Since we are currently in a buyers market, I will be dedicating the next couple of posts to helping new homebuyers understand the home buying process. As I have extensively discussed in my previous analyses, Toronto’s condo market presents unprecedented opportunities with most units selling below asking price and an impending supply crisis on theContinue reading “Part 1: is homeownership right for you in this market?”
Tag Archives: homeownership benefits
new Statistics Canada data reveals homeownership’s wealth-building power
A new report released last month by Statistics Canada reinforces the financial advantages of homeownership over renting. The report, titled The Assets, Debts and Net Worth of Canadian Families, 2023 shows how with a median family net worth at an impressive $519,700 and median home values at $500,000, property ownership is a cornerstone of long-termContinue reading “new Statistics Canada data reveals homeownership’s wealth-building power”
SP Singh Ahluwalia 