Dear Friend   I would like take a moment to raise your attention toward a serious problem for all Canadian homeowners.   The Liberal Party of Canada has begun steps toward imposing a "capital gain" tax, which would claim upwards of 50% of the difference between the purchase and sale price of your home (principal residence) upon sale. It is extremely important that this does not come to fruition as the financial... [read more]

  Please read an overview Market Watch report for April 2020 here, and TRREB's (Toronto Regional Real Estate Board's) News Release here.   Housing Market Charts, a series of bar charts that allows you to compare April's housing figures with those of the previous three years. Market Watch by the Numbers (here).   Click here to view the full Market Watch by the Numbers infographic. Below, TRREB has gathered a list of coverage from national and local... [read more]

For a look at the impact of Covid-19 on the housing market and the property tax deferral schedule please view Toronto Regional Real Estate Board's MLS® System reporting results for April 1-17, 2020 in my three attached documents.   Below, is a list of coverage from national, provincial, and local media outlets for you. Toronto home sales fall 69% amid coronavirus pandemic - Global News Greater Toronto Area home sales down 69% mid-way through April -... [read more]

Please find an attached copy of January/February 2020 Real Estate Newsletter and Toronto Real Estate Board Market Information: Read the complete TREB's News Release here. Market Watch video, which you can view from TREB's YouTube Channel. Market Watch by the Numbers (here), an infographic that offers an illustrative overview of December 2019 and the 2019 year in review. Below, TREB has gathered a list of coverage from national, provincial, and local media outlets... [read more]

In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]