The Home by Mai

18/07/2022

The summer is usually a quieter time of year for real estate sales. But this summer feels slower than normal, said Jennifer Scaife, a sales representative at the Desmond Brown Real Estate Team. Buyers are waiting for lower prices, and sellers are only moving if they have to, she said.

17/07/2022

The rapid downturn in Canada’s housing market is restoring a sense of calm to buyers who no longer need to fear being sucked into the whirling vortex of bidding wars. But now that prices are sliding, some buyers regret the outlandish bids they made during the early spring frenzy.

16/07/2022

When lawns became a thing centuries ago, sheep and scythes kept the grass trimmed and tidy. Then the battle of the blades began in 1830 as British inventor Edwin Budding patented his cylinder mower, which used multiple blades to slice the grass scissor-like against a stationary sharp edge.

15/07/2022

Falling house prices have led to more uncertainty for anyone hoping to make a move While economists have previously pointed to international risks, such as the war in Ukraine, as a probable reason for a Canadian recession, our rocky housing market is bringing the prospect closer to home.

14/07/2022

The City of Toronto has proposed a tax on vacant homes in the belief that homeowners faced with the prospect of paying it will either sell or rent the dwelling, thereby improving housing supply.

13/07/2022

Bank of Canada increases policy interest rate by 100 basis points (1%), continues quantitative tightening.

Press Release:
https://www.bankofcanada.ca/2022/07/fad-press-release-2022-07-13/

12/07/2022

A garden shed can be a do-it-yourself project, but it depends on what you want, how big you want it to be, and what your local municipality dictates. While some homeowners may opt for a ready-made shed that just needs assembling, a well-built shed is sturdy and can last for years if built right. How...

11/07/2022

RECO, Tarion and the HCRA have different roles, writes Joe Richer, but also have one thing in common: protecting consumers.

10/07/2022

Monarchs’ survival depends on milkweed and any trumpet-shaped flower advertises food to hummingbirds, write Mark and Ben Cullen

08/07/2022