Category Archives: Real Estate

Federal government may make changes to home buying

Posted ago by Mathieu

According to the Globe and Mail, CTV is set to report the federal government is considering raising the minimum down payment for homebuyers and reducing the amortization period due to fears in the capital consumers are taking on too much debt. …

Jim Flaherty says no to mortgage interest being tax deductab

Posted ago by Mathieu

Minister of Finance, Jim Flaherty said “No,” point blank to a question from a CBC National viewer regarding whether or not the federal Tories would ever consider making mortgage interest tax deductible. He also spoke of the new savings plan …

No power but breaker not tripped

Posted ago by Mathieu

Last night our power went out in our bedroom and part of the downstairs. I checked the electrical panel but the breaker wasn’t tripped. I had no clue what it could be but some google searching revealed that if a …

Real estate news meant to sell newspapers, not reflect reality

Posted ago by Mathieu

Recently, the Toronto Star published an article with the headline GTA house prices fall. The author made a fine point of letting everyone know housing prices are down 3 per cent in the Great Toronto Area (GTA) from the same …

Why Canada isn’t facing a housing bubble

Posted ago by Mathieu

If you’ve spent time chatting with me or reading a few of the posts on this site regarding real estate then you’ll know I’m bullish on the housing market. Quite often I hear people talk about the housing bubble in …