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The GTA housing market has gotten off to a frosty start in 2018, with housing prices and sales falling in the first two months of the year. But as the market continues to cool, some Toronto neighbourhoods stand to lose more value than others, according to one expert. In a recent report, CMHC deputy chief economist Aled ab Iorwerth writes that Toronto’s luxury single-family detached homes could see prices take a dive in 2018, after a red-hot 2017. After climbing for the first nine months of 2017, sales and prices of Toronto single-family homes have been steadily dropping, as the market adjusts to the effects of new mortgage rules and an interest rate hike. Neighbourhoods such as the Bridle Path, where the average sale price for a home in 2017 was $2.6 million, could see their value decrease as the market cools. But not everyone thinks the luxury real estate market should brace for a price decline. According to Toronto-based realtor Ralph Fox, while sales may be slowing, price

The start of Daylight Savings guarantees two things: one, that you’ll be groggy on Monday morning, and two, the time-honored tradition of spring cleaning looms. If you’re looking to get a head start on your cleaning checklist, consider tackling an organization project that takes just one or two days. Here are five feasible organization projects that you can complete over the weekend: 1)     Entryway Since entryway is a central hub of your home, it is essential that you keep this place organize and clean. “Every member of your family should have their own little space where they can dump their backpack, coats, mittens, etc.” Whether you’re working with a hall closet, mudroom or just a smidgen of wall space, it’s important to add storage solutions to keep clutter in check. “If you don’t, it just becomes a nightmare,” confirms Butler. “It’s a family command center and it needs to be organized so that everybody is on the same page.” 2)     Paper Documents “Paper is

Toronto’s real estate market has plenty of talks regarding the expected boom of housing market over the past few months. But according to a new report, five other Ontario cities’ housing markets are going to explode in the next few years. According to the real estate research organization Real Estate Investment Network (REIN), Ottawa, Kitchener-Waterloo, Hamilton, Barrie and Brampton all have the potential to become leading housing markets in the next five years. To back up their prediction REIN measured several economic factors that might affect the growth of each market such as GDP, employment and population growth. “On January 25, an agreement was signed to redevelop LeBreton Flats, prime land close to the downtown core of Ottawa,” reads the report. “The plan includes a new LRT station and will move Ottawa’s hockey team to a new home. It is expected that the plan will have a strong positive effect on demand and values.” Other factors driving the Ottawa housing market? Ho

Feel insecure about how small your home is? Well keep scrolling to make things worse! 1. John Legend and Chrissy Teigen's Beverly Hills mansion fit for royalty.  Price - $14.1 million 2. Leonardo DiCaprio's Malibu bachelor pad. Price - $10.95 million 3. Nick Jonas' house in West Hollywood. Price - $3.6 million 4. Jimmy Buffett's Beverly Hills oasis. Price - $8.25 million 5. Jennifer Lopez' Hidden Hills mansion. Price - $10 million 6. Chris Hemsworth's beautiful Malibu mansion. Price - $7 million 7. Selena Gomez' Fort Worth, Texas, mansion that is basically its own zip code. Price - $2.25 million 8. L.A. Reid's Bel-Air mansion. Price -  $18 million Which one of these homes is your favorite? Leave a comment down below! Source -  https://www.buzzfeed.com/whitneyjefferson/jaw-dropping-celebrity-homes?utm_term=.frm9jzGb4#.fcdzRnqDX

Demand outpacing supply is the main reasons for Toronto’s sky-hig real estate prices. Now, according to a new survey, Millennials are calling for greater density in the GTA. According to the survey by Toronto Region Board of Trade, 83 percent of GTA Millennials says that the cost of housing is making it hard to save up for retirement. On the other hand, 65 per cent reported that it is difficult to payoff debt with the current housing price The solution? A whopping 79 per cent of Millennials surveyed said that there weren’t enough two- and three-bedroom condos and apartments available in the GTA. Interestingly, 62 per cent surveyed said that there were already too many one-bedroom condos on the market. “I think that particularly finding comes from the fact that a lot of Millennials will eventually want to start families, and they’re looking for an affordable option to do that,” TRBOT CEO Janet De Silva tells BuzzBuzzNews. According to Urbanation, Toronto’s purpose-built vacan

Montreal Housing Market is  'On Fire' As Sales Drop In Toronto, Vancouver and things are just getting better!  Montreal was one of Canada's hottest real estate markets last year as low unemployment and economic growth translated into the area's best sales growth in a decade. Total sales in the Greater Montreal Area increased eight per cent to 44,448 on the strength of condominium sales and good overall activity on the Island of Montreal. Sales growth exceeded 20 per cent in five of the city's most popular borough s. Last week  CDPQ infra which is dedicated to the development of infrastructures and their management, announced that they are planning to build the largest public transportation network built in Montreal in the last 50 years: known as the Reseau express metropolitan, or REM. The project which is set to start construction in April and welcome riders in the summer of 2021 is a regional light rail project which will consist of 26 stations acr