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

TREB June Stats: Toronto-Area Homes Still Expected to Rise 13-18% This Year

Despite Premiere Kathleen Wynne’s measures implemented to cool the market, recent stats released by TREB note that Toronto home prices are still expected to rise 13-18% this year.  The Toronto Star reports on these trends and how the housing market is also now heating up Toronto’s condo market.  Though it still might be too early