Yasir Khan's blog

The pandemic prompted a renewed focus on relaxation and recreation at home, making luxuries such as a large backyard, nice deck and a swimming pool highly sought-after on the real estate market. These outdoor features turn your home into a summer oasis during the warmer months. While there’s nothing wrong with wanting to make additions to your home, it is essential to consider the pros and cons of adding an expensive luxury item, like a pool.

• The cost of building a house in Canada
• Getting a loan for building a house
• Average time to build a house

You have found the ideal home. It could be the home you want to live in or one you’re hoping to use as an income property. It could be a condo, house or duplex. There’s just one issue – there are renters already living there. What do you do with the existing tenants? Buying a home with tenants is a unique scenario. The transaction goes beyond the typical buyer and seller arrangement. It can be an especially complicated scenario for the buyer.

How will higher interest rates impact my mortgage?

Home renovation projects have become quite common throughout the Canadian real estate market. Whether because people are staying home more now or they want to be more environmentally friendly, people are jumping on the renovation bandwagon.

In February, the red-hot housing market warmed up Canada’s frigid temperatures. The immediate future might not be certain, but public policymakers are exploring a series of tools to cool off the real estate market that has been soaring since the early days of the coronavirus pandemic, and before that. One of these ideas is a capital gains tax on home sales.

Interest rate increases at a reasonable schedule of four times a year would create a stable and more relaxed environment for Canada real estate over the next five years

Liveability in small Canadian real estate markets eclipses relative affordability

Price growth expected in all small markets analyzed, with average increases ranging from 3% to 20% in some areas

House insurance is critical. However, it is an added cost that sometimes people forget about when purchasing a home. While it isn’t necessarily against the law in Canada to not have home insurance when you own a home, most if not all financial institutions and lenders will ask for proof of insurance before approving your mortgage and allowing you to close on your house.

TORONTO, ONTARIO, April 5, 2022 – There were almost 11,000 Greater Toronto Area (GTA) home sales reported in March 2022, capping off the third-best March and second-best first quarter on record. Tight market conditions continued to support a double-digit annual pace of price growth, with an average selling price of $1.3 million. The average selling price dipped slightly month-over-month, bucking the regular seasonal trend.