Since March 2020 we have been seeing a series of not just unfortunate, but also unpredictable events. More than a year into this Pandemic, a lot of my clients have expressed concerns in investing in property, so here are some facts that may help you make that decision and have a clear answer to the above question. Depending on your situation, this may or may not present to you some opportunities to seize....
This year, more than ever, plans for the holiday season are being made with health and safety at the top of mind. While we cannot predict what holiday gatherings will look like this year, the possibility that many of us will be spending the holidays at home seems more likely than usual. As such, we should be mindful of additional seasonal safety hazards around the home that can be easily prevented. We have...
The COVID-19 pandemic is affecting all sectors of Canada’s economy, including housing. Job losses, business closures and a drop in immigration are adversely impacting Canada’s housing markets, and CMHC foresees a 9% to 18% decrease in house prices over the next 12 months. In order to protect future home buyers and reduce risk, CMHC is changing its underwriting policies for insured...
As things move forward and we transition into the “new normal”, the effects of COVID-19 on the real estate market will not be seen immediately. While markets have shifted, the long-term impacts on Toronto real estate prices are yet to be seen. The real estate industry continues to operate Real estate markets are intrinsically related to employment, immigration, and the economy. While some might...