July 2020

Five Steps to a Clutter Free Garage

Posted on Jul 09, 2020

Has your garage turned into a junk drawer of sorts, filled with everything from holiday decorations to sporting equipment? If clutter has taken over your garage, it’s time to get organized, reclaim that space, and return your vehicle to its long lost home. 

1. Remove all the contents
Clear the driveway and start bringing everything out. Sort items in...

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CMHC Tightens Lending Criteria, but Buyers Still Have Lots of Options

Posted on Jul 09, 2020



On July 1, 2020, CMHC modified their lending criteria for insured mortgages to require buyers to have stronger qualifications before owning a home. These adjustments to the requirements include an increase in credit score, a need to have less percentage of income be designated for housing expenses and placing limitations on borrowed down payments...

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Sales decline by two per cent from last year amidst COVID-19 pandemic

Posted on Jul 09, 2020



After three months where COVID-19 weighed heavily on the housing market, sales activity in June continued to trend up from the previous month, totalling 1,747 units.

Caution remains necessary, as monthly sales are nearly two per cent lower than activity recorded last year. However, this represents a significant improvement compared to the past sever...

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