Kim and Howard Team: The GTA’s Real Estate Solution Providers
With over 15 years of experience, Kim and Howard Team is renowned for their ability to assist clients in finding their dream homes and making profitable real estate investments. Their reputation as “The Solution Providers” reflects their dedication to delivering excellence and assuring customer satisfaction. Their expertise covers the residential, commercial, and pre-construction sectors, allowing […]
CMHC Report: An Outlook on Home Prices Reaching Peak Levels and Setting New Records by 2026
The Canada Mortgage and Housing Corp. (CMHC) predicts that by next year, home prices could equal the peak levels observed in early 2022, and by 2026, they could set new records. The latest housing market forecast from the agency, published on Thursday, indicates that despite an expected increase in rental housing availability in 2023, the […]
Don Scott’s Frank Mortgage: Changing How We Think About Home Loans
Don Scott, our latest guest on the RENN podcast, is the CEO and owner of Frank Mortgage. Don Scott is a veteran in the mortgage market with over 30 years of experience. His journey began on the Capital Market side of the business, where he worked for financial giants like CIBC, Deutsche Bank, and Maple […]
Building the Future: Canada’s $6 Billion Housing Infrastructure Fund
In an ambitious move to tackle the ongoing housing crunch, the Canadian Federal Government has announced the launch of a “Canada Housing Infrastructure Fund,” a $6 billion initiative designed to significantly accelerate the construction of new homes and enhance essential infrastructure. Prime Minister Justin Trudeau, alongside Housing Minister Sean Fraser, unveiled the plan amidst the […]
Why hasn’t the boom in Canadian condo construction led to a decrease in rent prices?
The Canada Mortgage and Housing Corp. (CMHC) reports that construction of new homes in Canada’s six largest cities remains at historically high levels, yet demand continues to outstrip supply, prompting a call for urgent action to address the shortfall. “We need everything,” emphasized Aled ab Iorwerth, deputy chief economist at the CHMC, in an interview […]
Canadian Bank Regulator Sets Mortgage Leverage Limits Before Anticipated Rate Cuts
In anticipation of potential rate reductions, Canada’s bank regulator is implementing new leverage restrictions. The Office of the Superintendent of Financial Institutions (OSFI) has instructed lenders to brace for a new loan to income (LTI) regulation. This new regulation will cap the mortgage portfolios of federally regulated financial institutions (FRFIs) at a multiple of the […]
Mindful Design: Integrating Feng Shui and Wellness Principles in Home Interiors
In real estate, a growing trend is emerging that goes beyond mere aesthetics and functionality. It’s a movement towards creating living spaces that promote harmony, balance, and well-being through mindful design practices. One such approach that is gaining traction is the integration of feng shui and wellness principles into home interiors. Feng Shui, ancient Chinese […]
February Marks a Near 20% Yearly Increase in Canadian Home Sales
The Canadian Real Estate Association (CREA) reported a 19.7% surge in home sales in February compared to the same month last year, potentially indicating the end of a relatively calm period. The association noted on Monday that the rise partly mirrors the low performance of February 2023, which was one of the weakest in the […]
Investing in Lifestyle: Real Estate in Vacation Destinations
In the scenic regions of Canada, where the calm of nature meets the comfort of modern amenities, investing in real estate in vacation spots has become a trend that blends leisure with smart financial decisions. The charm of owning a property in a holiday destination is not just about having a personal getaway; it’s about […]
Canada’s Standard of Living Dips, NBF Forecasts a Lost Decade
The National Bank of Canada Financial (NBF) has recently alerted institutions about the stagnation of the country’s productivity. Consequently, the quality of life is also stagnating as the real gross domestic product (GDP) remains at the same level it was seven years ago, and it seems to be going downhill. The Real GDP per capita, […]
