Thursday, April 19, 2018
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Tag Archives: Canada

Real Estate Projections for Ontario in Relation to Alberta and the US

Last week, I sat down with Don Campbel, Founder and Senior Analyst at the Real Estate Investment Network, to ask him some pressing questions relating to real estate projections in Ontario with relation to Alberta and the US. Don provided very interesting insights — you can read the exchange below. Addy: What do you project for Toronto in terms of ... Read More »

MLS vs Exclusive Listing: What’s the difference?

Recently I was asked an interesting question about the difference between an MLS vs Exclusive listing. Below, I will try and differentiate between the two for you. The MLS — also a multiple listing system or multiple listings service — is a platform where properties for sale and rent can be listed and viewed by all participating brokers. Here, the ... Read More »

CMHC Increase in Mortgage Default Insurance

Last week the Canada Mortgage and Housing Corp (CMHC) announced an increase in its mortgage default insurance applicable to Buyers who pay less than 10% of the downpayment while purchasing a property. This increase is set to come into effect as of June 1st and does not apply to mortgages currently insured by the CMHC. What is Mortgage Insurance? Much ... Read More »

Property Prices Rise in April 2013

Statistics Canada has released their monthly market update, reporting that the New Housing Price Index (NHPI) rose 0.2% in the month of April, continuing a streak of similar increases over the past year. Of all the Canadian cities, St. John’s experienced the largest property price growth at 1.0%, which is a significant increase compared to many stagnant months after an advance ... Read More »

The CMHC Gets Ready for More Change

It appears that change is underway for the Canada Mortgage and Housing Corp. (CMHC) — and this is not the first time. Over the last decade, CMHC protocol has been altered many times to make federal-backed mortgage insurance more difficult to obtain. Since the CMHC is accountable for more than 75% of the mortgage default insurance market, and is 100% ... Read More »

Existing home sales edge up in August

Seasonally adjusted national home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards in August rose 4.1 per cent from the previous month. This marks the first monthly increase since March 2010. Activity was up most in Ontario and British Columbia, with monthly gains in these two provinces accounting for most of the improvement in ... Read More »

An amazing video of doctors, nurses and patients from Princess Margaret Hospital

Located in Toronto, Ontario, Canada the Princess Margaret Hospital Foundation is one of the world’s top five cancer research hospitals. This commercial features actual doctors, patients, nurses, and volunteers telling their own stories and the hospital’s in their movement to conquer cancer in our lifetime. Read More »