Your Best Move by Chen Kumar
7240 Woodbine Avenue Suite 103 L3R 1A4 Markham, ON, Canada

One Bedroom units starting from $272,900 at Trinity Ravine Phase 2. If you're looking for value, this is very hard to match in the current market. If you're interested in finding more, please contact me at 647-478-9788 to schedule an appointment with the Sales Office prior to the VIP Sales event on November 23rd, 2017.

Final OSFI wording on the new B20 Guidelines coming into effect on Jan 1, 2018 At a minimum, the qualifying rate for all uninsured mortgages should be the greater of the contractual mortgage rate plus 2% or the five-year benchmark rate published by the Bank of Canada. "....Guideline B-20 changes, which focus on uninsured mortgage loans."

Beautiful fall morning over Topham Pond in Mount Dennis, its a mini High Park (or is High Park a big Topham Pond )without the crowds. #nofilter #mtdennis #tophampond #eglintonflats #eglintonwest #westonrd #supercoffeeshop #crosstownlrt #upx #westtoronto #westonandeglinton #minihighpark #weston #mountdennisrealtor #torontorealestate #realestate #oasisinthecity #hiddenparks #hiddenparksoftoronto #highparknorth #mountdennis #gentrification #nextgreathood #toronto #blogto #dayto

Succinctly written article on the state of the current real estate market in the GTA. There is a short term decline in prices, however you have to distinguish between demand for housing (sales, rentals, short term etc) and demand from BUYERS of housing that is for sale. The intention of the recent and ongoing government legislation related to housing is to curb the SALE PRICES and RENTS of homes and condos which we've seen increasing several fold over the last few years, it should be noted that these increases were a result of government land use and rent legislation policies in the first place. But without meaningful measures to also address and increase the housing supply and to make that supply available to the average end user, the demand will continue to rise. You can build a dam to hold the water, but you can't stop the rain.

"The major explanation for mismatched supply and demand is domestic new homes not keeping pace with Toronto’s 1.6 per cent annual immigration rate (an increase in population of over 100,000 a year), a local economy that’s actually doing quite well, and the irruption into Toronto of an ascendant set of values that can be attributed to an already landed, prospering immigrant class." "So what’s to blame, foreign buyers or the rationale of Canadian immigration policies actually working?"