24 10, 2017

How Your Buying Power May Change Next Year

2019-02-21T04:26:37-05:00October 24th, 2017|Comments Off on How Your Buying Power May Change Next Year

On October 17, 2017, the Office of Superintendent of Financial Institutions (OSFI) announced three mortgage rule changes effective January 1, 2018. First, a list of terms you need to know: Insured Mortgage/High Ratio Mortgage: less than 20% down payment Non-insured Mortgage/Conventional Mortgage: 20% or greater down payment/equity Bank of Canada Rate: the 5 [...]

5 10, 2017

September 2017 Market Report

2019-02-21T04:26:47-05:00October 5th, 2017|Comments Off on September 2017 Market Report

The Toronto Real Estate Board (TREB) said the average GTA home sold for $775,546 in September, up 5.9 per cent from August's average of $732,292. Market Report: GTA - September Year Over Year Prices were up 2.6 per cent compared with September last year, but remain 15.8-per-cent lower than they [...]

3 10, 2017

Vision Georgetown Update

2019-02-21T04:27:05-05:00October 3rd, 2017|Comments Off on Vision Georgetown Update

The Town of Halton Hills recently released its Draft Preferred Land Use Plan for the Vision Georgetown lands, a 1000-acre development between 10 and 15 Side Roads, and Trafalgar Road and Eighth Line. The Vision Georgetown plan is slated to accommodate roughly 19,000 new residents, occupying 3,478 detached homes, 1,950 [...]