Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
Toronto council approved an inclusionary zoning policy that will force developers to set aside a percentage of units for affordable housing if they’re putting up condos near transit stations.
Canada begins to emerge from the COVID-19 pandemic, the hopes are for positive economic growth, however, it seems pandemic effects may stick around longer than most anticipated.
The empty homes tax is a yearly tax applied to any homes or properties in the Vancouver area that are left unoccupied for more than six months in a given tax year.
Despite a marked slowdown from the hectic first half of the year, Calgary has no shortage of activity in its residential market.
For many people, building their own homes is a solution to help them get exactly what they want. While it is totally viable option, it is a very different process than buying a resale home.
The Liberal Party of Canada has taken a significant step in recognizing and combating the Canadian housing crisis by creating a new cabinet role, that of the Minister of Housing.
Teranet released data that revealed that multi-property owners are the largest single buyer category in Ontario.
We’re in desperate need of housing in the GTA. Yet, developers still face roadblocks when they try to take action to boost supply.
Prices of lumber skyrocketed to never before seen heights in the past year as the supply chain suffered the effects of the ongoing COVID-19 pandemic.
Prices on many things have gone up and some are now being forced to go into arrears on their mortgage. But after an explosion of mortgage arrears, things are starting to look better.
A presentation will be hosted on Wed. Nov. 3 at 7 p.m. to discuss ways real estate investors can raise capital and finance all of their deals without spending their own money.
A study released this week found that in Canada in 2020, there were up to 1,340,364 vacant homes, comprising 8.7% of all homes in the country.
Mortgage interest rates are a huge factor in a real estate investment and can take some work (and some luck) to ensure you get the best interest rate available to you.
Vancouver received a top 10 ranking in a global assessment of the worst real estate housing bubbles in the world. It seems Vancouver is currently in a questionable spot.
A year after realtors in Ontario were permitted to create personal real estate corporations (PERCs), uptake has been significantly higher than expected, says their provincial trade association.
The US-Canadian land border is finally set to reopen on Nov 8th, spurring many snowbirds to once again make plans to head south.
For decades, we have counted on trades from other countries to bring their skills and expertise to help build our homes and infrastructure.
Wondering what an overvalued housing market could mean for Canadians and investors? It isn't all doom and gloom, but it's important to understand what can happen.
More and more people are turning to rural properties for their lifestyle and investment opportunities. This Brantford realtor explains why you should too.
It seems that the rate of vacancies has begun to stabilize, though it’s still at a relatively elevated level compared to the pre-pandemic urban rental market.
The amount of the house you're acquiring will determine what your down payment should be. Here are the minimum and maximum requirements in Canada.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”