It’s hard to find a story on real estate these days that doesn’t bring up housing affordability. We’re constantly reminded that the average home in Toronto and Vancouver sells for over $1 million. If I was a first-time homebuyer, I’d feel like homeownership is impossible. The good news is that couldn’t be further from the […]

Another month, another housing market change. On November 30th another new set of mortgage rules came into effect. This follows the first set of mortgage rules changes introduced October 17. The second round of mortgage rules can be a little more complicated. To better understand them, it helps to first know how non-bank (monoline) lenders […]

How would you like to meet lots of interesting people and burn your mortgage years soon? Have you ever considered being an Airbnb host? In Vancouver, where the average price of a detached home goes for over $1 million, homeowners are increasingly turning to the sharing economy to help subsidize their mortgage. A recent study […]