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Ontario Housing Market Update: May 2024

As the Ontario housing market navigates through the first half of 2024, May presents an intriguing shift in trends. After a steady growth trajectory from January to April, the market experienced its first dip in average prices for the year, with a modest 1% decrease. Despite this, the sector shows s
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Boom & Balance: Why Ontario's Thriving Cities Are Ideal For Investors

Ontario stands out as a prime investment destination in Canada, offering a combination of robust population growth, high density in key cities, and significant potential for market expansion. The province's unique appeal is evident in its strong demographic trends and thriving urban centres. Ontario
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Ontario’s 2024 Rental Market Revealed: Trends You Need to Know

As of the latest available data, Ontario is home to more than 1.7 million renters, representing a 10% increase since 2016. This surge in the number of renters aligns with a significant rise in rental prices across the province, with average rental prices having increased by 27% between 2016 and 2021
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5 of the Most Affordable Ontario Homes Sold in April Under $300K

The housing affordability crisis has always been a growing concern in the country, but in recent years, it has become a much bigger issue. We have all seen and heard headlines of how the average Canadian has been priced out of the housing market.
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What Happened to the Canadian Real Estate in Four Years 2020–2024?

Over the past four years, the Canadian housing market has undergone significant fluctuations, driven by various factors such as the COVID-19 pandemic, interest rate changes, and seasonal trends. Understanding these dynamics is crucial for both buyers and sellers aiming to make informed decisions. He
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Understanding the Basics: Requirements for Self-employed Mortgages in Canada

Do you have any idea about the number of self-employed Canadians who don’t have a steady income? It’s over 2.6 million, representing a substantial 15% of the Canadian workforce.
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What You Can Get in $500K in These Cities of Ontario?

Thinking about buying a home in Ontario but worried about breaking the bank? You're not alone. Ontario's housing market is known for its high prices, particularly in the Greater Toronto Area (GTA). But fear not, prospective homebuyer! Today we will be your guide to finding a piece of the Ontario dre
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How to pay your mortgage faster and save on interest?

Are you curious about ways to pay off your mortgage more quickly? Every borrower who has a mortgage wishes to save on the interest. The good news is, that there are several options available to pay off your mortgage faster. But, before considering these options, you need to consider your present fin
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How Renovation and Remodelling Can Boost Your Property Value?

"If it isn’t broken, don't fix it." Whoever said this probably never owned a home, because when you own a home, the desire to change things up is irresistible. Whether you're planning a kitchen remodel to create your dream cooking space where even Gordon Ramsey would want to cook, a bathroom update
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The Red Hot Ontario Market: Keep Your Eyes on These Cities

The Ontario housing market is a big deal right now, with prices going up steadily all over the province. That is why today we are taking a closer look at why this is happening and checking out some of the fastest-growing cities. If you're thinking about buying a home or investing, you might find som
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Ontario Housing Market in 2024: Boom or Bust? A Deep Dive and Predictions

It's May 2024, and the Ontario housing market is a different beast than it was in January. Interest rates have held for months, inflation is showing signs of cooling, and the government is taking action. Remember the first-time buyer incentive? Gone. But there are amendments in the Home Buyers Plan.
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Who Is the Perfect Canadian Condo Buyer?

The concept of a "perfect condo" can be a bit of a myth. After all, the ideal condo will vary depending on factors like location, size, and amenities. However, there's no denying the surging popularity of condo living in Canada. From bustling city centres to vibrant suburbs, condos offer a unique li
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