Learn about the new Canadian Mortgage Charter and how it intends to help Canadian homeowners manage and maintain their mortgage payments through proactive lender outreach, stress test exemptions for insured borrowers, and more.

As the Canadian government addresses the complex challenge of housing affordability, the changes to short-term rentals underscore some fundamental changes that may see short-term rentals disappear in the name of increasing the inventory of available properties to Canadian end-users.

On December 1, 2023, a new phase of the Trust in Real Estate Services Act (TRESA) is rolling in, waving goodbye to the old Real Estate and Business Brokers Act (REBBA). These changes are all about making things crystal clear and keeping you, the consumer, in the loop.

Solving Canada's housing affordability challenges and the government's response through the Enhanced GST Rental Rebate, a tax incentive aimed at fostering long-term rental units. Will the GST Rental rebate, be effective in addressing affordability concerns, amidst strong demand and changing interest rates.

The blog post explains the importance and key components of an Agreement of Purchase and Sale in Ontario.

AI empowers real estate agents with enhanced efficiency, targeted marketing, personalized experiences, and smarter analysis.

Toronto City Council approves multiplex housing to address housing crisis and accommodate growing population.

Understanding easements: benefits, challenges, and how to identify them on your property.

Ontario government proposes cooling-off period for new home sales to address housing affordability crisis.

Canadian real estate market heats up in March with interest rate hold, inflation improvement, and policy changes.

Canada's population growth due to international migration may increase housing prices and pose challenges.

Ontario residents are turning to Alberta's real estate market due to affordability and booming economy.

The importance of maintaining home insurance to protect against financial risks and mortgage consequences.

New tax and legislative changes in Canada aim to address housing affordability challenges.

Ottawa introduces vacant unit tax to encourage property occupancy and increase housing supply.

Buying a power of sale property requires careful consideration, inspection, and legal advice to avoid risks.

Understanding construction liens and how to resolve them to protect your property and rights.

The blog post discusses challenges faced by preconstruction buyers in the shifting real estate market.

New anti-flipping tax in Canada aims to reduce speculative demand and excessive price growth.

The Government of Canada is implementing a foreign buyer ban to cool down the real estate market.

Bank of Canada's interest rate decision and its implications for mortgage payments and trigger rates.

Summary: This blog post discusses the consequences of missing mortgage payments and provides tips to avoid foreclosure.

Fractional ownership offers new opportunities for real estate investment, but understanding the terms and risks is crucial.

Co-living offers an affordable option for home ownership, but requires careful planning and legal agreements.