Ontario announces details of the Housing Supply Action Plan
The province of Ontario announced the details of its More Homes, More Choice: Ontario’s Housing Supply Action Plan, and it immediately received praise and support from leaders in the new home industry.
What would happen if the mortgage stress test was eliminated?
Sixteen months after the implementation of the federal government’s B-20 mortgage stress test regulations, TD Bank released an examination of its effects. Basically, the stress test did what it was supposed to do, but had some unintended consequences.
Only those within the top 10% of earners can afford a Toronto house: study
Even as housing prices have cooled throughout the GTA since the 2016 market peak, the average house still fetched $873,100 as of March, while the typical condo unit costs over half a million dollars, at an average of $522,300.
Shifting the focus to first-time buyers
We tend to always have a slight focus on first-time buyers, but now that we’re fully in spring mode, we want to shift the focus into a higher gear. For all of May, we’ll have even more tips and news for and about first-time buyers!
How Ontario can amp up affordable housing development
The key to building more affordable housing lies in the availability of public surplus lands, which is government owned land that is “vacant or underutilized, that is no longer needed to deliver government goods and services (Infrastructure Ontario).
Podium Developments announces 3 new rental buildings in Kingston
For the last few years, Kingston’s vacancy rate has been trending low - thankfully, there’s a multi-phase rental development in the works by Secure Capital Partners Inc., Blue Vista Capital Management LLC, and Podium Development Corp.
Is Toronto at risk of a brain drain to Montreal?
As millennials continue to be priced out of many urban housing markets across the Greater Toronto Area, Montreal is becoming an affordable haven for younger buyers, but the wide selection and relatively low prices won’t last forever.
Adding solar panels to your home could increase its value
Thinking of installing a solar power system? It could be more than worth it when it comes time to sell as energy efficiency becomes more and more important to homebuyers.
5 ways to freshen up your home decor this spring
There is something about spring that boosts energy in most of us. We yearn for movement and improvement. Spring is the perfect time to implement changes to your home decor.
.jpeg)
Park Vista at Whitby Meadows opening in May!
We have extremely exciting news - Fieldgate Homes and Paradise Developments will be launching Park Vista at Whitby Meadows this May!
