Author: realtorjags
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How to Use First-Time Home Buyer Plans Twice in Canada
Canada’s first-time home buyer programs like the First Home Savings Account (FHSA) and Home Buyers’ Plan (HBP) allow multiple uses if you meet certain conditions, such as not owning a principal residence for four years. FHSA lets you save up to $40,000 tax-free, while HBP allows borrowing up to $60,000 from RRSPs, repayable over 15 Read more
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Canada’s 2026 Market Turns a Corner
Home sales are expected to rise in 2026 as stronger buyer demand and expanding inventory signal a shift toward a more active market. More Canadians plan to purchase homes next year, with first-time buyers driving momentum as confidence and affordability expectations improve. Growing listings—especially in major provinces—are helping markets move toward balance, giving buyers more Read more
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What Hidden Renovation Lies in Aging Toronto Homes?
60% of Toronto homes were built before 1981 and need major upgrades. Stalled new construction pushes homeowners to renovate instead of buying new. Energy-efficient retrofits, windows, insulation, and soundproofing lead 2025–26 trends. Smart-home tech and open-plan remodels suit condos and compact homes. Renovated Toronto homes sell roughly 7% higher than non-renovated peers. Read more
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Canadian real estate’s great divide: One market booming while the other crashes
Canadian office real estate is improving as workers return to offices, with vacancy rates dropping nationally from 18.7% to 18% and a nearly 3% decrease in downtown Toronto. No new office construction is expected, supporting further vacancy declines. However, the condo market is struggling due to tighter immigration policies reducing demand, causing prices to fall, Read more
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Ontario Housing Market Offers New Opportunities for Buyers
Ontario's housing market is expected to see a significant price drop in 2026, with Greater Toronto Area home prices forecasted to fall by 6.4%, repeating last year's decline. Despite lower prices, average GTA home costs remain above $1 million. Inventory has increased by 16.8%, offering more options for buyers. Nationally, single-family home prices may rise Read more
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Save for a Down Payment Comfortably
FHSA: Contribute up to $8,000/year, $40,000 max; tax-deductible, tax-free withdrawals for first home. RRSP Home Buyers’ Plan: Withdraw up to $60,000 per person, repay over 15 years, no tax if repaid. TFSA: Flexible, tax-free growth and withdrawals; good if plans change or FHSA/RRSP maxed. Boost savings with side income, selling items, and maximize government incentives Read more
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Empowering Homebuyers: Top Mortgage Tips for Success
Slide 1 💳 “Check credit, debt, and savings first—financial health drives mortgage eligibility.” Slide 2 🏠 “Fixed or variable rates? Know pros, cons, and hidden costs before committing.” Slide 3 📝 “Get pre-approved to know your budget and strengthen offers instantly.” Slide 4 🤝 “Mortgage experts unlock exclusive rates, negotiate terms, and simplify complex paperwork.” Read more
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Why Spring 2026 Rewards Canadian Homebuyers?
Spring 2026 likely brings more buyers off sidelines and active markets. National home prices may tick up ~1% in late 2026, modest rebound ahead. Fewer competitors + steadier prices means smarter negotiation power for you. 2026 feels like “reset year” not crash — ideal for serious buyers. Read more
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Ultimate Estate Planning Checklist for Ontario Residents
Taking inventory of assets is crucial in estate planning to ensure nothing is overlooked. Document belongings, financial holdings, and business interests, noting their locations and values. Creating a will is essential for asset distribution; appoint a trustworthy executor and consider beneficiaries carefully. Business owners should have a succession plan and may benefit from a family Read more
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GTA Homeowners Rush to Refinance Before 2026
Slide 1 Interest rates dipped this year, sparking a GTA refinancing buzz for 2026. Slide 2 Toronto homeowners reflect on credit, debt, and equity before year-end planning. Slide 3 Switching mortgage products is trending, improving cash flow and financial flexibility. Slide 4 Over 51% of mortgages will renew in 2026, fueling refinancing activity. Slide 5 Read more