Housing Policy

Nov. 22, 2024

Navigating Canada’s Mortgage Industry to Buy Your Home

Whether you are a newcomer contemplating the purchase of your first home in Canada or an existing resident considering a fresh foray into Canada’s vibrant housing market, it is important to do so with a thorough understanding of the processes and procedures involved—both financial and legal—to ensure a smooth …

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Nov. 15, 2024

Some Key Considerations and Planning Involved in Buying a Home.

You have done your initial research; have been pre-approved for a mortgage and have a fairly good idea about what kind of home you can afford to buy. Now you want to quickly start checking out all the available options.

As you commence what can be a long-drawn-out …

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Nov. 8, 2024

Want To Buy a Home In The GTA? You Can Start Here.

Given the existing market conditions, buying a home in Canada currently constitutes one of the biggest, if not the biggest, purchase an individual or a family would indulge in during their lifetime. For this and other reasons, it is important to be aware of the key considerations that go …

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Nov. 1, 2024

Will Lower Interest Rates Fix Housing Unaffordability for Homebuyers?

Last week, the Bank of Canada announced its steepest interest rate cut, slashing it policy rate by 50 basis points to 3.75 percent. With the exception of the pandemic, such a drop in the key interest rates was last seen during the height of the financial crisis in 2009.

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Oct. 25, 2024

This Winter, Do Your Part to Fight Climate Change: Install a Heat Pump.

The unseasonable warmth of this fall season, quite similar to last year, is only one of the many serious manifestations of the undeniable and existential threat posed by global climate change, which continues to impact lives here in Canada and around the world.

Thankfully, governments at the municipal, …

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Oct. 11, 2024

Fall & Winter Maintenance Tips For Your Home

It’s the week before Thanksgiving. Fall season is well underway, and the nip in the air keeps getting sharper with each passing week. Before we know it, winter will be here. For homeowners, that is your cue to make sure you and your home are well prepared for the …

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Sept. 27, 2024

Buying a Home? Get Homeowners’ Insurance First

Even as adequate housing supply and affordability continue to remain top of mind for many Canadians, for those of our readers who are fortunate to be homeowners or are considering buying a home in the near future, the importance of getting your home insured cannot be stressed enough.

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Sept. 20, 2024

Renting in Ontario? You Have Certain Rights and Responsibilities.

Last week, our guest author—Marilyn Monteiro, a Licensed Paralegal at Monteiro Paralegal Services, shared some insights into the key considerations Ontario landlords should keep in mind when renting out their property.

We continue with that theme this week by sharing information that is relevant and useful for prospective …

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Sept. 6, 2024

For a Greener Future, Harness Solar Energy to Power Your Home

The wide-ranging impacts of global climate change continue to manifest themselves in extreme weather events, such as wildfires, unseasonable rain and flooding, etc. causing widespread devastation, here in Canada, and elsewhere. This has considerably driven up home insurance costs in the last few years, and to some extent, fueled …

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Aug. 16, 2024

Now Is a Good Time to Sell That Investment Property You Bought

 

Notwithstanding the overall slump in the Greater Toronto Area’s (GTA’s) real estate market, home prices—whether for a detached or semi-detached home, townhouse, or condominium apartment—have still not substantially dipped from the record highs seen during the pandemic.

Even as sales activity appreciated slightly by 3.3 percent …

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