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Rebate Blog

Would you live in a micro condo or home?

Home ownership in Canada is high and it’s no surprise that many Canadians want to own a home. But as housing costs climb, homebuyers are looking into investing in smaller spaces to live. In Surrey, BC, a city within Metro Vancouver, which boasts the second most unaffordable housing market in the world, a developer is […]

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Vancouver named 2nd most unaffordable housing market in the world

If you live in Vancouver and you’re looking to become a homeowner, you may want to consider buying in another city. The annual International Housing Affordability Survey conducted by Demographia named Vancouver as the second most unaffordable housing market in the world. Vancouver comes second to Hong Kong, which has held the title of most […]

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More homes selling for over $1 million

If you want to own a house in Canada, in some markets you might need to put down more than $1 million for the property you want. In four of Canada’s major real estate markets, Toronto, Vancouver, Calgary and Montreal, more homes sold for prices over $1 million, according to a recent report by Sotheby’s […]

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More rental vacancies in Canada’s housing market in October

Canadians had an easier time finding an apartment to rent in Canada’s 35 largest cities during October. The average rental apartment vacancy rate inched up to 2.8 per cent in October from 2.7 per cent the year before, according to the Canada Mortgage and Housing Corporation (CMHC) fall rental market survey. “Overall, this increase in […]

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Housing prices fall for the first time this year

As we move into a slower period of the housing market cycle, the debate rages on over where housing prices are expected to head in the new year: whether they’ll continue going up or if we’re in for a correction. While the average housing price was $413,000, which is a 5.7 per cent jump from […]

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Electronic signatures coming to Ontario real estate deals

Buying property is a lengthy process that involves shopping for a home, putting down an offer and finally receiving the keys to your new place. Even with a real estate agent’s help, expect hours of time spent figuring out details from choosing the right home for you, comparing mortgage rates and insurance. Technology is available […]

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Your Landlord Is Selling The Property. Can You Be Forced To Move Out?

If your landlord is selling the property you live in, you have certain rights during the transaction, and you have certain responsibilities. Obviously, as a tenant, you’ll have many questions to ask. When will the sale take place? Can I find a similar residence? How long do I have to make a move? Probably the […]

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GST/HST new housing rebate application for owner-built houses

If you’re a property owner filling out a GST/HST new housing rebate application, it’s important to comply with all the guidelines, and provide all the requisite paperwork. You will be using the GST/HST new housing rebate application if you’ve built a brand new house, or if you’ve made a substantial renovation to your house. How […]

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