Ontario home prices need to drop more than $300,000 to be affordable for millennials
A new study by Generation Squeeze in Vancouver found average home prices in Canada need to drop by nearly 50% for a typical 25-34 year-old (let’s call them millennials) to afford an 80% mortgage on an average priced home. Or, their earnings need to double
Will Toronto remain unfazed by the new mortgage rules?
The new stress-testing mortgage rules mean Canadians need higher incomes to purchase homes. According to a video produced by Huffington Post, your household income needs to be approximately $144,946 to afford an average priced home in the GTA ($755,755),
Legacy Pines: Adult Living in Caledon
If an active adult lifestyle is what you are looking for in a community, then Ashton Ridge Homes’ latest Caledon development, Legacy Pines, is a must see.The lifestyle at Legacy PinesImagine coming home to your own gated community, your own private
Burkebrook Town Manors: Coming This Fall
This fall, Toronto's finest ravine condominium community will be home to The Burkebrook Town Manors - the fourth and final phase of homes within The Daniels Corporation's prestigious and highly successful Kilgour Estate neighbourhood located on Bayview, s
Register for Queensville in East Gwillimbury for Instant Exclusive Content!
An exciting new community by Aspen Ridge Homes, CountryWide Homes, and Lakeview is in the works in the Town of East Gwillimbury. Located in the Queensville village area, the community is aptly named Queensville.The first phase of Queensville will feature
Townwood Homes - Celebrating 40 Years and Building for the Future
Over the past 40 years, Townwood Homes has built more than 10,000 new homes in desirable locations across the GTA. Townwood’s current communities epitomize the tradition of excellence established by its founder and president, Tony Guglietti. His vision
New Model Home Designed by Jane Lockhart at Angus Glen!
This afternoon, the team at the Toronto Star’s NewInHomes.com headed to Markham to meet with our friends at Kylemore Communities for the opening of its newest custom model home. Normally, a model home is not that huge of a deal, but when it’s a 5,600-sq.
Enjoy the Best of Both Worlds in a Condo
By Barbara LawlorUsually if people say they’re looking for a new home, it is assumed they mean a house or townhouse in a low-rise community. In fact, today’s condominiums are more like “homes” than ever before. I remember when I started in the industry
6 must-haves that millennials look for in a new home
Some would assume that millennials like myself dream of having their first home decked out with built-in selfie sticks and voice-activated appliances. Though these would surely be welcomed additions to any starter home, our demands aren’t quite as
AquaZul on the Grimsby Waterfront is more than 90% sold!
The Grimsby waterfront is undergoing a major transformation right now and Homes By DeSantis is playing a significant role. Last September, the Ontario Home Builders’ Association (OHBA) named the five-storey condo AquaBlu the Most Outstanding Mid-Rise
