced that it will continue to hold its key interest rate target at 0.25%, unchanged since March 2020 when a trio of rate cuts were implemented to boost the economy in light of the... [read more]

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