'More than half of intending buyers will be first-time buyers in 2017': Jason Mercer
We recently had the opportunity to hear Jason Mercer’s thoughts on the different strategies being proposed to cool the Greater Toronto Area’s (GTA) housing market. As Director Market Analysis for the Toronto Real Estate Board (TREB), Jason is the
36% of millennials believe renting is better than owning
CIBC recently surveyed more than 3,000 Angus Reid Forum panellists online about their thoughts on homeownership. The survey was conducted between March 16th and 20th and included homeowners and tenants. The survey uncovered the fact that many millennials
How to research new home appliances in 4 easy steps
Do you remember your first apartment? Was it really small or worn or outdated? Did you have to settle for second-hand furniture and appliances because that was all you could afford? As your first real taste of independence, you probably looked past all
An example of a first-time buyer’s closing costs on a new condo
Are you thinking of buying a new condo unit from a developer? One of the things that prevents some people from making the purchase is the confusion around closing costs related to a new condo project. With that in mind, we’re providing a simple and clear
5 real estate negotiation tactics you should know
One of the perks of buying a new construction home is that you don’t have to compete against other buyers for the same house or unit. Yes, there are moments when you need to be quick with your decision making because someone might beat you to the floor
How to break free from the vicious circle of renting
We recently listed a few new condo developments that first-time buyers may actually be able to afford. One problem that we did not address was the fact that tenants living in downtown Toronto are caught in a vicious circle of renting. They want to live
New condos that first-time buyers can afford
Last summer, we highlighted a few new condo projects in the Greater Toronto Area (GTA) that first-time buyers could actually afford. With the recent rental series from CBC, which highlights personal stories from Toronto tenants about the struggles of
CMHC releases an updated "road map to homeownership"
According to the Canada Mortgage and Housing Corporation (CMHC), purchasing a home can be a challenging and confusing experience, and they’re right. From unfamiliar mortgage calculations to words you’ve never heard before, every step of the homebuying
How to deal with your home buyer’s remorse
So you just bought a new home - congratulations! What? You don’t feel as excited as you were the second you signed the Agreement? Don’t worry, this feeling is common. It’s like when you buy a sweater then instantly regret it when you try it on at home in
First-time buyer says Daniels “made buying easy”
When Daniels FirstHome™ Sunny Meadow in Brampton launched in fall 2016, first-time buyers flocked to it. Very rarely do first-time buyers have the opportunity to purchase a new low-rise home in the Greater Toronto Area (GTA), especially in a hot market
