If you have water leaking into your basement, you’ll eventually see the signs: dampness, mould, drywall damage, etc. Following yesterday’s surprise emergency 50 basis point (bp) rate cut by the Fed, the Bank of Canada followed suit today and signalled it is poised to do more if necessary. ​​​​​​​The new decade is right around the corner. For many, the dream of homeownership is one they’d like realized in the near future. That’s why we’re sharing a few New Year’s resolutions you should make and keep so you can buy a new home!KPMG recently shared the results of its Millennials and Retirement poll, focusing on the homeownership concerns young Canadians have, and they’ve now released some results pertaining to concerns about retirement.
Everything you need to know about co-owning a home Image

Everything you need to know about co-owning a home

​​​​​​​Can’t afford to buy a home on your own? Then maybe you should take a look at this new Guide to Co-owning a home, which was recently released by the province of Ontario.

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Why I think Toronto homeowners should pay lower property taxes Image

Why I think Toronto homeowners should pay lower property taxes

​​​​​​​It looks like the City of Toronto’s property taxes are set to increase over the next few years. Depending on who I ask, people are either indifferent, happy, or furious. 

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​​​​​​​As Canadian housing prices are forecasted to climb in 2020, it looks like the state of the mortgage market will also see some “renewed strength,” according to a recent report by TransUnion.
Province of Ontario announces complete overhaul of its new home warranty program Image

Province of Ontario announces complete overhaul of its new home warranty program

Looking forward to the new year, new homeowners may feel more confident in Ontario’s new home warranty system, as the province has announced a complete overhaul of the Tarion Warranty Corporation. 

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What can a middle-class home buyer afford across Canada? Image

What can a middle-class home buyer afford across Canada?

According to the latest data from the Canadian Real Estate Association, the average residential home will now set prospective home buyers back $525,000, though affordability challenges are much more acute in the nation’s priciest markets.

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A shocking number of Canadians worry that they’ll never be debt free Image

A shocking number of Canadians worry that they’ll never be debt free

​​​​​​​Nearly all Canadians believe the average household is in too much debt, and it looks like everyone is right. The results of the Manulife Bank Debt Survey shows that 40% of indebted Canadians do not expect to escape their debt in their lifetimes.

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