Yasir  Khan

Yasir Khan

Sales Representative

RE/MAX IMPACT REALTY BROKERAGE*

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Yasir Khan's blog

Greater Toronto Housing Market: 25-Year Comparison

Exceptional gains in Greater Toronto housing market fuelled by rapid population growth, land scarcity and low interest rates

Average price increased more than 450 per cent, while unit sales have doubled since 1996 

What is the Mortgage Stress Test in Canada?

A common goal for many Canadians upon completing their education and gaining employment is purchasing their first home. Home ownership is, after all, the Canadian dream. While it’s general knowledge that saving money for a down payment is the first step to eventually purchasing a home, many are not aware of the mortgage stress test. So, what is the mortgage stress test in Canada, anyway?

Toronto Housing Market Outlook (2022)

Toronto housing market could see prices rise 10% this year

GTA condos could lead price growth this year as gap widens between detached homes

It’s not unsurprising that detached homes would cost far more than your average Toronto-area condo. However, the price difference between the two property types has grown to its second-widest point in more than ten years, a trend that could lead to significant condo price growth this year.

What Is a Reverse Mortgage?

Typically, when tapping into your home’s equity, one uses a home equity line of credit (HELOC) or refinances their mortgage. What if we told you this was not the only way to free up home equity for other purposes? While a traditional mortgage is a loan secured by a home or property, the borrower must pay back the loan each month with interest throughout the loan lifetime. A reverse mortgage is the opposite. So, what is a reverse mortgage anyway?

What Happens at a House Showing?

What happens at a house showing? This important question has historically been eclipsed by others like, “How much should we list for?” and “How long will it take to sell?” However, COVID-19 has home many sellers considering showings from a different perspective, with extra attention paid to safety, convenience and current best-practices (think technology). Here’s what home sellers can expect when they’re showing their home, and how they can maximize this opportunity to yield higher offers and quicker sale.

Toronto Housing Market NOT in a Bubble, Says Bank of Canada

The Vancouver and Toronto housing market has been sizzling during the pandemic housing boom. Despite a tepid slowdown in the first couple of months of the COVID-19 public health crisis, both cities have been soaring ever since.

Ontario Housing Task Force: 1.5M Homes Over 10 Years is “Achievable”

The Ontario housing market is in dire need of supply. With rising residential prices far outpacing incomes, and not enough homes on the market for everyone who wants to buy one, the supply issue is the root of the Ontario’s­—and Canada’s—housing affordability crisis. It’s been long said by RE/MAX Canada executives and other industry insiders, and now by the Ontario government.

Ontario Housing Task Force: 1.5M Homes Over 10 Years is “Achievable”

The Ontario housing market is in dire need of supply. With rising residential prices far outpacing incomes, and not enough homes on the market for everyone who wants to buy one, the supply issue is the root of the Ontario’s­—and Canada’s—housing affordability crisis. It’s been long said by RE/MAX Canada executives and other industry insiders, and now by the Ontario government.

10 Tips for Getting the Best Mortgage Rate in Canada

When you purchase a home, a down payment is typically applied to the purchase price, and the balance is to be paid off over your term of the mortgage. The loan you receive from a lender in order to pay for the house is called a mortgage. 

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