How has the Ontario Fair Housing Plan Impacted the Market?
By: Zoocasa How have buying conditions changed across the province since the Ontario Fair Housing Plan (FHP) was introduced two years ago? The 16-part set of measures was announced by the now former Liberal provincial government in April 2017 in efforts to cool the red-hot housing market;… Read More
Single Awareness Day: Buying a Home with a Single Income
Although dual-income households can improve purchasing power and the ability to qualify for a mortgage, a significant number of home buyers are going through the process solo. But how affordable is it to buy a home on a single income in Canada? A study by Zoocasa looks at the… Read More
The Hidden Cost of Buying a Home
What does it cost to buy a house or condominium these days? Depending on which province and city you live in, mortgaging any kind of home can definitely run into the hundreds of thousands of dollars. And it’s not just the mortgage itself that costs money. When you’re… Read More
Renting vs. Buying a Home
The choice between renting a home or purchasing it can be a difficult one to make. Both options certainly have their pros and cons. In the end, your decision should be based largely upon your own personal needs, life goals, and financial well being. Trying to… Read More
Building Your Credit to Buy a House
Home-ownership continues to be a dream for most Canadians, but this goal is often out of reach for many who still struggle with a poor credit score. Most conventional lenders typically require a healthy credit score of anything over 680, though there are loan options available to those… Read More
Everything You Need to Know About The Unregulated Mortgage Market in Canada
When it comes to getting a mortgage, it’s typical for borrowers to get in touch with a bank or mortgage broker to help get access to funds needed to make a home purchase. But banks and credit unions aren’t the only entities that… Read More
How to Enter The Canadian Housing Market Today
The housing market in many centres across Canada is pretty hot, with the price of housing skyrocketing in many cities. As of January 2018, the national average price for a home is just over $481,500, which is up 2.3% from January 2017. That price is… Read More
How to Rent to Own in Ontario
With today’s housing prices going through the roof in many city centers across Canada, it can be really tough for the average Canadian to be able to afford a home. Particularly in markets such as Toronto, Vancouver, and Montreal, where housing prices have been increasing by large amounts… Read More
8 Things You Need to Do Before Selling Your Home
Selling your home is a huge deal. Your home is likely the biggest financial investment you’ve ever made or will make in your lifetime, so it’s critical that you handle its sale properly when it comes time to list it on the market. The better… Read More