April 2024

What can $1 million buy in Canada?

Posted on Apr 30, 2024



As the real estate markets vary widely across Canadian cities, a $1 million home holds different from region to region. A recent report by Royal LePage delves into what a budget of $1 million can secure in Canada's major housing markets.  

In December 2023, the average home in this price range had 3.2 bedrooms, 2.1 bathrooms, and 1,760 square feet o...

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Toronto Market Update - April 2024

Posted on Apr 11, 2024



The Greater Toronto housing market saw a slight dip in home sales last month compared to last year. Despite this, competition among buyers remained fierce resulting in a moderate increase in average home prices.
 

According to the Toronto Regional Real Estate Board, 6,560 homes were sold last month, marking a 4.5% decrease from the previous year's 6...

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Considerations Before Buying a Home with a Pool

Posted on Apr 05, 2024


Owning your own pool comes with many perks. But before your dive in, there are responsibilities and expenses that shouldn't be overlooked. Here are 5 considerations to make before buying a home with a pool. 

Weather:

Before you start to envision summer days by the pool, take a look at the climate in your area. In Canada, where weather patterns can va...

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What Is a Foreclosure?

Posted on Apr 05, 2024



Foreclosure is a legal process initiated when a homeowner defaults on their mortgage payments, leading to the forfeiture of property rights. It can be triggered by various factors, from overwhelming household debt to life-altering events like job loss or bereavement.
 In Canada, there are two primary foreclosure mechanisms:

Power of Sale

Prevalent in...

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