For All Your Real Estate Needs in Downtown Toronto
Paul DeAdder | Real Estate Sales Representative Serving 
Downtown Toronto | Royal LePage Urban Realty, Brokerage

My Real Estate Blog - Market Trends, Tips & Updates

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NDP Promises New Foreign Buyers Tax

5/14/2021 | Posted in Home Buyers by Paul DeAdder

An NDP government would implement a 20% levy on home purchases made by non-residents.

... More

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Freaked-out Canadians open to rate hikes to cool hot housing market

5/12/2021 | Posted in Home Buyers by Paul DeAdder

Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen demand for real estate and ... More

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Office demand will be 'off to the races' after COVID restrictions

5/10/2021 | Posted in Commercial Real Estate by Paul DeAdder

The head of one of Canada’s major office landlords said pandemic restrictions have made finding new tenants a big challenge.

... More

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CMHC predicts what will happen to Canada house prices this year

5/8/2021 | Posted in Canadian Housing Market Predictions by Paul DeAdder

Canada Mortgage and Housing Corp. says the average home price could rise by as much as 14% this year, but the pace of sales could moderate by the end of 2023 if broad immunity ... More

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You got turned down for a mortgage? Here's what to do

5/6/2021 | Posted in Home Buyers by Paul DeAdder

Whether you’re starting your home search or you just bid on the place of your dreams, getting denied for a mortgage will stop you cold.

... More

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The Pace of GTA Home Sales Slows In April

5/5/2021 | Posted in GTA Real Estate by Paul DeAdder

Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. ... More

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New Toronto condo sales near pre-pandemic levels

5/4/2021 | Posted in Toronto Real Estate by Paul DeAdder

Toronto’s downtown condominium segment is staging a comeback with sales nearing pre-pandemic levels.

... More

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A Pre-Approval Does Not Guarantee a Mortgage Approval

5/1/2021 | Posted in Mortgage Advice by Paul DeAdder

Many Canadians are under the assumption their mortgage is as good as done once they have a mortgage pre-approval.

... More

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First-Time Home Buyer Incentive 2.0 Now Available

5/4/2021 | Posted in First Time Home Buyers by Paul DeAdder

Long-awaited tweaks to the government’s First-Time Home Buyer Incentive came into effect on Monday.

... More

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Rural rush - the real housing bubble is in Ontario's cottage country

5/4/2021 | Posted in Ontario Real Estate by Paul DeAdder

If you thought Canadian residential detached and semi-detached prices were out of control, take a look at Ontario’s cottage country.

... More

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What continues to drive the GTA industrial segment

5/4/2021 | Posted in Commercial Real Estate by Paul DeAdder

Growing e-commerce sales, coupled with the need for greater inventory space, continue to stimulate the industrial property market in the Greater Toronto Area, according to ... More

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Courts show little empathy for failed purchasers

5/4/2021 | Posted in Home Buyers by Paul DeAdder

Unconditional offers are poor choices and our courts have shown little empathy for failed purchasers, repeatedly holding that vendors have no obligation to accommodate ... More

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House Price Growth to Cool by End of Year: TD

5/1/2021 | Posted in Canadian Housing Market by Paul DeAdder

TD Bank is forecasting that home prices have further to rise yet before finally starting to lose steam by the end of the year.

... More

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Mortgage stress test gets more stressful on June 1

4/30/2021 | Posted in Home Buyers by Paul DeAdder

Effective June 1, the federal mortgage stress test increases to 5.25 per cent, or about four times higher than what major lenders are actually charging

... More

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Toronto residential tower boom shows no signs of slowing

5/3/2021 | Posted in Condo Market by Paul DeAdder

Toronto had 125 cranes actively working on multiresidential towers in March, according to the RLB Crane Index, dwarfing the total of any other North American city.

... More

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Canadians investing in their homes

4/27/2021 | Posted in Home Owners by Paul DeAdder

If you’re like most Canadians, you’re more likely to tackle a home renovation than sell your current house and buy another or purchase an investment property.

... More

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First Time Home Buyer Incentive Program Expansion

4/27/2021 | Posted in First Time Home Buyers by Paul DeAdder

Effective May 3, 2021, the Federal Government will be expanding the First Time Home Buyer Incentive program to enhance eligibility in Toronto, Vancouver and Victoria Census ... More

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