Defining Your Down Payment

“Down Payment” is defined as an initial payment made when something is bought on credit.  But who defines how much your down payment should be?  These days you see as little as 5% and as high as 50% down payments in the real estate market.  For majority of people purchasing a home is the biggest

GTA Housing Market’s Correction in 10 Facts

Greater Toronto Area home prices continue on the same sliding trend in August; a result some argue is from Ontario’s new Fair Housing Plan and it’s foreign-homebuyer tax in particular. Regardless,TREB President Tim Syrianos reports that “Economic conditions remain strong in Ontario.  Positive economic news coupled with the slower pace of price growth we are now

Condo Prices Higher Than Ever in Canada

Condo prices across North America are up by almost 20% from the same time last year.  Majority of the increases are in the Greater Toronto Area, with Oakville, Ontario seeing the largest increase in the entire country!  Even though real estate sales are down across the country, condo prices continue to rise as we see