Don’t worry, it’s still a good time to buy a new home in Toronto
As we watch house prices continue to climb and climb, it’s natural to think about the old truism that what goes up must come down. In the real estate market, that tends to be true only temporarily — what goes up comes down a bit for a while before
An entrepreneur’s guide to qualifying for a mortgage
According to Entrepreneur.com, millennials are the “fastest-growing segment of entrepreneurs in our economy.” With creative and tech industries booming, it seems like there are new innovative startups popping up every day. What does this mean
3 factors discouraging millennials from buying a home
For as long as I can remember, family, friends, and financial experts alike have cautioned me to stay under my parents’ roof for as long as possible; heretofore, my optimistic foresight led me to kindly disregard their advice. I always thought that
Minto Westside wins over first-time homebuyer
Buying your first home can be scary, especially in Toronto’s fierce real estate scene with soaring prices and shrinking square footage. Still, city living has not lost its appeal for ambitious millennials like Melody Negri, a Mississauga-native who, upon
3 tips for buying a new home this summer
Buyers are attracted to new construction, with brand new, never-lived-in-before purchases accounting for about a third of home purchases in Canada. When buying a new home, people love personalizing it without the onerousness of renovation — just the
It pays to buy green: You can now save more money buying an energy efficient home
The Canada Mortgage and Housing Corporation (CMHC) just announced that it is increasing the premium refunds for energy efficient homes. “CMHC is committed to fostering energy-efficient housing in Canada,” says Steve Mennill, Senior Vice President,
A condo unit in the 905 is the most affordable option for buyers
Last week, the Toronto Real Estate Board (TREB) released its monthly resale housing figures for May 2016, announcing another record month of sales and shortage of listings. There were 12,870 home sales reported through the MLS last month, which is 10.6%
Are we witnessing the death of the starter home?
Just when you thought it was impossible, the Toronto housing market hit yet another record-breaking month in April. Inventory hit an all-time low and prices hit an all-time high, says the latest from the Building Industry and Land Development Association
5 tips that will make coliving work for you and your family
Living with other people can be challenging, but as the cost of Toronto real estate steadily rises, more and more people are buying homes with their friends, partners and roommates in order to get what they need and want in a home for a reasonable price.
Find out why this first-time buyer purchased at Fifth on the Park!
Toronto nurse and first-time homebuyer, Revellie Reyes, recently purchased a new condo unit at Fifth on the Park in Emerald City, ELAD CANADA’s master-planned North York condo community. Topping her list of must-haves was a convenient location, and she
