If you own property in Brampton right now, you’re living through something unprecedented. This city of nearly 800,000 people, one of Canada’s fastest-growing suburbs, is now ground zero for one of the most alarming power of sale surges in Ontario’s history. According to a new database compiled by industry professionals, Brampton now trails only TorontoContinue reading “Brampton’s Power of Sale Crisis: What Every Homeowner Needs to Know Before It’s Too Late: The Storm That’s Already Here”
Tag Archives: real estate investment
Part 1: is homeownership right for you in this market?
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?”
buyers seize the moment: practical tips to save for your down payment in Toronto’s current market
Current market conditions present an unprecedented opportunity for prospective homebuyers in Toronto’s condo market. As I have extensively covered in my previous blog posts, we are witnessing a significant buyers’ market with condo prices at multi-year lows and a large number of units selling below asking price. This downturn, combined with my earlier analysis ofContinue reading “buyers seize the moment: practical tips to save for your down payment in Toronto’s current market”
Toronto pre-construction condo market plummets, leaving buyers in limbo
Latest statistics are pointing to the once-thriving pre-construction condo market in Toronto and the GTA (Greater Toronto Area) having hit a historic law, sending shockwaves through the real estate industry and leaving many buyers in a precarious position. What I am seeing in my every-day practice is that this downturn has created a perfect stormContinue reading “Toronto pre-construction condo market plummets, leaving buyers in limbo”
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 