Are townhomes as both an investment and an affordable alternative to detached homes being overlooked?  Quite possibly for the investment and almost certainly for living in it for a family of four.  Let's face it, many home owners aspire to have a fully detached home with a fenced yard big enough for 'Rover' to run around.  But when it comes to affordability for a family of 4, a 3 bedroom townhome may be the best alternative there is.   Consider the average... [read more]

It’s May 30th 2019, and I’m doing what I often do, scrolling through the new listing activity and sold stats on the Toronto Real Estate Board.  Like many days, there are some nice new listings at reasonable prices and some nice new listings at ridiculous prices.  Today it’s a sold listing that caught my eye.  A mid-range townhome complex in Erin Mills that has historically had sales in the mid to high $500’s over the last year or so.  This townhome... [read more]

Canadian Housing Market Conditions Expected to Shift in 2023 November 29th, 2022 Sixty per cent of Canadian housing markets anticipated to be balanced in 2023 RE/MAX Canada expects average residential prices to decrease by 3.3 per cent in 2023 The biggest price declines across the country are expected in Ontario and Western Canada, where some markets may see average residential sale prices decrease by 10 to 15 per cent Price growth outlooks are anticipated in Atlantic... [read more]