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From the Blog

Canadian First Time Home Buyers Increase their Budgets

According to a Bank of Montreal Study the average first time home buyers have increased their budget to $316,000.00 This is up almost 6% from an average of $300,000 in last year's report on first time home buyers.   What is even more interesting is that buyers in Vancouver, Calgary and Toronto real estate have even higher budgets for their first homes.   The numbers from the online interviews conducted by BMO from January 25 - March 6, 2014:  Approximately 30%  of … [Read More...]

New Rules for Real Estate Fees in Ontario

What Buyers and Sellers have to know: The Government of Ontario has changed the rules giving consumers and real estate brokerages more options and flexibility regarding how real estate services  and commissions are paid. What has changed?  The changes have been brought by the Stronger Protection for Ontario Consumers Act, 2013, and effective as of December 12, 2013.  Previously, real estate brokerages could charge customer wither a flat fee or a percentage of the … [Read More...]

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