The Ultimate Home Maintenance Guide

A complete schedule of when to do what … and how much it costs When I bought my dream home two years ago, I wasn’t imagining myself standing in my basement, holding an umbrella, watching my husband chase streams of water with a flashlight. But that’s where I ended up. It was the first spring […]

Canadian home prices resilient in third quarter

Toronto— The Canadian Press Royal LePage says home prices remained unexpectedly resilient across Canada‘s housing market in the third quarter, but the overall strength is concealing signs of moderation in some regions. In its House Price Survey and Market Survey Forecast, Royal LePage says that Canada’s residential real estate market benefited from very low interest rates and a […]

Canadian home prices rise to new record

Financial Post Staff  Sep 28, 2011 – 10:10 AM ET | Last Updated: Sep 28, 2011 10:48 AM ET OTTAWA — Resale home prices in Canada rose in July for the eighth consecutive month to a new record high, according to the Teranet-National Bank Composite House Price Index. The index, which tracks price changes for repeat sales of […]

Home ownership trumps renting in personal finance stakes

Owning the roof over your head should still be a goal for most Canadians as paying rent is like paying someone else’s mortgage, experts say. The Bank of Canada gave its clearest signal so far this week that interest rates are set to rise, while a growing number of real estate watchers and some economists […]

Our Parents’ First Mortgage

81% of Ontarians say it’s more difficult to own a home now than it was for their parents. That comes from this Ipsos Reid/Ontario Real Estate Association survey. That’s interesting because our parents had to put down 25% to purchase a home. Young buyers nowadays can get their foot in the door with just 5% down. […]

Housing correction coming: Sharp or slow?

The Canadian housing market is due for a correction, but it will likely be a slow decline rather than a sharp drop, says a report from the Canadian Imperial Bank of Commerce. “While house prices are likely to adjust as interest rates eventually climb, the national pace of any correction is likely to be gradual,” […]

Talking about money is no longer taboo: Valerie Pringle releases special report on the financial health of Canadians

Talking about money is no longer taboo: Valerie Pringle releases special report on the financial health of Canadians Scotiabank‘s Saving Ambassador, Valerie Pringle, issues report highlighting insights and conclusions from cross-country tour To view the Social Media Release, click here: http://smr.newswire.ca/en/scotiabank/talking-about-money-is-no-longer-taboo TORONTO, June 21, 2011 /CNW/ – Valerie Pringle, as Scotiabank’s Saving Ambassador, today launched a report highlighting the […]

Who says it takes two? Many first time homebuyers fly solo on the house-hunt

Who says it takes two? Many first time homebuyers fly solo on the house-hunt – 2011 TD Canada Trust First Time Homebuyers Report finds majority of men and a third of women purchase their first home on their own – TO VIEW AN HTML SOCIAL MEDIA VERSION OF THIS RELEASE PLEASE VISIT http://www.smrmediaroom.ca/TDFirstTimeBuyer TORONTO, June 15, […]

Gold-buying broker raises concerns

Gold-buying broker raises concerns By Vernon Clement Jones Some brokers fear it may tarnish the industry’s reputation. But a business advertising broker services – at the same it hawks “cash for gold” – is nonetheless focused on customer service, said the jeweler/mortgage professional behind it. “I am a licensed mortgage agent,” Harold Gerstel, otherwise known […]

Surge in renters lowers vacancy rate

It’s increasingly difficult to find rental housing across the country, as a lack of new inventory and a surge of would-be renters pushed the national vacancy rate lower. Canada Mortgage and Housing Corp. said Thursday that the vacancy rate for Canada’s rental stock was 2.5 per cent in April, 2011, compared to 2.9 per cent […]

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