by Renee Wynter | Sep 2, 2022 | Blog, Economy
Everyone seems to be talking about inflation more than ever these days. And while Inflation in Canada has come down a little recently, it remains far too high. After rising rapidly to reach 8.1% in June, inflation as measured by the consumer price index (CPI) was 7.6%...
by Renee Wynter | Aug 19, 2022 | Blog, Homeownership
Toronto recently joined the roster of Canadian cities allowing for garden suites – secondary freestanding backyard homes that tie into a main residence’s services and utilities – which has many people wondering how this could help make housing more affordable. Garden...
by Renee Wynter | Aug 5, 2022 | Blog, Finance
As inflation soars to a 40-year high, and with interest rates expected to continue rising, many Canadians are feeling financially stretched. For those with a mortgage up for renewal, the prospect of dealing with higher mortgage payments is very real. That said, there...
by Renee Wynter | Jul 15, 2022 | Blog, Economy, Homeownership
In an effort to stabilize the economy and curtail rising inflation and hot housing markets, the Bank of Canada (BoC) has been steadily increasing interest rates – most recently on July 13th when the overnight rate rose a full percent, which was the fourth consecutive...
by Renee Wynter | Jul 1, 2022 | Blog, Homeownership
Ottawa has launched the first phase of its Canada Greener Home Loan program, which offers interest-free loans to Canadians planning upgrades that will have a significant impact in reducing their home’s environmental footprint. The program provides interest-free loans...
by Renee Wynter | Jun 17, 2022 | Blog, Homeownership, Mortgage
As the number of Canadians living alone continues to rise and the average size of households shrinks, the idea of the “nuclear family” as the typical Canadian household isn’t as accurate as it has been in past decades. If you’re buying a home on your own and wish to...
by Renee Wynter | Jun 3, 2022 | Blog, Economy, Homeownership, Mortgage
Over the past few years, house prices have seen staggering growth, rising significantly faster than average incomes and making the dream of homeownership increasingly difficult. Rising interest rates and relentless competition are also contributing to a sizzling...
by Renee Wynter | May 20, 2022 | Blog, Homeownership, Mortgage
Looking to Buy a Home? Federal Budget Initiatives May Help 5 housing-related highlights from the federal budget: Tax-Free First Home Savings Account. Beginning in January 2023, this new account will allow prospective homebuyers to contribute up to $40,000 ($8,000 per...
by Renee Wynter | May 6, 2022 | Blog, Homeownership, Mortgage
Rather than going it alone, you may want to consider hiring a property manager whose services can be indispensable. If, for instance, you aren’t inclined to dedicate your coveted free time to emergency requests, weekend repairs or filling vacancies, leave the details...
by Renee Wynter | Apr 22, 2022 | Blog
In recognition of Earth Day on April 22nd, many households plan to get connected with the earth by helping create meaningful change and making the planet a healthier place to live. This is also a great opportunity to show your kids how being a responsible homeowner or...
