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Home Market Page 6

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February 10, 2017
News, Tips, Market

Competition Means You Need to Keep on Top of the Home Selling Game

If you’re thinking about selling your home, you can’t be blamed for feeling like it might be one of the best times ever to do so. Real estate prices in Markham, York Region and throughout the GTA continue to rise at record levels. Combine that with the short supply of homes on the market, and…

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January 6, 2017
News, Market

A Simple Explanation of the Recent Changes to Canada’s Mortgage Rules

Anyone in the market for a new home will no doubt have seen some of the extensive media coverage of the recently announced changes to mortgage requirements in Canada. With sustained low interest rates pushing up house prices at an unprecedented pace (Markham home prices jumped 16.8% in September versus September, 2015) the Canadian government…

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December 9, 2016
News, Market

Will the Record Real Estate Markets Continue in 2017?

It’s been 20 years now. After some tough years in the early 1990s, the Toronto and GTA real estate market has grown continuously since 1996, with the exception of a small correction during the recession of 2008 and 2009. Through it all, as each New Year unfolds, there is always wide speculation about whether the…

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October 7, 2016
News, Real Estate, Market

Have They Run Out of Words to Describe the Real Estate Market?

In a recent post, we talked about real estate headline fatigue, or the recent regular barrage of “record real estate” headlines. Not that we’re complaining! The great headlines are the sign of a healthy residential real estate market in Markham and across the GTA. However, the recent release of August’s home sales figures by the…

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September 2, 2016
News, Real Estate, Market

What B.C.’s New Real Estate Tax on Foreign Buyers Means for Markham

If you’ve bought or sold a home in Markham, or anywhere in Ontario, you’ll be familiar with Ontario’s provincial land transfer tax (LTT). It’s a tax on the price of a real estate transaction payable by the buyer. Charged at different rates for different real estate values, from .5% up to $55,000 to 2% above…

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August 26, 2016
News, Real Estate, Market

Not Just Another “Real Estate Record” Headline

You may not know it, but you might be suffering real estate headline fatigue. Despite the fact that it’s good news for real estate markets, you’ve probably stopped reading articles with headlines like “Record House Prices in Toronto” or “New High for Home Sales”. But there was one recent ‘real estate record’ headline in the…

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