INDER CHAWLA, REAL ESTATE BROKER(ABR, SRS)

When finding a place to call home, the choices can be overwhelming. From detached houses to condos, each option has its advantages and drawbacks. Townhouses have become increasingly popular in the real estate market, offering a unique blend of affordability, convenience, and community living. Townhouses are an option for buyers seeking a low-maintenance home that fosters a sense of community. With its unique blend of affordability, insulation, and community, townhouses offer a one-of-a-kind living experience. Now, let’s discover the perks of...

INDER CHAWLA, REAL ESTATE BROKER(ABS,SRS)

Greater Toronto Area (GTA) housing market conditions continued to improve in June, with sales growing quite strongly year-over-year while new listings declined over the same period. For the first half of 2026, sales have also edged higher compared to the first six months of 2025, with new listings down substantially.

“After a slow start in the first quarter, we saw a marked improvement in home sales in the second quarter of this year. This result followed TRREB’s 2026 outlook, which called for a year of two halves. We expect accelerating...

INDER CHAWLA, REAL ESTATE BROKER(ABR,SRS)

Ontario government announced to provide the City of Toronto with $1.5 billion to facilitate a 40 to 60 per cent reduction in development charges in the city. This is a major step, and the type of leadership needed to lower housing costs, improve project viability, accelerate the construction of much-needed homes in the city, and improve affordability, especially for missing middle housing. 

Development charges are among the largest government-imposed costs built into the price of new housing in Ontario and can account for up to 20 per cent of a...

INDER CHAWLA, REAL ESTATE BROKER(ABR, SRS)

In Canadian real estate, a home’s value starts with what similar properties have recently sold for. These are called housing comparables, or comps, and they offer a clearer picture of the market by showing what buyers are actually paying for homes with similar locations, sizes, features, and conditions. For buyers preparing an offer or sellers setting a listing price, comps help replace guesswork with real market insight, making it easier to make informed decisions. For anyone asking what are real estate comps, the simplest answer is that they...

INDER CHAWLA, REAL ESTATE BROKER(ABR,SRS)

Comps for First-Time Buyers: What Actually Matters (and What Doesn’t)

You found a home you love, and now you have to decide what to offer. Is the asking price grounded in the market, or is it more hopeful than realistic? Comparable sales, known as comps, can help you make sense of the difference by showing what buyers have actually paid for similar homes in the area. For first-time buyers, they can turn a gut-feel decision into an evidence-based one, but only if you know which comparisons matter and which details are just noise.

Key Takeaways 

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INDER CHAWLA, REAL ESTATE BROKER(ABR,SRS)

If you rent, you might assume mortgage rates are only a concern for homeowners. They show up in headlines, your friends who own homes complain about them, and you move on. But interest rates quietly shape the rental market too, in the form of your options, your rent, and the deals you’re offered. Here’s what’s actually happening and why it matters to you.

How mortgage rates work

The Bank of Canada sets a key interest rate (called the policy or overnight rate) that influences how expensive it is to borrow money across the economy. As of June 2026,...

INDER CHAWLA, REAL ESTATE BROKER(ABR,SRS)

Canada’s housing market appears to be regaining some momentum after a slow start to 2026.

New data from the Canadian Real Estate Association (CREA) shows home sales rose 5.5% from April to May, marking the strongest monthly increase so far this year. The gains were widespread across the country, led by Ontario, British Columbia, Manitoba and Nova Scotia.

“The national sales increase from April to May was broad-based but driven disproportionately by Ontario,” said CREA senior economist Shaun Cathcart, in the report. “While it was just the first...

INDER CHAWLA, REAL ESTATE BROKER(ABR,SRS)

Moving from a larger home to a smaller house or condo presents a unique opportunity to reimagine your living space and lifestyle. Determining what you are willing to compromise on and what remains essential is important. Prioritize your comfort by setting clear criteria for your new home. You can consider the option of moving to a luxury condo. Luxury condos often come with high-end finishes, state-of-the-art amenities, and concierge services that can enhance your living experience. With ample-sized living areas, you won’t have to give up so much...

INDER CHAWLA, REAL ESTATE BROKER(ABR,SRS)

Investment Property Financing: What Potential Landlords Need to Know

Homeownership is deeply ingrained in Canadian culture. Many Canadians value the idea of owning property as a worthwhile investment. Compared to a volatile stock market, real estate offers stability, and there’s an innate comfort in investing in something you can see and touch.

Over the past few decades, the real estate market, especially in major cities like Toronto, Vancouver, and Montreal, has seen substantial growth in property values. Many investors believe that due to...

INDER CHAWLA, REAL ESTATE BROKER(ABR, SRS)

Canada’s real estate market is currently seeing impressive growth, making it an excellent time to think about investing. If you’re eyeing a second property, maybe a rental space or a holiday home, using the equity in your current home is one option worth exploring. But understanding the terms, risks, and benefits is key to ensuring that this move aligns with your long-term financial goals and doesn’t overextend your financial commitments. Let’s look at what a home equity loan is and how it can be leveraged to your advantage.

What is Home Equity? 

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