THE VAULT2022-11-09T14:58:14-05:00

THE Blog VAULT

My philosophy is that information is power. I want you to be equipped with all the details you need to make informed and strategic decisions. Take a dive into The Vault below!

The Foreign Buyer Ban: Will it Help the Housing Market?

The Foreign Buyer Ban: Will it Help the Housing Market? New Law is another governmental move to increase supply for Canadians Before the Ford government introduced their More Homes Built Faster Act, Canadian Parliament introduced their own measure in June. Both measures aim to increase housing supply. So as of January 1, 2023, anyone who is not Canadian or a permanent resident will be unable to purchase residential property anywhere in Canada. This exclusion is contained in the Prohibition on the Purchase of Residential Property by Non-Canadians Act. The details What we’re not yet sure about is whether any [...]

Categories: Real Estate 101|

What does Ford’s New Housing Plan Mean for GTA Real Estate?

What does Ford’s New Housing Plan Mean for GTA Real Estate? Legislation Aims to Increase Toronto’s Housing Supply With the housing shortage in Ontario not getting any better, and the real estate market relatively stagnant, the Ford Government has a plan. They’ve tabled new legislation that will signal the end of zoning for single-family homes.  Specifically, the legislation’s primary aim is to increase housing supply in Toronto and select other jurisdictions. Another objective of the changes is to help drive down housing costs. As a real estate agent, I welcome all of the above desired outcomes! But, what are [...]

Categories: Real Estate 101|

October 2022 Market Report – A Holding Pattern

October 2022 Market Report – A Holding Pattern We expected the month of October to begin to show some signs of market growth. Instead, the GTA real estate market is largely stable. Why? The sellers that we expected to put their properties on the market haven’t materialized yet. As a result, the buyers looking to take advantage of prices under-asking haven’t either. October sales were down significantly and not surprisingly, so were new listings. Many other agents have also commented on the lack of quality inventory. In fact, October felt a lot like September to me. And while sometimes [...]

Categories: Market Insights|

How To Shift from Condo Owner to Home Owner

How To Shift from Condo Owner to Home Owner You’re ready. You’ve been living in a condo or condos over the last two, five, or maybe even ten years or longer. But now, you’re thinking about looking at a house for you and your family.  But moving from a condo into a house can be an adjustment. There are things that you need to know so that you’re fully prepared if you make the switch. It is definitely exciting, but don’t be caught off-guard by some of the differences.  Here are three differences to be prepared for: Size Maintenance [...]

Categories: Real Estate 101|

September 2022 Market Report – A Slow September

September 2022 Market Report – A Slow September There were signs of momentum building in the real estate market in August as September approached. The sales numbers indicated an upward trend, so there was some optimism for September's market report even though historically, it’s not a strong month. Despite those positive signs in August, they disappeared in early September. And they have yet to resurface. What happened? While there were plenty of buyers looking for houses in September, there wasn’t much new inventory for them to see. What has also happened is that in many cases, the buyers aren’t [...]

Categories: Latest Articles, Market Insights|

Fall Events in Toronto: What You Can Do in the New Season

  Fall Events in Toronto: What You Can Do in the New Season Fall is upon us, and with the change of season comes a bunch of exciting events in and around the city for you to enjoy. Here are some of the top fall events in Toronto to help you and your family get into the cooler months. Just For Laughs September 22 to 30 Get your pass for this festival and enjoy shows by Amy Schumer, Katya, Trevor Noah, and John Mulaney, among many others. With this year’s events featuring an interactive pass-based ticketing and reservation system, it’s [...]

Categories: Community|
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