6 Things to Never Overlook at an Open House

Monday Feb 05th, 2018


Open houses give the buyer the opportunity to walk through a property and find out whether it will be a right fit for your family or not. You can make an offer on it if you like it and think it fits your requirements. However, don’t let the excitement of purchasing a new house cloud your judgement. It’s a huge investment and you must be careful while making it. Here are some things you must never overlook at an open house.   The Layout Think about whether you want a... [read more]

A One Stop Shop For All Your Real Estate Needs

Friday Jan 05th, 2018


“To Mr. Lamba , just a heartfelt thank you from myself & my husband for the professional service you have provided during the sale of our house”- Hafsa Ahmed   And the list goes on for more and more comments and appreciations for servicing more than a decade now. Team Lamba Real Estate now as Lamba's Whitehill Team has seen and been through an immense change of all Real Estate market in GTA. We have still miles to go but we did manage to have approx 5,000... [read more]

Plans for Toronto’s Indigenous business and cultural district gaining progress

Friday Dec 29th, 2017


abstract 3d of building development concept In Communities / November 30, 2017 By Kiernan Green A location for Toronto’s first Indigenous district has been decided, with Ryerson acting as a “long-term” community supporter, according to Ward 27 councillor Kristyn Wong-Tam. In January, The Eyeopener reported that the city planned to establish an Indigenous business district at Jarvis and Dundas streets to provide... [read more]

Availability of rental housing in GTA falls to 16-year low, CMHC says

Monday Dec 18th, 2017


source: www.wavecitycenter.in Rental housing is getting harder to find in the Greater Toronto Area, although for those that already live here, that's not likely news. But a new report from the Canada Mortgage and Housing Corporation provides a statistical look at just how tight the rental market has become. The vacancy rate of rental properties in the GTA — the number of rental options currently available on the market —reached 1.1 per cent this... [read more]

Will the National Housing-Strategy impact Toronto’s real estate market? Not anytime soon, according to this economist

Monday Dec 11th, 2017


Photo: James Bombales Last week, the federal government announced the details of its new 10-year National Housing Strategy (NHS). The plan includes the building of 100,000 new affordable housing units, and the repair of 300,000 existing units. But what does it mean for Toronto’s real estate market? According to RBC Senior Economist Robert Hogue, not much — at least for now. “Really, any changes to the housing market will depend on how quickly the... [read more]

Anxious sellers in the GTA real-estate market are reviving the ‘reverse offer’

Tuesday Dec 05th, 2017


Reverse offers and other eighties fashions such as conditional offers, escape clauses and vendor take-back mortgages are staging a revival in the GTA real estate market. Fred Lum/The Globe and Mail   Carolyn Ireland Published September 21, 2017 Homeowners who steep in anxiety as their house sits on the real estate market can become intensely motivated to strike a deal. They sense interest from potential buyers: Why else would they return two or three times to... [read more]

First-time GTA home buyers take to the skies in condos

Monday Nov 27th, 2017


Condominiums house more than 20% of Torontonians and 13% of Canadians, according to the latest census. For Emily Pickles, 22, a condo in Burlington was a more affordable way to own her first home. " I wanted to own my piece of property," she said. "I wanted to be building something up myself."  (BERNARD WEIL / TORONTO STAR) | ORDER THIS PHOTO   Six hundred square feet isn’t huge. But Emily Pickles... [read more]

Ontario housing starts stable thanks to strong demand in new home market

Monday Nov 20th, 2017


The Canada Mortgage and Housing Corporation (CMHC) released its housing starts data for September 2017, announcing that the trend decreased for the first time in many months. National housing starts trended at 214,821 units, which is slightly lower than 220,573 in August 2017. The trend is a six month moving average of seasonally adjusted annual rates (SAAR). “Housing starts are trending lower in September after increasing for eight consecutive months,” says Bob... [read more]

Does the strong rental demand mean it’s time to invest?

Monday Nov 20th, 2017


The Toronto Real Estate Board (TREB) released its third quarter 2017 condo market figures, announcing significant year-over-year price growth and a drop in sales in the Greater Toronto Area (GTA). “The condominium apartment market segment has exhibited the strongest average rates of price growth since the spring, relative to other major market segments,” says TREB President Tim Syrianos. “Competition between buyers remains strong, as listings remain below last... [read more]

Average price of a new condo in the GTA increases 36%

Monday Nov 13th, 2017


The Building Industry and Land Development Association (BILD) just released its new home sales figures for September 2017, announcing that new condo sales in the Greater Toronto Area (GTA) are on pace with the 10 year average. There were 2,101 new home sales in the GTA last month, according to Altus Group, BILD’s trusted source for new home market intelligence. 83% of these sales were multi-family homes (condo units in high-rises, mid-rises, and stacked townhomes). That means there... [read more]

Toronto Real Estate Market Stats & Predictions

Monday Nov 06th, 2017


Resale home sales momentum picks up in October. TREB’s latest news release on Nov 3rd, shows an unusually strong growth of 800 homes sold in October vs September. Click here to see the latest home prices. While the talk has been about rocketing house prices in Toronto and a possible housing crash the Toronto condo market is blooming. The upcoming mortgage changes in January means buyers are putting rush orders in now. Condos below $500k are selling well and will... [read more]

Will Toronto’s Commercial Real Estate Boom as Investors Diversify Portfolios?

Monday Oct 09th, 2017


Commercial real estate remains awash in Toronto. It continues to allure an assorted group of keen buyers deploying an ample supply of capital across classes of asset and geographical boundaries. Despite of current interest-rate hike and various global political, economical and property market conditions, commercial properties have been a better place to invest. In other words, real estate has been recognized as a real alternative asset class to stocks and bonds in Toronto. Investment in... [read more]

Do You Know of a City In GTA Where Hot Real Estate Will Not Cost You $1M??

Thursday Oct 05th, 2017


In GTA's high-priced housing market, where owning a single-family home is exceedingly high, the City of Brampton signifies rare evidence where detached homes still average for less the million-dollar mark. Constantly being ranked high on the list of top places to invest, the diverse city, Brampton is yet far from the "affordable housing market". As prospective buyers relate, a six-figure household income is still required to buy a property in the major suburb. An... [read more]

Looking For A Property In Canada? Try The Apartments For Sale In Mississauga!

Friday Sep 29th, 2017


Properties in Canada are extremely alluring. They are so very desirable that the real estate market is one of the most profitable businesses there. It is very easy to sell houses in Mississauga these days. There are many developers there who after many years of building quality homes, and being in this business, have selected standard building features that represent the most popular finishing items chosen by the customers. This gives you an excellent point to start the... [read more]

Did the Bubble Burst? Buyers Welcome Cool-Down in Toronto Housing Market

Wednesday Sep 27th, 2017


Canada’s long housing boom has already begun to cool dramatically in the wake of rule changes aimed at what many feared was a housing bubble, particularly in Toronto. The fresh rate rise is expected to exacerbate the slowdown. The psychology of the market is that people are saying ‘The party is over; the era of sub-3 percent mortgages is done.’ But according to economists, we have definitely popped that bubble, which could make things a bit easier for would-be buyers in the... [read more]

How A Commercial Real Estate Broker Can Help You in Toronto?

Monday Sep 25th, 2017


Hiring a good, knowledgeable and of course a licensed real estate agent is your best bet for buying or selling off properties because such brokers or agents are experts in their trade. There is much more to a commercial real estate broker than just locating the right property and negotiating the deal terms. To help the buyers, the real estate brokers need to have authentic license. When you are planning to sell houses in Mississauga, you should be very clear about their... [read more]

Getting A Mortgage Loan In Canada? Follow These Dos And Don’ts

Friday Sep 22nd, 2017


The lowest possible rate is how many define a good mortgage. It’s tough to predict your refinance needs three or four years out. Statistics show that well over half of Canadians with a mortgage, renegotiate before their term is up. And the average five-year borrower changes their mortgage every three-and-a-half years. There is a long list of properties for sale in Brampton which are also keen on mortgage loan service. Just the right one has to be found. The positive and... [read more]

Selling luxury homes in Brampton is now easy

Monday Sep 18th, 2017


Selling house is actually a very difficult decision to make. When it comes to sell properties in Brampton, Whitehill Team can serve the purpose providing the best and most efficient of services. Whitehill Team is an integration of experienced and reliable real estate team consisting of 25 dedicated individuals who are ready to guide you in the best possible way. This super efficient team of professionals is there for every seller and buyer in the area to get the right price for... [read more]

How to sell houses in Mississauga and get the best deal?

Friday Sep 01st, 2017


It has become very easy to sell houses in Mississauga without getting cheated. The agents are also giving best of the deals.  Winter sales tend to be slower, and spring sales pick up the momentum. But there are always people looking to buy, and the seasonal market is only one of many factors to consider. This has been found after thorough survey. If you are planning to sell houses in Mississauga, get hold of reliable agents. Or else neither will you get any proper deal nor will they... [read more]

How to find the best real estate broker in Mississauga?

Thursday Aug 31st, 2017


To buy or sell houses in Mississauga suiting all your criterion has become a crucial decision these days. It’s quite easy for any home buyer to get flabbergasted by the countless online advertisements, yard signs, billboards and prints, each claiming to be the best! Remember, the right agent might not be from the largest brokerage. A good real estate broker is the one who is a skilled professional with an excellent track record, adhering to your preferences, behaves ethically... [read more]

Best Tips to Choose the Right Property Listing Site

Monday Aug 28th, 2017


While buying a home, you are faced with a multitude of decisions to take. The very first one is whether you are actually prepared to buy a home. Choosing the perfect location for the perfect home is not always an easy task, and attaining a mortgage loan can be a complicated and tiring process. If you have already determined that you are ready to move forward with the required effort toward your home-buying goal, the rewards are unquestionable. Hence, decision making is of pivotal... [read more]

Selling your home in Brampton? Utilize the best professional real estate broker!

Monday Aug 21st, 2017


It is common for all of us to come across a multitude of questions and doubts when it comes to selling homes. In real estate deals, it is of utmost importance to decide the perfect time to sell your property as it certainly does influence the selling price of the same. However, if you are willing to sell properties in Brampton, the best and the easiest way to do so these days is to take help from a professional real estate agent who can assure you with the highest possible price in a... [read more]

Mortgage applications drop 6% as wealthy buyers 'step back'

Wednesday Jul 19th, 2017


Mortgage rates have been sitting at a six-month low for the past month, barely moving, but mortgage demand is still shrinking. Total application volume fell 6.2 percent last week, compared to the previous week. The Mortgage Bankers Association's seasonally adjusted application index is now down 17 percent compared to the same week one year ago. There is considerable homebuyer demand, but the supply crisis is clearly trickling down to the mortgage market. Applications for... [read more]

Quarterly Forecasts

Monday Jul 17th, 2017


The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2017 and 2018. Housing market trends continue to diverge considerably among regions along four general themes: British Columbia, the Greater Golden Horseshoe, oil and natural resource dependent provinces, and everywhere else. In British Columbia, activity is showing early signs of... [read more]

IMF warns Canada to protect housing market

Friday Jul 14th, 2017


OTTAWA – The International Monetary Fund is warning about the risks to the Canadian economy due to a possible correction in the housing market and urged governments to do more to protect against them. In the preliminary findings of its annual review of the Canadian economy, the IMF said Wednesday that a further tightening of macroprudential and tax-based measures to mitigate speculative and investment activity should be considered. It also called for greater co-ordination between... [read more]

Toronto House Prices Have Already Fallen 12% From Their Peak

Wednesday Jul 12th, 2017


The slowdown in Greater Toronto's housing market this spring appears to be more than a one-month blip. Sales in the country's largest housing market have fallen by half, compared to the same period a year earlier, according to real estate board data obtained by Bloomberg. The Toronto Real Estate Board counted 2,999 sales in the first two weeks of June, while new listings jumped 22 per cent. While the average selling price for all properties was still up by 6.7 per cent... [read more]

Why A Smaller Down Payment Comes With A Lower Mortgage Rate?

Wednesday Jun 07th, 2017


Did you know that buyers who make down payments of less than 20 percent of their purchase price have access to lower mortgage rates than buyers who put down more than that? This comes as a surprise to many borrowers. After all, doesn’t loan risk decrease as the down payment increases? Why should borrowers who have less skin in the game enjoy lower rates? To explain, let’s start with a comparison of my lowest rates available today depending on the size of your down payment. The... [read more]

Toronto Homeowners Are Suddenly In A Hurry To Sell

Monday Jun 05th, 2017


Toronto’s hot housing market has entered a new phase: JITTERY. After a double whammy of government intervention & the near-collapse of Home Capital Group Inc., sellers are rushing to list their homes to avoid missing out on the recent price gains. The new dynamic has buyers rethinking purchases & sellers asking why they aren’t attracting the bidding wars, their neighbors saw just a few weeks ago in Canada’s largest city. “We are seeing people who paid those... [read more]

Sales Of New High-Rise Homes Double 10 Year Average In GTA

Thursday Jun 01st, 2017


Sales of new homes in the Greater Toronto Area gained 24% year-over-year in the first four months of 2017 as the number of high-rise sales surged. Data from the Altus Group shows that there were 17,977 sales of which 4,878 were low rise homes (down 34% from a year earlier and 14 percent below the 10-year average) while sales of new high-rise homes reached 13,099, an 85 percent year-over-year rise and 102 per cent above the 10-year average. Breaking out the figures for April, the trend... [read more]

Toronto Market Turned On Its Head, As Flood Of Listings Impresses Buyers

Friday May 26th, 2017


Toronto real estate agent Davelle Morrison recently bought a truckload of modern chairs, crisp bed linens & stylish lamps. She had to, she says, because the surge in listings in the GTA has sucked up all of the furniture normally used to make properties look as appealing as possible. The stagers who place the furniture are so overbooked, that Ms. Morrison had to track down an interior designer with some time to spare. “One furniture rental company had to shut down,” she... [read more]

House Prices Increase Over 60% In GTA's Hottest Areas

Wednesday May 24th, 2017


Toronto's real estate market continued to defy gravity in March when the average price for a house climbed to $922,757 in March 2017, a 33% increase over last year when prices averaged $695,053. The chart below shows the percentage increase in the average sales price of homes by municipality.  Three of the GTA's municipalities saw average prices climb by more than 60% over last year. The table below shows the average price for homes in March 2016 vs March... [read more]

New Listings Surge 62% as Toronto Home Owners Take advantage on Hot Real Estate Market

Monday May 22nd, 2017


The first week of April saw the number of new listings of freehold houses (semi-detached, detached and townhouses) surge 62% over last year, as home owners appear to be cashing in on Toronto’s red hot real estate market. Total of 3,845 new properties came on the market during the first week of April, up from 2,371 in 2016. This will be the third week in a row that the GTA has seen a notable increase in the number of new listings for freehold properties. The number of new... [read more]

The Path To Real Estate Investment Success

Friday May 19th, 2017


Residential property can be a great investment selection; but you need to plan and buy well to secure the best return. Property is widely considered a great investment and a powerful wealth creation strategy. But as with anything in life, there are no guarantees. Yet if you back yourself with the power of knowledge and employ the right investment strategy, there is no reason why property investment can’t be a powerful wealth creation tool for you and your family. If real estate... [read more]

6 stunning numbers about Toronto real estate & your personal finances

Wednesday May 17th, 2017


From a personal finance point of view, Toronto real estate makes your head spin. Monthly price increase for resale houses in the city are amazing enough in their own right. But when you look at them in the context of household incomes & budgets, they can blow your mind. Here are 6 numbers that stand out. 33.2 per cent This is the amount of the year-over-year increase in the average resale home price in the GTA last month. Inflation numbers for March are not in yet, but the February... [read more]

Ontario Slaps 15% tax on foreign buyers; expands rent control in 16 point plan to cool housing

Monday May 15th, 2017


The Ontario government moved forward Thursday with initiatives to rein in the housing market, in and around its largest city, announcing 16 new measures including a 15 per cent tax on foreign buyers & expanded rent control rules. The rent control measures, which apply province wide, were immediately met with threats from developers to cancel projects in the GTA, an outcome that could ultimately lead to an even tighter market for rental accommodation. “Our message is this is... [read more]

GTA condo sales increase more than 20 per cent

Thursday May 11th, 2017


The sale of condos in the Greater Toronto Area continues to surge with a 21.7% in the first 3 months of 2017 compared to the same period of 2016. There were 7,251 condo sales through the MLS system of Toronto Real Estate Board [TREB] while listings were down 18.8% to 9,036. “Condominium apartments have historically been the housing type of choice for many first-time home buyers due to the relatively lower price point compared to ground oriented housing options. Given that, more than... [read more]

2017 Design Trends that will impact home sellers

Monday Feb 06th, 2017


When it comes to home selling though, it’s important to look at these trends and keep in mind that they are just that – trends. Trends can quickly rise and fall in popularity so if you are considering renovating or refreshing your home before you sell it, we always caution making the home too trendy. Remember that updating & staging your home to sell has completely different goals than decorating your home to live in. The former needs to have broad appeal with a real estate... [read more]

3 Tips For Secondary Income Suites

Monday Jan 23rd, 2017


Buying a home with a secondary income suite, or with the intention of installing one, can be an effective way to offset steep mortgage costs in some of the hottest Canadian real estate markets. And it should come as no surprise that they’ve become a widespread practice in Toronto and Vancouver, where the average price for a detached home now exceeds $1 million. Considering rental vacancies are incredibly low in both cities – 1.6  per cent in Toronto, and 0.6 per cent in... [read more]

How to turn your home into an income property

Monday Jan 09th, 2017


Ask a first-time home buyer their biggest worry and the answer is likely to be the mortgage. Taking on the largest debt of one's life is a sobering experience. Even for those that come to the table with a sizeable down-payment, a mortgage is a long and costly commitment. Many buyers take comfort in knowing that if they need extra income to make the mortgage payments, they can rent out part of their home. But not all rental properties are created equal. "There are some surefire signs... [read more]

The 10 Most Costly Home Selling Mistakes - And How to Avoid Them

Friday Dec 16th, 2016


  The housing market in the Greater Toronto Area is on a tear. With increasing prices, historically low interest rates for buyers, and the approaching spring sale season, you might be considering selling. To get the most money out of your home, it pays to do everything right. Your biggest advantage is that the market is on your side. The latest MarketWatch data from the Toronto Real Estate Board clearly points to a seller’s market. According to the latest report, of the 5,188... [read more]


Wednesday Dec 14th, 2016


People are often skeptical when it comes to superstitions and different ways of securing good luck for certain occasion. But why not take into consideration some interesting ideas that can help you for a successful move to your new home and give you an extra reason to celebrate the new stage of your life. There are plenty of superstitions revolving around moving into a new house, and it is really up to you whether you will take them seriously or as something to laugh at. But bringing new... [read more]

Ways to Boost Natural Light at Home.

Monday Dec 12th, 2016


Bringing natural light into your home is both economical and enjoyable. The level of natural light in your rooms can really affect your mood. Those blessed rays, filled with sunlight and vitamin D make you feel positive. So, it’s natural that bright rooms make us feel happier, more alive and vibrant. Plus, you get to save a little cash and reduce your energy usage by increasing your home’s natural light. There’s not a lot you can do to increase the amount of sunlight coming... [read more]


Friday Dec 09th, 2016


Real estate has been the most favorite type of investment around the world for centuries. Once a market starts to rebound, investing in property becomes a very appealing idea. Like any other endeavor, however, there are right and wrong ways to go about it. Usually, when a market is bullish investors rush into it without proper strategy, knowledge, and planning, and hence find themselves facing a lot of challenges. It requires experience and patience to identify the types of traps into which... [read more]


Wednesday Dec 07th, 2016


March is Fraud Prevention Month in Canada and the Chartered Professional Accountants of Canada (CPA) just released a survey that shows some of the ways Canadians try to protect themselves against fraud. Many (72 per cent) said that they shred their banking and credit card statements. Almost as many (68 per cent) said that they were “very uncomfortable” giving out personal or financial information on the phone. More than half (60 per cent) said that they always make sure online... [read more]

Grab The Attention Of The Buyer With These Few Easy Steps

Monday Dec 05th, 2016


Grab The Attention Of The Buyer With These Few Easy Steps Many potential home traders want to rush to put their apartment on the Real estate market to safeguard that it sells immediately. What they don’t think about is capturing the engrossment of probable local buyers. Commonly, possible property purchaser wishes to spend their time vacationing, concentrating on your family, and doing other entertaining activities. It’s meaningful to provide them a reason to want to build a... [read more]

Top 5 Mistakes A Buyer Makes

Wednesday Nov 30th, 2016


Real estate agents say emotional mistakes are common among homebuyers, who overpay for their "dream homes" because they let feelings cloud their judgment. But buyers shouldn't beat themselves up for getting emotional. Buying a home is often the biggest purchase a person will make. Homebuyers "need someone in their corner who can counsel them and make sure they are making a smart investment, not an emotionally driven purchase," says Nick Jabbour, a former New York City... [read more]

Home Moving Checklist

Monday Nov 28th, 2016


Home Moving Checklist   Moving home is the most daunting task. It's no wonder ranked as life's most stressful event. A good way to reduce stress is to develop a calendar that starts six weeks before your move. This calendar will serve as your "countdown" to moving day. It will help you do things in an orderly manner which will also save time and money.Make your move an overwhelming experience!!! Here is our handy checklist to help make your transition, a real... [read more]

School Ranking

Wednesday Nov 23rd, 2016


Elementary & Secondary Schools in Mississauga As a parent you want what is best for your child. You spend countless hours researching the best schools around the neighborhood.On the strength of years of expertise in Mississauga, we offer you excellent and detailed information on all the public, catholic and private schools in the area. We have also included the rankings of The Fraser Institute – an independent research company that compares and ranks schools on the basis of their... [read more]