Tag: realtor
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Landlords Offering Free Rent and Other Incentives to Attract Tenants in Canada’s Evolving Rental Market
As Canada’s rental market undergoes significant changes, landlords are increasingly offering incentives such as free rent, complimentary Wi-Fi, and other perks to attract tenants. This trend is particularly evident in major urban centers like Toronto, where competition among property owners has intensified due to rising vacancy rates and an influx of new rental units. The…
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First-Time Home Buyer in Canada? 2025 Programs, Grants, and Loopholes You Need to Know
Entering the Canadian housing market as a first-time home buyer in 2025 presents both opportunities and challenges. With various programs, grants, and tax incentives available, understanding these options can significantly ease the financial burden of purchasing your first home. Below is a comprehensive guide to the key initiatives you should be aware of. 1. Home…
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What $1 Million Gets You Across Canada in 2025
Wondering what $1 million buys you in Canada in 2025? While real estate prices in Toronto and Vancouver often dominate headlines, there’s a whole world of opportunity outside these high-priced markets. If you’re looking to stretch your budget and get the most value for your money, many Canadian cities still offer spacious, stylish homes at…
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AI-Powered Real Estate: How an AI Agent Generated $100M in Sales in Portugal
The Future of Real Estate is Here Artificial intelligence is revolutionizing the real estate industry, and Porta da Frente Christie’s is leading the charge. The Portuguese brokerage firm has achieved a staggering $100 million in sales, thanks to the groundbreaking implementation of eSelf AI’s AI-powered real estate agent. How AI is Transforming Property Sales The…
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Canada’s New Mortgage Reforms Take Effect December 15 and Here’s Everything Homebuyers Need To Know
The Canadian government is introducing major mortgage changes that will take effect on December 15, 2024. These reforms are being called the “boldest in decades” and are designed to tackle the country’s housing affordability issues, especially in expensive cities like Toronto and Vancouver. Key Changes Starting December 15 Raising the CMHC Insured Mortgage Cap The…
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Toronto Proposes Down Payment Assistance for High Earners in the 80th Income Percentile
Toronto is considering a new housing initiative that could help higher-income earners in the 80th percentile of incomes buy homes by providing down payment assistance. This program aims to make homeownership more attainable for residents who earn between $125,000 and $150,000 annually but still struggle to afford homes in the city’s competitive market. If implemented,…
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Here’s the Income Bracket You Need to Afford a Home in Major Canadian Cities
Canada’s housing market is one of the priciest in the world, leaving many wondering: How much do I need to earn to afford a home in cities like Toronto, Vancouver, or Calgary? The good news? Dropping mortgage rates, higher inventory, and flexible sellers are making homes slightly more accessible. The bad news? Prices in most…
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Toronto Home Sales Jump 44% in October as Rate Cuts Draw Buyers Back to the Market
Toronto’s real estate market saw a major upswing in October, with home sales in the Greater Toronto Area (GTA) surging 44.4% year-over-year, according to the Toronto Regional Real Estate Board (TRREB). Industry experts say recent rate cuts by the Bank of Canada have boosted affordability and spurred buyers to return to the market, especially as…
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Canadian government announces boldest mortgage reforms in decades and here is everything you need to know
The Department of Finance Canada has rolled out some big changes to mortgage rules, aiming to make it easier for Canadians, especially Millennials and Gen Z, to buy their first home. Starting August 1, 2024, new mortgage regulations now allow 30-year insured mortgage amortizations for first-time buyers purchasing new builds. Key Mortgage Reforms You Should…
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Ontario Listings of the Week- Friday, July 26, 2024
Welcome to our weekly roundup of Ontario’s top listings! Every week, we feature the best properties across the province, from cozy condos in the city to multi-million dollar mansions with the backyard of your dreams. See below to discover your future home or browse to stay on top of the current market. Here are the…
Canada Housing Market 