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Toronto Condos- New Rules & Tips To Keep In Mind While Buying Condos in 2018

Wednesday May 16th, 2018

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The condos in Toronto, Ontario in Canada are in high demand these days. The real estate business is also on a rise in the city. There have been slight changes in the rules for buying a condo in the city for the year 2018. In order to buy a condo in Toronto, you must first go through the new rules and understand them.   The Current Condo Market of Toronto: It is important that you understand the real market in Toronto. Due to the high demand for condos in the city, the average days... [read more]

Are condos taking over detached freehold homes?

Tuesday Feb 27th, 2018

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What we are going to learn below is if the condos have become the living standard in Toronto. As per the new initiative which was taken by the City of Toronto, families living in high-rise building condos in the downtown Toronto contribute about 70 percent. It is also known as Vertical communities. Ever since the 60s, the high-rise buildings have been affordable to the downsizers or to the people who are buying for the first time. Nowadays, it is a growing truth when considering the new and... [read more]

New Lending Rules in Canada

Tuesday Dec 12th, 2017

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Buying a condo in Canada has been easier in the past due to the lenient lending rules in Canada. The housing market of Canada is fast and the government has been trying to slow down this market. This time, there are some major changes being introduced by the banking regulator of Canada, OSFI, which will be implemented from 1st January 2018. Fears of the Government of Canada: The changes are due to the housing market situation in the country. the government has been taking into... [read more]

Green Trend: Incorporate Green in Your Home Interior

Friday Oct 13th, 2017

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Colors define our world. People, over the years, have attached different meanings to different colors. We design our clothes and homes considering the meanings attached to them.   With green comes the sense of nature, freshness and peace. Why, out of all the colors are we talking about green? The Pantone, color of the year 2017 is greenery, that’s why. Green is a color that is easy on the eyes. It is not only soothing and energizing o look at, but also provides an attractive... [read more]

Trends of Canadian Mortgage Rates in 2017- Expert Views

Monday Apr 03rd, 2017

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Bond yields are not going to fluctuate, so there is no rise expected in fixed rates. However, as money lenders and banks will now adjust pricing to live up to new regulations announced on 1st of Jan, 2017, many borrowers will end up paying extra for their next mortgage. During the last month, yields were retracted partially. Mortgage rates also accompanied bonds higher, but partially. Therefore, unless there is a drop in bond yields, there is no scope for the mortgage rate to increase even a... [read more]

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