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There is more at risk in Canada's housing downturn than just prices Source: Murtaza Haider and Stephen Moranis, Special to Financial Post The challenge for the Bank of Canada is to determine when to ease off before the economy, not just housing markets, starts to shrink If ultra-low interest rates were responsible for putting the housing market on steroids, as one prominent economist said in 2020, some might think the steep interest-rate hikes of late will put a chill on the... [read more]

Robert McLister: You’re unlikely to qualify for ultralow mortgage rates Source: Robert McLister, The Globe And Mail Look online and you will see that mortgage rates are only 3.44% for a five year variable and 4.19% for a five year fixed. Sounds like a steal, right? Especially in a world where the best deals that our megabanks advertise are between 4.35% and 5.17%. There is only one problem. At least five out of six borrowers will never receive an interest rate even... [read more]

Posthaste: Bank of Canada could put rate hikes on pause after September   Source: Stephanie Hughes, Financial Post Could the upcoming Bank of Canada interest rate decision in September be the last bump up in the central bank’s current rate hiking cycle? At least one analyst at the Canadian Imperial Bank of Commerce seems to think so. CIBC’s managing director and head of fixed income, Ian Pollick, said in an Aug. 22 note his team suspects a “narrative... [read more]

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What TD’s chief economist foresees for housing prices, interest rates and inflation   By: Jennifer Dowty, The Globe and Mail The S&P/TSX Composite Index has staged a strong comeback off of its 2022 closing low of 18,329 set on July 14. More than one month later, the index has rallied approximately 9 per cent – and it has been a broad-based rally. This positive momentum has been supported by signs of slowing inflation and decelerating economic growth,... [read more]

Fixed-rate mortgage? Here’s how much more you may have to pay when you renew — and what to do if you can’t afford it By Jenna Moon Business Reporter Toronto homeowner Barbara Edwards has been wondering when she’d see an interest rate hike. Alongside her partner, Edwards purchased her home in 2019 amid a dip in mortgage rates. Since average rates had historically been much higher, and rates were at a record low, Edwards said she has long expected that... [read more]

Will your variable-rate mortgage payment go up? This calculator can estimate your ‘trigger rate’ By: Erica Alini Homeowners with variable-rate mortgages could face an increase in their monthly payments as the Bank of Canada’s interest rate hikes push them closer to their ‘trigger rate’ Homeowners with variable-rate mortgages could face a hike in their expected monthly payments after the Bank of Canada’s outsized interest rate hike last... [read more]

Mortgage rates are rising, but here’s why you won’t see a rash of Canadians losing their homes  Source: Toronto Star Canadians will run up their credit cards, fall behind on their utilities and juggle car payments. The one thing they don’t do in significant numbers is fall behind on their mortgage payments. GTA residents rattled by rate hikes and inflation can take some comfort in mortgage delinquency numbers that show that losing a home to the bank is a rare... [read more]

Monthly payments on variable-rate mortgages could increase as borrowers near their “trigger rate” by: Rachelle Younglai An obscure function of variable-rate mortgages could push up the month-to-month funds for a rising variety of debtors because the Financial institution of Canada aggressively hikes rates of interest. It is known as the “set off fee” – the rate of interest degree that, when surpassed, causes a mortgage holder’s... [read more]

Bank of Canada hikes key interest rate 50 basis points for 2nd time in a row By: Craig Lord & Aaron D'Andrea  Global News   The Bank of Canada raised its benchmark interest rate to 1.5 per cent on Wednesday, marking a second straight increase of half a percentage point. The 50-point move was widely expected by economists who predicted the central bank would raise rates for the third time this year in an effort to tamp down on high inflation... [read more]

  On April 7, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland tabled “A Plan to Grow Our Economy and Make Life More Affordable”, the first budget of the 44th parliamentary session. As anticipated, this budget is heavily focused on addressing the housing crisis in Canada and acknowledges the importance of housing to both individual Canadians and the Canadian economy. In her address to Parliament, the Deputy Prime Minister... [read more]

THE GIVING IT BACK AND PAYING IT FORWARD REAL ESTATE NEWSLETTER | MAY 2022                                                       XENA WARHOL 416-829-0340 https://artinrealestate.ca/   Just about every May I sit down to write Homeward Bound; I write about... [read more]

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THE GIVING IT BACK AND PAYING IT FORWARD REAL ESTATE NEWSLETTER | APRIL 2022                                                         XENA WARHOL 416-829-0340 https://artinrealestate.ca/           Selling Your Home and... [read more]

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A realist’s guide to winners and losers in the wave of interest rate hikes that just began By: Rob Carrick The new normal is rising interest rates. The first step up for rates from the emergency low of the pandemic has been taken by the Bank of Canada and more increases are ahead. Here’s a realist’s take on who’s better and worse off as we adjust to the move away from what could be the lowest borrowing costs we’ll see in our lives. Better:... [read more]

Here’s the income you need to afford rent in major Canadian cities By: Erica Alini, Globe and Mail In Burnaby, B.C., Adrian Powell says the main allure of renting for his family lies in how much cheaper it is compared with buying. “Each year we keep doing the math and each year it keeps looking like renting is the way to go,” the 47-year-old software developer says. Mr. Powell is currently renting a two-bedroom ground-level unit with his wife and... [read more]

Doug Ford's housing task force calls for more density, less public consultation Task force makes 55 recommendations aimed at reining in home prices By: Mike Crawley, CBC News  Ontario should aim to build 1.5 million new homes in the next decade by increasing density in urban and suburban areas and by drastically overhauling how cities approve housing projects, says a new report commissioned by Premier Doug Ford's government. The Housing Affordability Task Force... [read more]

This is how much house prices have increased in countries around the world   The majority of countries in the IMF's Global House Price Index saw a rise in house prices over the pandemic. Low interest rates and high demand are just a couple of reasons why house prices have risen. This increase in house prices has made housing unaffordable for many segments in Europe. While most economic indicators deteriorated last year, house prices largely shrugged off... [read more]

THE GIVING IT BACK AND PAYING IT FORWARD REAL ESTATE NEWSLETTER | FEBRUARY 2022                                                       XENA WARHOL 416-829-0340 https://artinrealestate.ca/         Selling Your Home and Getting Top... [read more]

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How to make your dream of owning a home a reality in 2022 It may be possible if you're willing to be creative, experts say By: Amy Legate-Wolfe, Special to Financial Post It’s never been harder to buy a home and that’s especially true for millennials. This generation was born in a recession, tried to enter the job market during a financial crisis, and is now trying to settle down and own a home during an economic crisis and pandemic. Don’t fool... [read more]

THE GIVING IT BACK AND PAYING IT FORWARD REAL ESTATE NEWSLETTER | JANUARY 2022                                                       XENA WARHOL 416-829-0340 https://artinrealestate.ca/           Selling Your Home and Getting... [read more]

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Toronto condo prices are set to heat up even more then detached homes in 2022   By: Becky Robertson   If there's one industry in Toronto that Omicron definitely isn't going to hamper, it's our real estate market, which is slated to hit shocking new highs next year not only in the face of, but partially thanks to the new variant of concern. According to a new 2022 forecast for the city's housing market from the experts at Royal LePage, one of the... [read more]

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THE GIVING IT BACK AND PAYING IT FORWARD REAL ESTATE NEWSLETTER | DECEMBER 2021                                                           XENA WARHOL 416-829-0340 https://artinrealestate.ca/         Selling Your Home and... [read more]

Seven stats to amaze and depress all who own a house or hope to own Housing is hot – again. Across the country, in cities big and small, prices are surging after a summer lull. Here are some numbers that document what’s happening By: Rob Carrick   Hamilton, a steel industry town just to the west of Toronto, is on the verge of joining the club of cities with average resale home prices of $1-million or more.   Toronto and Vancouver could soon have... [read more]

Canada has four of the 10 most affordable and four of the least affordable cities in North America House prices here are 35 per cent higher than median-income households' borrowing ability, Oxford Economics survey finds By: Daniel Thomas Vancouver has been a presence on various lists of least-affordable housing for years, and now tops a survey released this month by Oxford Economics considering North America’s most expensive cities. The group’s Housing... [read more]

Nations must be 'absolutely vigilant' about inflation, says IMF   By: Daniel Thomas Business reporter, New York Risks increase The global economy contracted sharply in 2020, but rebounded strongly in the first half of this year as countries unlocked. However, in its latest World Economic Outlook, the IMF said "momentum had weakened" since then as the highly transmissible Delta variant of coronavirus stopped "a full return" to... [read more]

The Latest in Kitchen Fire Prevention: What You Need to Know More fires start in the kitchen than in any other room. These fires can be expensive; since even a minor incident, with no injuries, can result in significant damage. That’s why it’s important to keep up with the latest in fire prevention. The most recent research tells us: Never leave cooking food unattended. Doing so is the number one cause of kitchen fires. Make sure cooking appliances, especially deep... [read more]

Beyond Boxes: Packing Materials You May Need for your Move As you probably know, when you’re preparing to move, you’ll need boxes and tape — and, perhaps some bubble-wrap or old newspapers to use as protective wrapping for delicate items. But that may not be all you need. Take a look at this list and see if you want to have any of these on hand while you’re packing or on your moving day: Colour markers for labelling boxes. (Tip: Colour coding boxes by... [read more]

Ontario Place is getting is getting new water slides and botanical gardens during its big revival The dilapidated remains of what was once one of the best attractions in the province are facing a new life in the form of a completely revitalized Ontario Place, complete with a huge new indoor-outdoor performance venue, an all-season adventure park, and a "wellbeing resort" that will have pools, waterslides, tropical botanical gardens, and more. German-born, Austrian-based... [read more]

CMHC eases mortgage insurance rules, admits tightening was a mistake The Canada Mortgage and Housing Corp. is lowering the required credit score and loosening other measurements that ensure homeowners have enough income to pay their mortgages. CHRISTOPHER KATSAROV/THE GLOBE AND MAIL     Canada Mortgage and Housing Corp. is making it easier to get federal mortgage insurance, reversing tougher rules that were imposed a year ago. The federal housing agency admitted... [read more]

Developer buying thousands of homes across Canada for $1 billion rental portfolio R.M. Nunes/Shutterstock By: Laura Hanrahan Toronto-based Core Development Group is looking to acquire 4,000 rental properties across Ontario, Quebec, British Columbia and Atlantic Canada over the next four years. Initial plans will target eight Ontario cities: Hamilton, London, Kingston, St. Catharines, Barrie, Peterborough, Cambridge, and Guelph. The $1 billion in acquisitions will include... [read more]

What does $700K buy across Canada? Properties priced at (or around) the national average, from coast to coast Source: globeandmail.com What does $700K buy across Canada? Properties priced at (or around) the national average, from coast to coast According to the Canadian Real Estate Association , the average Canadian home goes for $716,828, but your mileage may vary depending on where you’re buying. Royal LePage Dynamic Real Estate With its black-framed windows and mix of... [read more]

Saving Home Improvements Announced in Feds Budget  By: Logan Caswell New Federal Budget includes interest-free loans worth up to $40,000 to help homeowners and landlords undertake retrofits identified through an authorized EnerGuide energy assessment. The federal government stepped-up its clean-energy initiatives during its spring budget with the announcement of interest-free loans to help Canadians complete energy efficient home improvements. The new funding will... [read more]

Canada was just ranked the best country in the world By Tanya Mok Lead photo by Harry Grout Canada has claimed first prize in the annual 2021 Best Countries Report.  For the first time in the study's six year history, Canada has been deemed the globe's best country overall, usurping incumbent country Switzerland, which has held the title since 2017.  The Best Countries Report is a yearly ranking released by US. News & World Report, BAV Group,... [read more]

The Latest in Mortgage News: OSFI to Re-launch Review of the Uninsured Stress Test By Steve Huebi Canada’s bank regulator has announced it will restart a review of the stress test rate on uninsured mortgages. The Office of the Superintendent of Financial Institutions (OSFI) said it will “resume its policy work on the minimum qualifying rate for uninsured mortgages by issuing a new consultation [Thursday] at noon (ET).” Uninsured mortgages (generally those... [read more]

Canadian Housing Boom Raises Concern, With Homes Selling Far Above Ask Prices - The Wall Street Journal Economists worry that real estate’s outsize role in the economy could be exposed in the next downturn. A "For Sale" sign in front of homes in Vaughan, Ontario, in mid-March. PHOTO: COLE BURSTON/BLOOMBERG NEWS   By Paul Viera   OTTAWA—The U.S. may be experiencing its biggest housing boom in decades, but one country has been outpacing... [read more]

4 Ways to Save When Moving to Your New Home Between renting a truck and paying for an attorney, the costs of moving can add up, and fast. But there are easy ways to save when it comes to making a big move, if you know where to look. Read on for four sure-fire ways to save some cash during your next move: First, declutter. Many moving companies will charge you based on the size and weight of your possessions. To cut down on costs, be sure to do a major purge well before your move.... [read more]

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8 new condo projects hitting the market in the 905   Originally posted by James Bombales With the COVID-19 pandemic changing the way we live and work, some Toronto homebuyers have turned to the suburbs in search of more space and lower prices. For many, this means buying a low-rise property like a single, semi-detached or townhouse. However, others may not be willing to give up the maintenance-free and amenity-rich lifestyles of their urban counterparts. Luckily, developers... [read more]

Younger Canadians moving away from big cities at record levels Originally posted by: Erik Hertzberg, Bloomberg News A record number of Canadians left major urban centers last year amid the pandemic, led by youth and young families. The nation’s three largest cities -- Toronto, Montreal and Vancouver -- saw a sharp jump in the number of citizens moving to suburbs, smaller towns and rural areas, according to Statistics Canada data released Thursday. A total of 87,444... [read more]

 Residential Market Commentary - High demand, higher prices for 2021 Originally posted by: First National Financial LP https://www.firstnational.ca The effects of the coronavirus pandemic have made it more difficult to forecast what is likely to come in the residential real estate market. But two of the country’s big realtors are looking ahead to ongoing increases in demand and ongoing upward price pressure. Both Re/Max and Royal LePage see the demand for larger,... [read more]

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Congratulations to my team, Our listing got featured in @HAVEN Magazine, for outstanding staging design. Congratulations to Sellers Mykola and Julia, owners of this gorgeous beauty! [read more]

Congratulations to my award winning team!!!!  We just received an award for our exceptional real estate results. Thanks to our couches from US Craig Proctor, Todd Walters and Bret Ceren. Thanks to all our clients, it wouldn’t be possible without your help and love.  Thank you special thanks to Lidia Kulish,Rav Sandhu, Persia Atyabi, Marina Ivanova, Tetiana Shcherbai and Francis Rut, you guys are the best!!! We love,we care, we serve!!! [read more]

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My October Newsletter [read more]

  Looking to Sell Your home? Wondering How  to minimize yoiur risks and Hassles?   Check out video below, click on link below, how our Guaranteed Home Selling System can Benefit you! Get top Dollars for your home https://www.youtube.com/watch?v=cX7-1bCDSds [read more]

My September Newsletter   [read more]

Here is all you need to know about real estate market this summer! Links for videos bellow: https://www.youtube.com/watch?v=9qGWX73Tvuo - July update https://www.youtube.com/watch?v=B3ZjgUvQcug - August update [read more]

THE GIVING IT BACK AND PAYING IT FORWARD REAL ESTATE NEWSLETTER | SEPTEMBER 2020                                                       KSENIA WARHOL 416-829-0340  https://artinrealestate.ca/         Selling Your Home and Getting... [read more]

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'Getting worse for buyers': Bidding wars are breaking out in Canada's housing market Zoocasa CEO Lauren Haw speaks about the state of the housing market across the country Advertisement Larysa Harapyn June 26, 2020 10:47 AM EDT Filed under Real Estate   Mortgages Comment Facebook Twitter Reddit Email More RECOMMENDED FOR YOU   Posthaste: Buying a... [read more]

CMHC predicts home price declines in major cities, but retreats from earlier forecast of 18% plunge Prices could decline by as much as 12 per cent over the next 18 months before recovering in 2022 Are new CMHC rules curbing first-time buyers' enthusiasm?12:56 Vanmala Subramaniam June 23, 2020 3:16 PM EDT Last Updated June 24, 2020 11:17 AM EDT Filed under Real... [read more]

Mortgage rule changes: CMHC tightens requirements for homebuyers Jessy Bains Yahoo Finance CanadaJune 4, 2020       (Reuters) More Qualifying for a mortgage is about to get harder for anyone who doesn’t have at least a 20 per cent down payment for a home, which is likely to have an outsized effect on... [read more]

Hi, Please watch a video Real Estate Market Update April 2010 Toronto, MUST WATCH!!! https://www.youtube.com/watch?v=hImzdp6nBBM     [read more]

Market News Home sales heading for record-breaking decline in April: TD Sean MacKay Apr 16, 2020 0Shares   Photo: Tiago Rodrigues/Unsplash The precipitous drop in Canadian home sales observed in the second half of March will set the stage for an even steeper decline in April, according to a market commentator with TD’s economics team. As the COVID-19 crisis intensified, economist Rishi Sondhi said that the collapse in homebuying... [read more]

  News» Columnists» Advice for Agents» Profiles» Products & Tech» Videos» Events Sponsored Home   News  What’s next for home prices amid COVID-19? What’s next for home prices amid COVID-19? News Apr 7, 2020 1 By Penelope Graham To say much has changed during the last month would be a huge... [read more]

Here is how we support worthy causes Newsletter update:       [read more]

Here is my newsletter for April 2020: [read more]

Mortgage rates on the rise again as coronavirus and oil shock weigh on lenders' minds Within past week best fixed rates have climbed half a percentage point Housing market best of all sectors to weather the coronavirus storm in Canada: Royal LePage10:39 Geoff Zochodne March 25, 2020 2:35 PM EDT Filed under Real... [read more]

As everyone is on quarantine and praying for sick people to get better. I though It would be a good idea to update you on measures my team is taking due to Corona Virus pandemic. We are extra cautious, at all time we keep social distancing, we use gloves, masks, sanitizers, lysol wipes, alcohol etc to keep you safe     Please check my video https://studio.youtube.com/video/bduAJAN24e4/edit Please let me know if you need any help... [read more]

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Here is my Real Estate Market Forecast and Predictions for Toronto GTA for 2020  Please check out Video https://www.youtube.com/watch?v=SZIVpWKSFMY  I always give my forecast for real estate market, so traditional forecast for 2020 Here are few predictions-Prices for homes will continue to grow .  why I think so? Here is why! Increased consumer confidence could be a key factor affecting the housing market in 2020 • 51% of Canadians are... [read more]

We wish you very special Holidays! Hope you will buy your dream home this year and will enjoy love, warmth of hearts and unity of souls. Happy Holidays! All the best wishes from the top of your hearts Team Ksenia Warhol Here is Christmass Carol for you! https://youtu.be/1Ec0kKG81a0   [read more]

Here is my New Newsletter, please click on the links below: PDF Version Word Version   [read more]

The Town of Innisfil is known to most Ontarians as a collection of sleepy villages, cottages, and rural farmland, with rolling hills and a slice of Lake Simcoe shoreline providing picturesque landscapes. Located just south of Barrie and roughly 60km north of Toronto, Innisfil has a population of around 36,600 people spread across numerous small communities over 263 square kilometres, comparable in area to the City of Mississauga. But despite its relative obscurity, Innisfil has been making a... [read more]

Here is  what's going on on airbnb market in Toronto Toronto is about to shake up its housing business after a provincial tribunal ruled in support of the city's regulations on short-term rentals such as Airbnb.   The rules are designed to increase the availability of long-term rental units by allowing only for the short-term rental of an owner's main residence or rooms within a residence, and charging additional taxes.   The rules,... [read more]

Real Estate Trends What The Election Results Mean for Canada’s Housing Market Justin Trudeau and the Liberal Party now have a new minority government. But what does this really mean for Canadian home buyers and sellers? By REW (Real Estate Wire) November 1, 2019   Last week’s Federal Election will have ripple effects across every Canadian market, and housing is no different. In fact, home ownership was one of the hottest issues during the campaign, as... [read more]

If you dont see this massage properly and with pictures please click on the link below   Please click on the link to see November 2019 News letter If you dont see this massage properly and with pictures please click on the link below                         --------- HOMENewsletter November... [read more]

Toronto Neighbourhoods Where  Home Prices Have Doubled in the Past 5 Years We’ve all heard stories about the real estate bubble.... [read more]

The Top 6 Things That Will Impact Fall Real Estate in Canada 2019's fall home buying trends are looking pretty surprising.     Back to school and off to work! The post-labour day time usually coincides with supply shopping  and settling in after relaxing summer vibes - but it also tends to kick off Canada’s fall real estate markets, with home buyers and homeowners looking ahead to their next steps.  However, before they make a move, buyers and... [read more]

Real Estate Trends Canada’s First-Time Home Buyer Incentive: Everything You Need to Know The FTHBI is here. Learn how it can save you money on your first home purchase. By Kara Kuryllowicz September 5, 2019   For the first time in years, Canada’s first-time buyers have a reason to feel optimistic. September 2, 2019, marked the launch of the Canadian Mortgage and Housing Corporation’s all-new First-Time Home Buyers Incentive (FTHBI), a... [read more]

REAL ESTATE Toronto-area home prices, sales rise for a fifth-consecutive month By Tess KalinowskiReal Estate Reporter Wed., June 5, 2019timer2 min. read Toronto region home prices rose a fifth consecutive month in May — up 3.1 per cent on average year over year to $838,540 including all types of housing. The number of sales also grew substantially — showing a 19 per cent year over year increase. But the Toronto... [read more]

Back in March, the Federal government and CHMC announced that they would be injecting money into the real estate market via “contributions” to first-time home buyers of up to 10%. It was unclear what the details were... that is, until last week. The Details - Now we have some further details to share - the following is a summary of the program: This program starts in September 2019 Eligible for 5% of a resale home Eligible for 5% or 10% of a pre-construction... [read more]

I'm on the mission to raise money to help 10 families with Habitat for Humanity to get the roof above their heads this year. Special thank you from Kim and Kevin and their five kids, who got their new house. I help people to find their new homes, but I'm also passionate to help people, who need it the most, but are homeless or cannot afford it. Every time you or anyone you know, buying or selling a home with me I donate a portion of commissions to help people who need the roof... [read more]

MOD Developments and architects Alliance are collaborating to create 55 Charles Street East, a mixed-use downtown high-rise with distinctive modern style. This ambitious project will join a legacy collection of high-density buildings clustered around the Yonge and Bloor area while distinguishing itself through bold, arresting exterior architecture. A varied and complete range of floor plan options will also include a limited number... [read more]

Toronto home sales jump higher in April, average price up from year ago Aleksandra Sagan, The Canadian Press  Published Monday, May 6, 2019 7:15AM EDT  Last Updated Monday, May 6, 2019 12:28PM... [read more]

PRIL 2, 2019 How Much Will You Pay to Own a Home Close to the GO Transit Line? Posted by Penelope Graham under Infographics, Real Estate News Share51 Tweet Share 51SHARES   Home buyers in pricey markets are all too familiar with the term “drive until you qualify” – trading close proximity to employment in the city core for more affordable housing options in further-flung communities. It’s a common strategy for... [read more]

A first-time home buyer’s guide to Canadian government programs and incentives 8231Shares   Photos: James Bombales Whether you want to stop paying skyrocketing rental rates, start building equity, or own property that can be passed down to your children, purchasing a home is likely a long-term goal of yours. However, with rising home costs and the mortgage stress test introduced in 2018, achieving that goal can be a challenge for many Canadians.... [read more]

  Buying a home? CMHC could soon kick in 10% of the cost - for a price Social Sharing Facebook LinkedIn Email Reddit The government is earmarking $1.25B over three years for something it's calling a "shared equity mortgage" Pete Evans · CBC News · Posted: Mar 19, 2019 4:25 PM ET | Last Updated: 2 hours ago   The federal budget unveiled on Tuesday... [read more]

Days On Market: Here's How Long It Will Take You To Sell A House In 63 Canadian Markets It takes less time to sell a house in quiet Maritime markets than it does in bustling Montreal.                   By Daniel Tencer IMAGINEGOLF VIA GETTY IMAGES A row of houses reflected in a pond in Calgary, Alta. We've been hearing from our readers lately that... [read more]

RBC cuts five-year fixed mortgage rate, other banks expected to follow JANET MCFARLANDREAL ESTATE REPORTER PUBLISHED JANUARY 16, 2019 UPDATED 1 DAY AGO Email to friendShare on twitterShare on facebookShare on linkedinShare on whatsapp Royal Bank of Canada has become the first of the major banks to lower its posted interest rate for five-year fixed-term mortgages, a move that has been widely anticipated amid tumbling bond... [read more]

Cat Architecture: 6 Homes Designed With Felines in Mind Add to     10 Share By Michele Koh Morollo – January 3, 2019 View Photos VIEWS 43K SHARE   10 2                 These cat-friendly homes allow people and their pets to live   together in perfect... [read more]

I don't have a crystal ball, and even the most meticulous economists are sometimes not sure. So here is my forecast... Despite predictions by some economist, that market might stop growing I think that Real Estate Market in Toronto will start to grow in 2019 Trend in Toronto is a little different  in comparison  to  rest of the country, due to the fact, that almost all immigrants coming to Toronto. Even with all government efforts to suppress demand for properties... [read more]

Market Watch Infographic - October 2018   As we wraped up October here is Report on whats going on on the market. Bank of Canada raised mortgage rate in October by 0.25%, however if you hurry, I might still be able to sceure old mortgage rates for... [read more]

So from now on Tenants and Landlords will be legally permited to purchase, posess and grow limited ammounts of marijuana. We al know if you smoke inside, walls, wood and textiles trap the smell of smoke and stays there forever, so it gets very hard to get rid of it.     If you are travelling to US, if you posess marijuana, you smoked same day, or if you work for Cannabis Companies, or even if you invest in Cannabis stocks you could be turned away at the custom. Pot users... [read more]

    New CMHC rules will make it easier for the self-employed to get mortgages By: Jessica Mach on July 23, 2018   SHARE   TWEET In Canada, convincing a lender to give you a mortgage is not exactly easy for anybody these days. But, there are some home buyers who have a harder time than most — and the self-employed definitely rank among them. The less predictable aspects of self-employment, like fluctuating... [read more]

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This $450K Hamilton real estate listing looks like a horror movie set Facebook Twitter Reddit LinkedIn Realtor says there has been a 'lot of interest' from prospective buyers   Adam Carter · CBC News · Posted: Aug 22, 2018 11:41 AM ET | Last Updated: an hour ago   This is the inside of a downtown Hamilton home that is listed for sale online at $450,000. (Bob... [read more]

CMHC wants to make it easier for self-employed Canadians to get a mortgage CMHC is giving lenders more guidance and flexibility on determining whether a self-employed person qualifies for a mortgage The new reality of the real estate market8:31 The Canadian Press July 19, 2018 11:06 AM EDT Filed under Real Estate   Mortgages Comment Facebook Twitter Reddit Email More RECOMMENDED... [read more]

Forbes CommunityVoice Connecting expert communities to the Forbes audience. What is This? 15 Surprising Real Estate Trends Impacting 2018   Forbes Real Estate Council CommunityVoiceForbes Real Estate Councili Jul 9, 2018, 08:30am 8,469 views #DreamHome POST WRITTEN BY Forbes Real Estate Council Successful executives in the real estate industry from Forbes Real Estate Council share firsthand tips &... [read more]

When couples separate in today’s housing market, both are going to take a big financial hit   ZOSIA BIELSKI PUBLISHED JULY 2, 2018UPDATED JULY 2, 2018 Open this photo in gallery Masood Azam. FRED LUM/THE GLOBE AND MAIL Masood Azam knows intimately the meaning of downsizing. After his separation in 2016, the learning analyst went from a six-bedroom home to a 900-square-foot condo in Toronto – the... [read more]

Overview Canada’s housing market looks promising this year as a few key trends continue to impact real estate in the country. One major trend is foreign buyers’ demand for luxury real estate, especially in Vancouver where 85% of luxury real estate transactions were from foreign investments. Another trend is the upsurge of technology hotspots in Canada’s major cities. Google has plans to construct an innovation offshoot in Toronto, and large video game companies have... [read more]

Subway lines to Pickering, Markham, in the long-term, says Doug Ford By KRISTIN RUSHOWYQueen's Park Bureau BEN SPURRTransportation Reporter Thu., June 21, 2018           Commuters from the 905 should have an easy ride into downtown Toronto, says Premier-designate Doug Ford whose long-term plan is for subways to the suburbs. Speaking in Pickering Thursday morning, Ford said... [read more]

Why are Detached House Prices Stable When Sales are Falling? By John Pasalis   35     One of the questions I get often from buyers is how house prices can remain stable while sales are declining and inventory is increasing?  Many are correctly referring back to their Economics 101 classes where they learnt that a decline in sales and/or a rise in inventory can cause prices to fall - but are forgetting that our starting point... [read more]

Sales of new condos in Toronto have more or less fallen off a cliff, down 66.5 per cent in March compared to the same month a year earlier. So what did prices do? They soared by nearly 40 per cent during the same period. That's according to new data from the Building Industry and Land Development Association (BILD GTA), which reports that there were 1,649 new condos sold in Greater Toronto in March, down from 4,329 the same month a year earlier. Keep in mind that last year... [read more]

Ontario releases its annual Sunshine List of top public sector salaries Premier Kathleen Wynne says residents have a 'right to know' what public servants are earning CBC News 4 Hours Ago The Ontario government has released its annual Sunshine List of public sector employees who earned more than $100,000 last year. (Mike Crawley/CBC) 776 shares The Ontario government has published its annual Sunshine List of public sector employees who... [read more]

By BRENNAN DOHERTYStaff Reporter Fri., March 2, 2018           For sale: Derryn Shrosbree’s Mississauga condo unit. List price: 35 Bitcoin. The former Wall Street derivatives trader-turned-insurance broker is intent on marrying cryptocurrency with the life-insurance business. Two weeks ago, after a chat with Toronto real estate agent Brett Starke, he also decided to throw home sales into the mix.... [read more]

Canadian home prices rise as Toronto sees first gain in 6 months National house price index rose 0.3% in January, while Toronto prices rose 0.2% Rajeshni Naidu-Ghelani · CBC News · Posted: Feb 14, 2018 2:11 PM ET | Last Updated: February 14   Toronto's yearly gain on the index of 8.4 per cent was still below the national average of 8.7 per cent in January. (Graeme Roy/The Canadian Press) comments The Canadian real... [read more]

Wealthy 'ghost immigrants' using empty homes to claim citizenship: tax expert Some foreign investors, particularly those from China, are taking advantage of Canadian loopholes to become ghost immigrants, according to David Lesperance, a tax and immigration consultant with Lesperance & Associates. Lesperance cites one recent judge’s decision from a lawsuit in which the judge said Chinese millionaire Guoqing Fu bought multiple multi-million-dollar homes in Canada while... [read more]

Stress tests, foreign buyers and higher rates likely to impact housing market in 2018 New OSFI regulations and a requirement for more open data have changed the rules By Pete Evans, CBC News Posted: Jan 02, 2018 5:00 AM ET Last Updated: Jan 02, 2018 9:08 AM ET A real estate sign stands in front of a house for sale in Ottawa in August 2017. With some big changes on the horizon, housing topics are likely to dominate Canadian headlines again this... [read more]

Loblaws is giving away $25 gift cads,  as a goodwill gesture after admitting the company participated in an industry-wide bread price-fixing arrangement.  Here is a link where you could get your card https://loblawcard.ca/ here is more information on how to get it below https://www.ctvnews.ca/business/how-to-register-for-25-loblaw-card-after-bread-price-fixing-admission-1.3728826   [read more]

Reasons why the Canadian property market refuses to fall: Don Pittis So far low interest rates, a strong economy and large immigration are thwarting the doomsayers By Don Pittis, CBC News Posted: Nov 14, 2017 5:00 AM ET Last Updated: Nov 28, 2017 1:20 PM ET People walk past a notification about two proposed condo towers in Toronto. (Don Pittis/CBC) 549... [read more]

Home sales rise to November record as average price hits $504,000 Real estate group speculates that some buyers and rushing to get in before new rules in January By Pete Evans, CBC News Posted: Dec 14, 2017 9:36 AM ET Last Updated: Dec 14, 2017 11:07 AM ET The average price of a Canadian home that sold in November was just over $500,000, CREA said Thursday. (Daniel Acker/Bloomberg) 52... [read more]

CANADA   December 14, 2017 6:00 am Updated: December 14, 2017 3:30 pm Russian website streaming hundreds of cameras in Canada, experts warn your connected devices could be at risk By Andrew RussellNational Online Journalist, Investigative  Global News 16 2.6k   206     more WATCH ABOVE: Websites have tapped into thousands of cameras from around the world. Here's what cyber-security experts say you... [read more]

Whose Job is It? All links are PDF files     RESIDENTIAL    COMMERCIAL Low water pressure, no water, water has funny taste Noise complaints Street parking Garbage, recycling, collection calendar needed Hazardous waste &... [read more]

Zoning Information in the GTA (TREB) Municipalities across the GTA are starting to provide zoning information on their websites. This information is not always easy to find. We have provided links below to electronic zoning information that we are aware of. We have also provided a link to a pdf document below outlining the availability of zoning information across the GTA such as hard copy documents. Links are also provided to zoning maps and/or bylaws on municipal websites. READ THIS... [read more]

    UPDATES Our Privacy Policy is updating effective Dec. 14, 2017. Click here to see more.     News City Hall New Airbnb rules will ban Toronto owners from offering up basement apartments Fear of impact on affordable housing market trumped arguments for property owners’ rights in council vote.   Alex Dagg, Airbnb Canada's public policy manager, said Toronto needs... [read more]

Implementation of the New Stress Test for Uninsured Mortgages Last month the Office of the Superintendent of Financial Institutions (OSFI) confirmed the implementation of a new minimum qualifying stress test for uninsured mortgages. Guideline B-20 now requires borrowers who have a down payment of 20% or more to qualify for a mortgage at a higher rate. Borrowers will have to be approved at either the five-year mortgage rate published by the Bank of Canada (currently 4.99%)... [read more]

NATIONAL HOUSING PLAN Federal government looks to provinces for billions to support housing plan Open this photo in gallery: Canadian Prime Minister Justin Trudeau visits a housing development in Toronto's Lawrence Heights neighbourhood on Nov. 22, 2017. CHRIS YOUNG/THE CANADIAN PRESS BILL CURRY AND JEFF GRAY OTTAWA/TORONTO 15 HOURS AGONOVEMBER 22, 2017 Prime Minister Justin Trudeau... [read more]

15 of 20 20 Hilariously Terrible Real Estate Photos Flood insurance? We don't need no stinkin' flood insurance! 16 of 20 20 Hilariously Terrible Real Estate Photos Don't let this homeowner's love of scary masks put you off. I'm sure there's no accompanying murder room anywhere on the property.  17 of 20 20 Hilariously Terrible Real Estate... [read more]

by Beverly Jenkins Updated March 03, 2017 01 of 20 20 Hilariously Terrible Real Estate Photos In 2013, Scotland resident Andy Donaldson was house hunting when he noticed a strange trend among the real estate listings he was perusing. Simply put, many of the listings he came across contained photographs so appalling that he could not help but see their comedic value. So he did what any normal, funny young guy would do; he started a... [read more]

It looks like Real Estate market hit the bottom.   Here are quick review, it looks like numbers for Toronto are even lower, in comparison to November of last year. Great time to buy real estate!   Canadian Qualifying Rate Nov 2017 Rate 4.99% Source: Bank of Canada     Current Posted Mortgage... [read more]

Sharp rebound in Toronto home sales signals market may have hit bottom Sales leap 12% from month before, an above-average increase that points to stronger autumn market conditions         Will you pass the NEW mortgage stress test?   Bloomberg News Katia Dmitrieva November 2, 2017 11:04 AM EDT Filed under Real... [read more]

Everything you need to know about an EnerGuide home evaluation Nicole Power - Federal Affairs - September 26, 2017     Interested in helping your clients save on energy bills while also increasing home comfort? EnerGuide, the official mark of the Government of Canada for its energy performance rating and labeling program, is a great place to start. WHAT MAKES A HOME ENERGY-EFFICIENT? With an EnerGuide home evaluation, an energy advisor will... [read more]

In the fall everybody is happy to pick their harvest. I was showing the house to clients and was amazed by these giant Zucchini's each 2.5 m or 8 feet long. Owners were very proud of their harvest and allowed me to take a picture. That's the harvest!!! [read more]

How to Sell Your Home in a Slowing Market   As the market begins to slow, it is essential to know what it takes to sell a home.  Rare is the occasion when sellers have multiple offers the first day on the market, though it can still happen.  In this market, sellers need to work harder than ever to ensure their home is getting the amount of exposure they desire, and also to be prepared to wait for an offer to come their way.  Here are some tips from local real... [read more]

Avoid These Costly Mistakes Before Selling a Home   You've decided to sell your home. You have advertisements paid for and buyers lined up at your door. You are ready to accept an offer and sell your home today! A piece of cake, right? Not so fast. You could end up losing the sale or even worse, get sued by an angry buyer who misunderstood what was advertised or what was said.   1.   Don't Sell Before You Get Qualified to Buy Your New... [read more]

List Of Superfoods that help boost immune health This list of superfoods contains only the foods that "earned" their place on it by meeting several requirements which we will be discussing below. First of all, there are several vitamins and minerals that have a special positive effect on the immunity because they are the cofactors of Glutathioneproduction. Their sufficient consumption, according to the studies, delivers a better immune response, which lowers the incidence... [read more]

      Current Posted Mortgage Rates Oct 2017 Oct 2016 Oct 2015 1 Year 3.24% 3.14% 2.89% 3 Year 3.59% 3.39% 3.39% 5 Year 4.89% 4.64% 4.64% Source: Bank of Canada     Current Bank of... [read more]

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Hilarious listing photos show what not to do when putting your house on the market Sarah Jacobs     Oct. 17, 2017, 1:00 PM 56,350 FACEBOOK LINKEDIN TWITTER EMAIL PRINT You might want to remove anything creepy before listing your home online.Zillow   Andy Donaldson has been running the Tumblr "Terrible Real Estate Agent Photos" since 2013.   Ever since he went... [read more]

9 Best Teas To Boost Your Immunity And Help You Relax This Fall Teas are more powerful than you may think. by Larell Scardelli October 4, 2017   LARELL SCARDELLI Well, it’s happening. The leaves are falling and if you listen closely, sweaters sing gleefully from the back of our closets. Our mugs are giddy too, because there’s no better way to warm up to fall than with a cup of tea. “Hot teas are an easy way to... [read more]

 Canadian winter is quite long, with days shorter during fall, spring and especially winter. People usually getting to work in the morning, when it's still dark and getting home late, when its even darker. Real estate for Sale Signs are not so well visible during dark time of the day and bed weather. So I've accepted the challenge and decided I have to create signs, which will be well visible  in any weather, any time of the day. Please meet my new signs, they are bright... [read more]

Some people might think that prices for Real Estate are going down in Toronto, after government implemented multiple measures to calm market down. Not to mention that Bank of Canada rate went up by 0.25% two times since September 2016 from 0.75% to 1.25% and the same is true for prime rate. We all remember crazy price spike in February, March and part of April, then prices stabilized, after implemented measures, but they did not go down to before the spike level. Despite all of the... [read more]

The video below guides you on the fundamental conditions that determine whether or not you should list your home. If you have any questions or comments, feel free to reach out by contacting me or using the form below.   [read more]

The video below outlines the ideal timing to purchase your new home. Not every purchase is the same - which is why I've broken down these fundamentals into three scenarios: first time home buyers, up-sizing or upgrading to a desired neighbourhood, and investment. If you have any questions, feel free to contact me or use the form below.   [read more]

In the video below you will discover what Art in Real Estate stands for, and why Ksenia Warhol is the best choice for your real estate needs! Comments are welome below.   [read more]

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In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]