The Government of Canada announced its 2022 budget on April 7, with housing being among the top areas receiving investments during this pandemic recovery period. This budget is arriving at the halfway mark of the government’s ten-year National Housing Strategy (NHS), and there remains much room for improvement.
TORONTO – A record fourth quarter capped off a record year for condominium apartment sales in 2021. While condo listings were high from a historic perspective, it was not a record year on the supply side of the market. In fact, condo buyers experienced.
Every day, without fail, someone will ask me, “So, how’s the real estate market these days?”
The fascination is real, and I get it. Toronto real estate in the time of COVID-19 is somehow exactly as you’d expect while simultaneously defying all conceivable expectations.
With COVID-19 restrictions being lifted across Canada, home buyers and sellers have been busy! National home sales and new listings have continued to increase since June, with July seeing more home sales across Canada than any other month in the history of the Canadian Real Estate Association’s (CREA) database–which dates back more than 40 years! Read more
Ontario has announced plans for most of the province to enter Phase 3 as of Friday, with the exception of Toronto and a few other regions. The final phase of Ontario's Action Plan means the re-opening of nearly all businesses, including gyms, theatres and restaurants. Indoor gathering limits will increase from 10 to 50 people, while outdoor attendance will increase to 100. High-risk businesses such as amusement and water parks, as well as buffets, will remain closed (sorry Mandarin). While it's not yet known when Toronto might enter Phase 3, it's clear that our real estate market has been anything but quarantined.
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Usually, if something seems too good to be true, it is.
But what about investing in real estate with low or no money down? Is it just a myth or can it really be done?
I’m here to tell you there are paths you can take to start investing with only $1,000—or less.
