Real Estate News

We actively monitor sales and property values in our core market - Balsam Lake, Cameron Lake, Head Lake, Four Mile Lake, Shadow Lake, and Sturgeon Lake. We plan to use the data we've collected to identify waterfront real estate trends in the Kawartha Lakes. We also want to examine the relationship between the sizzling market in Toronto and the surrounding area and purchases of four-season waterfront properties in the Kawarthas.

Why real estate agents want customers’ ID: Ask Joe

My real estate agent wants to verify my identification using my driver’s licence. Why is this necessary? I sometimes refer to the Real Estate and Business Brokers Act, 2002 (REBBA), the statute that governs the conduct of real estate professionals...
10/12/2017
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7 Curb Appeal Tips for Fall

Make sure your house catches homebuyers' eyes this fall with these stylish updates and landscaping ideas. Making your front door the focal point of your home's exterior is a good tactic no matter what time of year you decide to sell your home....
10/10/2017
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Toronto And Vancouver Housing Is Going To Get Even Pricier

Housing in Toronto and Vancouver is very expensive, and it is going to get worse. The respective provincial governments took action to combat the rapid price growth in these metro areas, with the biggest moves being taxes aimed at foreign buyers. The...
10/10/2017
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Toronto’s falling house prices signal a return to sanity

House prices have been falling in Toronto. Yes, falling. To many people, that comes as a rude shock. Prices rose for so long that it seemed as if it were the natural state of affairs. The idea took hold that Toronto was somehow unique, its housing...
08/10/2017
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Is using an electronic signature in real estate allowed?: Ask Joe

I’m planning to buy a home after being out of the market nearly 25 years. My real estate broker suggested we use an electronic signature to sign my offer. Is that allowed?
08/02/2017
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How To Make Sure Buying A Second Home Is The Right Decision For You

Buying a second home can be risky if you’re not prepared financially to support such a large purchase. Many consumers still underestimate the implications of buying a second piece of property, whether it’s for personal use or as an investment...
07/30/2017
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Forget buying a house in Toronto: Cottages are the new ownership dream for young people, says report

With the high cost of real estate in Toronto pricing many first-time homebuyers out of the market, millennials are starting to look outside the city — way outside. They're not looking with the intention of buying a home, but rather...
07/24/2017
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What to Consider Before You Buy a Vacation Home

It’s that time of year, when legions of vacationers decide they want to take the plunge and buy a second home. And this year, perhaps, it may be especially true: The economy is firming up, interest rates are still relatively low and investment accounts...
07/18/2017
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In cottage country, sellers see a rising tide

Potential buyers may be hesitant about investing in the Toronto area real estate market but those jitters have not spread to the luxury cottage market; listings are down in Muskoka just as sales appear to be on an upswing.
07/13/2017
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City of Peterborough seeks artists and designers for two more public art projects

The City of Peterborough’s Public Art Program is continuing its efforts to make Peterborough the public art capital of Ontario with two new calls for proposals for projects in downtown Peterborough: a new mural at the YES Shelter for Youth and Families...
06/13/2017
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Strong evidence of problematic conditions persists in Canadian real estate market: CMHC - Vancouver

TORONTO — Strong evidence of problematic conditions continues to exist in the national housing market, as accelerating prices spill out from Canada’s two most expensive cities to surrounding areas, according to the federal housing agency.
06/13/2017
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Canadian real estate market outlook 2017

For homeowners the great, big, unanswered question is whether or not the Canadian real estate market will finally crash in 2017. Turns out, all reports and analysis lean towards a flattening out of property prices in most Canadian markets, with...
06/09/2017
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4 Signs Toronto's Housing Bubble Has Started To Deflate

It’s been more than a few years since Greater Toronto’s real estate professionals have felt disappointed with a spring selling season; in recent years the reaction has been closer to astonishment as the region hit one new record after another.
06/09/2017
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Economists change tune on foreign-buyers tax in Ontario

The Ontario government moved ahead with a foreign-buyers tax after earning the approval of Canada’s top bank economists in private meetings that officials say were critical to shaping a new housing policy.
06/01/2017
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A real estate broker and a housing researcher face off over Ontario’s tax on foreign buyers

Late last month, the Ontario government announced a 16-point plan for tackling exploding housing prices in Toronto and other parts of the province.
05/19/2017
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Ontario government, Toronto Real Estate Board at odds over foreign buyers

In a case of duelling data, the Toronto Real Estate Board and the Ontario government have their own conflicting calculations on the amount of foreign ownership in the Greater Toronto Area housing market and the effect it's having on skyrocketing prices.
05/19/2017
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Do you need a realtor to sell your home?

How hard is it to sell a house in the Greater Toronto Area, even with sky-high prices?
05/10/2017
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The Canadian Press explains how Ontario's new foreign homebuyer tax would work

TORONTO — A 15-per-cent non-resident speculation tax proposed by the Ontario government Thursday forms a key plank in the province's plan to cool the hot housing market in its southern cities.
05/08/2017
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Building the foundation of a homebuying budget

OTTAWA — Whether it's the sizzling real estate market or the desire for something just a little bit nicer, the temptation to stretch your homebuying budget may be tough to resist.
04/28/2017
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It's A Different Kind Of Spring Season This Year In Real Estate

Spring has sprung, and while spring season is normally an occasion to celebrate, with days growing longer, weather getting warmer and real estate heading into busy season, everything feels a little different this year.
04/28/2017
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Toronto homeowners cash out of hot real estate market amid uncertainty

Agent says some buyers are delaying purchases in anticipation of possible fixes.
04/27/2017
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Frenzied bidding wars push Toronto homebuyers to skip inspections

  In Toronto, some homebuyers are so desperate to win bidding wars that they’re rushing to make offers without even getting an inspection.
04/18/2017
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How to keep the cottage in the family

With cottage season around the corner, many owners will start thinking again about the value of their recreational property, whether to hand it over to their kids – and when.
04/18/2017
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CREA updates and extends housing market forecast - myhomepage.ca

Latest News CREA updates and extends housing market forecast The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service (MLS) Systems of Canadian real estate boards and associations...
04/02/2017
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Leaving the family cottage to children will cost you – or them - The Globe and Mail

Naming rights about more than handing over a big cheque Jessica Lyle, an estate and trust lawyer at Sealy Cornish Coulthard in Dartmouth, N.S., said many of her older clients are wealthier than their children. “I’ve had clients who bought cottages...
04/02/2017
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Cottage country realtors bracing for a busy spring - The Globe and Mail

Print License article The mania emanating from Toronto’s real estate market appears to be reaching the shores of cottage country – even before the frozen Muskoka lakes begin to thaw. “We still have snow and ice up here,” says Paul Crammond of Chestnut...
03/31/2017
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Which piggy bank’s the best for your money? | Toronto Star

The annual fight for your coin during RRSP season has noticeably tamed in recent years. It used to be at that at this point in the calendar, big banks would push customers toward RRSPs. Then they’d get a receipt in the mail and do their taxes. Pretty...
03/28/2017
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Open house | Toronto Star

Regional homes: Tour a selection for sale across the GTA and the surrounding area. 252 Silver Birch Ave. ( Keller Williams Referred Urban Realty ) 252 Silver Birch Ave. ( Keller Williams Referred Urban Realty ) 252 Silver Birch Ave. ( Keller Williams...
03/15/2017
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Canada's key housing markets diverge as Toronto booms, Vancouver falls

ROY Canada's key housing markets diverge as Toronto booms, Vancouver falls A real estate sold sign hangs in front of a west-end Toronto property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy Posted: Friday, February 3, 2017 10:13 am | Updated:...
03/06/2017
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TREB Market Year in Review Outlook Report 2017: Connecting to Affordability |

Affordable home ownership is a growing concern and remains a priority issue for The Toronto Real Estate Board. Housing prices continue to rise across all home types in the GTA as the supply of listings remains constrained. On January 31, TREB will release...
03/02/2017
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Why your real-estate agent should have a RECO certificate: Ask Joe

My salesperson took me to see a condo, but we were denied entry because he didn’t have his RECO certificate. What is that? In Ontario, individuals who are in the business of trading in real estate must be registered through the Real Estate Council of...
02/28/2017
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The best way to Prepare for any Loan From a Tough Revenue Lender

January 30, 2017 Business & Professional Services Press Release No comments Borrowing from really hard dollars lenders is often a lot easier than you might count on. If you have the collateral inside the type of real estate, house, or assets, most lenders...
02/28/2017
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2016 was a record-setting year for Canada's housing market - The Globe and Mail

The Globe and Mail2016 was a record-setting year for Canada's housing marketThe Globe and MailThe average price for various housing types sold nationally for all of 2016 reached a new yearly high of $490,495, up 10.7 per cent from 2015, though there...
02/28/2017
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Timing is everything

T. CHANDLER HALIBURTON | BUYING AND SELLING Published February 25, 2017 - 2:56pm Trends point toward the spring and early summer as the most active times of the year When is the best time to buy/sell? I’m asked this question probably as much as any...
02/28/2017
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Selling own home takes long hours and specialized knowledge

I’m selling my home. Is there a way I can list it on realtor.ca, but still do most of the selling work myself? What you are asking for is a limited services agreement, or “mere posting.” This is when a real-estate brokerage agrees to list the home on...
02/28/2017
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