How Much Are Real Estate Commission Rates in Canada?
Home Ownership / Mortgage News / Mortgages / Selling Your Home

How Much Are Real Estate Commission Rates in Canada?

When it comes to selling your home, you have to spend money to make money. Land transfer taxes. Lawyer fees. Mortgage discharge costs. But your biggest cost? Likely your real estate agent’s commission. It’s been said that Canadian sellers typically pay between three and seven per cent of their home’s selling price to their real estate agent, … Continue reading »

What Does Ontario’s Housing Plan Mean for Home Buyers and Renters?
Buying A Home / Economic News / First Time Home Buyers / Home Ownership / Lifestyle News / Mortgage News / Personal Finance / RSM News / Selling Your Home

What Does Ontario’s Housing Plan Mean for Home Buyers and Renters?

Facing rapidly rising home prices in the GTA, last month the Liberals introduced a 16-point plan to cool the red-hot real estate market. Ontario’s Fair Housing Plan includes a number of measures to address the escalation of home prices in…
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The Facts: What is Happening with Home Capital Group?
Economic News / Mortgage News / Personal Finance News / RSM News

The Facts: What is Happening with Home Capital Group?

Problems continue for alternative lender Home Capital Group Inc. as share prices have tumbled over the last 10 days. The chaos for the company started on April 19 when the Ontario Securities Commission (OSC) issued a notice claiming that back in 2015, two former CEOs as well as the CFO of Home Capital broke the … Continue reading »

Foreign Buyer Tax, Rent Control Announced to Cool Hell Fire of a GTA Housing Market
Buying A Home / Economic News / First Time Home Buyers / Home Ownership / Mortgage News / RSM News

Foreign Buyer Tax, Rent Control Announced to Cool Hell Fire of a GTA Housing Market

It’s no secret that Toronto’s real estate market is rising at an alarming rate. Just in the month of March, it was announced that the average home price increased by 33.4 per cent, year-over-year. The average price for a detached home in Toronto currently sits at $1.21 million. In response, Toronto Mayor John Tory, Federal … Continue reading »