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January 2015 - Posts

Report: Purchasing pricier home close to work makes better financial sense for GTA buyers
GTA homebuyers have admitted in 2012 and 2014 surveys by RBC and Pembina that they’d prefer a walkable neighbourhood, close to work and accessible by rapid transit, even if it meant living in a smaller home. Yet 82 per cent admitted that price ultimately Read More...
Lower rates will boost buyer confidence
As the Royal Bank of Canada leads other major banks in lowering five-year fixed mortgage rates, some industry experts believe there won’t be much of an impact on how the housing market performs in 2015. “I don’t believe a quarter-point Read More...
Toronto is becoming ‘the New York of the North’
House prices in Toronto will continue to be out of reach of many homebuyers even if there is moderation in the coming years. That’s according to a new report by TD Economics that highlights government regulations and taxation among the factors affecting Read More...