Blog
Canadian Home Sales Edge Up
Canadian Home Sales Edge Up Ottawa, ON, November 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a modest monthly increase in October but remain below levels recorded one year ago. Highlights: National home sales rose 0.9 per cent from September to October. Actual (not seasonally adjusted) activity […]
OSFI Will Be Introducing a New “Stress Test” for Uninsured Mortgages (greater than 20% down payment) Effective January 1, 2018.
The Office of the Superintendent of Financial Institutions (OSFI) released new guidelines for the mortgage industry, which include a “stress test” for uninsured mortgages. Home buyers with 20% or greater down payments will need to qualify for their mortgages using the higher of the average 5-year posted rate (currently 4.89%) or 2.00% higher than their actual mortgage […]
Understanding Ontario’s Real Estate Boom – Presentation by Craig Alexander
On Wednesday, September 27th, we had the privilege of attending a presentation given by Craig Alexander, the Senior Vice-President and Chief Economist at the Conference Board of Canada. For a bit more insight into the Conference Board and Mr. Alexander’s background, click here. The subject of the presentation was ‘Understanding Ontario’s Real Estate Boom.’ We […]
Bronte Village Mall Redevelopment
Here’s a brief synopsis about the redevelopment of the Bronte Village Mall for anyone that missed the August 30th meeting. The site has been approved for an attractive, tiered luxury rental apartment complex complete with a market square and select retail. We can expect the demolition of the mall with the exception of the […]
Did You Know?
A cloudy day is the best time to clean your windows. Why? Because the sun is not strong enough to dry the cleanser before you’re done wiping off the window. To prevent stains on granite counters, be sure to get them sealed before they’re installed and one year following installation. You will know if they’ve […]
Royal LePage National Garage Sale for Shelter – Sat. May 13th
Team Masterson is pleased to be participating along with their brokerage office, Royal LePage Realty Plus Oakville in the 9th annual National Garage Sale for Shelter this Saturday, May 13th from 8:00 am to 1:00 pm. The event takes place at our brokerage office, 2347 Lakeshore Road West, Oakville. This event is held each year […]