Mandeep  Toor

Mandeep Toor

Real Estate Broker

RE/MAX Realty Specialists Inc., Brokerage *

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7 Ways to Keep Your Best Tenants from Leaving.

Contacting you when there’s an issue. Always paying on time. Respecting your property and the neighborhood. Finding great tenants that do all of these things isn’t easy, but once you lease to renters who take care of your place as if it is their own, you never want to see them move out. This quick guide will show you how to convince great tenants to keep renting from you.

If Someone is Selling Fear To You. Please Do Not Fall For It.

Here Is The Data From Toronto Real Estate Board Month To Month Sales 2022, Average Resale Home Price Monthly with Three Previous Years for Comparison. Now, Show Me How Market Is Crashed. Where As Data Until June 2022 Sales Still Shows That The June 2022 Prices Are Still Higher Than Previous 3 Consecutive Years.

Canadian Home Prices Down Year-Over-Year for First Time Since Start of Pandemic

National real estate activity continued to slow in June in the face of rising interest rates, leading to a 23.9% annual plunge in sales from last year’s record, and the first year-over-year price decline seen since the early months of the pandemic.

Bank of Canada’s rapid rate hikes likely to cause a recession, study finds.

The Bank of Canada’s strategy of rapidly increasing its key interest rate in an effort to tackle skyrocketing inflation will likely trigger a recession, says a new study released Tuesday from the Canadian Centre for Policy Alternatives (CCPA).

How to Approach Your Mortgage As Interest Rates Rise

Albert Einstein called compound interest the “most powerful force in the universe.” Mortgage interest is like its opposite — it’s a black hole that sucks in more (and more) money as it grows.

Bank of Canada to Follow U.S. Fed’s 0.75% Hike in July

Turns out, a half-point interest rate hike isn’t all that extraordinary; following the U.S. Federal Reserve’s move to increase its Federal Funds rate by 0.75% on June 15th — the largest since 1994 — expectations are now solidifying for the Bank of Canada (BoC) to follow suit, further amping up borrowing costs for consumers.

Non-Resident Speculation Tax

Effective March 30, 2022, the Non-Resident Speculation Tax (NRST) rate was increased to 20 per cent and expanded provincewide. As a result, the NRST may apply on the purchase or acquisition of an interest in residential property located anywhere in Ontario by individuals who are foreign nationals (individuals who are not Canadian citizens or permanent residents of Canada) or by foreign corporations or taxable trustees.

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