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.
Andrew Brennan has been an investor since 2008 and today has about 725 doors. The trick, he says, is to build a portfolio in the multifamily sector because commercial mortgages are much easier to obtain than residential mortgages.
A new study from Royal LePage has found that homeowners who can afford 20% down payments are much better off in the long run than renters.
Housing starts in Canada are the highest they’ve been since the 1970s but that isn’t the case in Toronto, where scarce supply is causing home prices to surge.
The industrial vacancy rate in Vancouver has dropped to 0.6% and, unsurprisingly, it’s driving up prices.
Canada’s housing market entered a high degree of vulnerability in the second quarter, says the Canada Mortgage and Housing Corporation.
Canadians investing in U.S. real estate might have the right idea, but they’re prone to errors, says a Florida-based expert.
The Calgary Real Estate Board’s (CREB) latest statistics revealed the city’s housing market had a strong, if balanced, August, with detached homes leading the way.
Hamilton’s smaller multifamily dwellings are still commanding strong rents, but they’re flat in the city’s taller apartment buildings, says a local investor.
Millennials, entering their peak years, and are slated to comprise 80% of North American luxury home purchasers in 2021 and 2022, says a new report from Engel & Völkers.
We are in the middle of a housing crisis, plain and simple, because demand is outpacing supply and, consequently, we’re seeing some very dramatic spikes for the price of homes.
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.
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