November 2019

What Happens When... 

Posted on Nov 18, 2019

What happens when real estate deals cannot close on time?


In Ontario, real estate deals are supposed to close by 5:00 pm, since that is when the government registration system shuts down. By 5:00 pm, the buyer lawyer is supposed to have sent the required paperwork and money to the seller lawyer trust account and the seller lawyer must send the requi...

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One in Five Homes

Posted on Nov 12, 2019

One in five homes purchased by Canadian newcomers

• Canadian newcomers projected to make 680,000 home purchases over next five years
• 82% of newcomers choose to stay in their first city of residence
• 75% of newcomers arrive with savings to help purchase a home
• 75% of newcomers do not consider moving to the United States prior to arriving in Canada...

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