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News Centre
The world's tallest buildings
Wednesday, October 19, 2016
Read here about the currently tallest buildings in the world. Find out where they are located and what makes them stand out.
Why is my hydro bill so expensive? FP crunches the numbers
Monday, October 17, 2016
FP's Larysa Harapyn takes you through your electricity bill line by line to explain how power is priced in Ontario and why bills are so high
Canadian home sales edge up in September
Friday, October 14, 2016
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales edged slightly higher in September 2016 compared to August.
What it's like to be a first-time homebuyer in Toronto's scorching real estate market
Friday, September 30, 2016
Trying to become a first-time homebuyer in the Greater Toronto Area's red-hot real estate market has been one of the most challenging experiences of my life. It's become clear to us that getting a house in this market requires a lot of patience and a bit of luck.
Skipping these steps could get you in hot water when buying a house
Friday, September 30, 2016
Imagine you've just purchased a new house with your dream backyard. It has a gazebo to escape sweltering summer days and a hot tub to ease your aches and pains.
How to avoid moving in next to a nightmare neighbour
Tuesday, September 27, 2016
Moving in next to some neighbours might be more of a headache than you can stand.
Why rising interest rates in the Toronto condo market are a real concern
Saturday, September 24, 2016
When considering the affordability risks facing Toronto's condo market, the big one that comes to mind is rising interest rates. Here's why it's a real concern.
Household debt outstrips Canadian GDP for the first time
Friday, September 23, 2016
Canadian households' debt load has surpassed the nation's economic output for the first time in history, as credit-market debt (including mortgages) swelled to 167.6 per cent of income during the second quarter of the year.
Six Expensive Home Repairs You Can Avoid With a Little Maintenance
Thursday, September 22, 2016
The cost of owning a home goes well beyond the price you paid for the house itself. When something breaks, you have to fix it, and those repairs can be costly. You can’t foresee or avoid every home repair, but some regular maintenance can save you hundreds—maybe thousands—on some of these big ones.
Going it alone? The pitfalls of selling your home without a real estate agent
Thursday, September 22, 2016
Legal fees, disbursements, discharging the current mortgage, capital gains taxes… selling a home often comes with an abundance of seemingly never-ending costs that can send your stress levels soaring, lighten up your wallet and often make you wonder why you thought selling was even a good idea in the first place. It’s no wonder more and more people are looking to save a few bucks when it comes to one of the most expensive costs—realtor fees.
Lack of knowledge leads to big regrets for Ontario's first-time homebuyers
Tuesday, September 20, 2016
Ontario may be home to one of the hottest real estate markets in the country, but that doesn’t mean residents are particularly real estate-savvy. If you’re not well-informed, you could end up with some serious regret when buying or selling your home.
Ontario has little choice but to tax foreign home buyers, CIBC economist warns
Monday, September 19, 2016
The Ontario government has little choice left but to enact a 15 per cent tax on foreign home buyers, says CIBC World Markets deputy chief economist Benjamin Tal.
'Rigged' Mortgages Have Made Second-Class Citizens Of Canadians
Friday, September 16, 2016
During the financial crisis in 2008, Canadian banks were the envy of the world. So well regulated, our schedule A banks steered clear of the sub-prime mortgage crisis that led to the collapse of Lehman Brothers and almost took down the American economy. Others did much of the same. The U.K. had a similar meltdown with giant Bank of Scotland needing government bailout funds to stay in business.
Toronto's housing prices are so hot, even the cost of house boats has doubled
Friday, September 16, 2016
Soaring housing prices in Toronto have forced some home buyers to look for more affordable alternatives to the conventional detached home, but prices for one type of dwelling may be on the same boat.
Bank of Canada's Wilkins warns Canadians too optimistic home prices will rise
Wednesday, September 14, 2016
The senior deputy governor of the Bank of Canada says investors and those in the financial system need to adapt to the reality of slower growth and associated low interest rates.
Canadian banks' mortgage guidelines favour foreign home buyers
Wednesday, September 14, 2016
Canadian banks allow foreign clients with no credit history, including students, to qualify for uninsured mortgages without proving the sources of their income – a practice that exempts non-Canadians who have money in the bank from the scrutiny domestic borrowers face when buying a home or an investment property.
Expect tougher mortgage rules by November
Monday, September 12, 2016
Home buyers should expect tougher mortgage rules to kick in as early as November 1 of this year.
If your retirement security is built on your home, now might be the time to sell
Monday, September 12, 2016
If you're a homeowner thinking about leaving work in the next few years, it may be time to cash in your lottery ticket (also known as your house) and trade it in for a comfortable retirement.
5 tips to avoid the common missteps of first-time home buyers
Saturday, September 10, 2016
Knowing the right questions to ask and steps to take is a way to help keep emotions in check..
Understanding Canadian real estate bubbles
Tuesday, September 6, 2016
Perhaps real estate professionals could help their clients if they revealed a bit more about the composition, causes and remedies of real estate bubbles.

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