Rent prices resumed their upward trajectory in December, ending the year 8.6% higher from a year ago. The average rent price for all unit types rose to $2,178, according to data from Rentals.ca‘s latest monthly data. Looking back over the past two years, rent prices have risen 22%, or an average of $390 a month. “The [...]
Home sales across Canada spiked by 11.3% in April compared with the previous month as activity in the housing market continued to gather pace. While April sales were 19.5% lower than the same month last year, CREA noted that the yearly decline was much less pronounced than in previous months – a sign that the [...]
Amazing article where our own Rachel Oliver is the star of the story! Find out more about Rent-to-Own and how Canada is buying into the concept as a way to break into the housing market. Read Full Story Here
Have you recently been declined for a mortgage because you have credit challenges, carrying some debt or dont have the required down payment? Homeownership could still be a reality with some creative planning and resourcefulness Understanding the qualification process is the key to finding a way to make it work. The mortgage amount a buyer [...]
The rising cost of housing in Canada is highlighted in a new report that shows that renters are often paying a significant amount more than homeowners. According to research from RateSupermarket.ca, 44% of renters said they are paying more than a third of their income for housing while this is true for just 20% of [...]
