Kamal Lally Real Estate

06/03/2024

Modular Homes: Ontario's Strategy

06/02/2024

Financial tension is especially strong for tenants
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Tenants are facing financial stress, while owners who haven't renewed their mortgage loans will face worsening situations. Rising interest rates haven't significantly impacted mortgage holders, but renters are struggling with increased credit card usage and loan defaults. Owners with mortgages will....

05/25/2024

Renters — not mortgage holders — show most debt stress, Bank of Canada says
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Renters in Canada are facing more financial stress due to rising debt costs compared to homeowners dealing with higher mortgage rates. The Bank of Canada's analysis shows signs of stress are concentrated among non-mortgage holders, with renters falling behind on credit card and auto loan payments. H...

05/16/2024

Ontario Homebuyers Are Happiest in Canada About Their Purchase

04/29/2024

Ontario's Housing Market Forces First-Timers to Compromise

04/28/2024

Four new ways the federal government wants to help Canadians buy their first homes
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Finance Minister announced measures to help Canadians buy their first homes in the upcoming federal budget. Enhancements include increasing the Home Buyers' Plan limit to $60,000, allowing 30-year mortgage amortizations for first-time buyers, and providing relief under the Canadian Mortgage Charter....

04/20/2024

Higher interest rates hamper Ontario pace of home building, finance minister says
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The pace of new home construction in Ontario is increasing but still below the target needed to build 1.5 million homes by 2031. Higher interest rates are hindering construction, with projections showing a slow rise in housing starts. The government is investing $1.6 billion in housing-enabling infr...

04/11/2024

N11 or N12: Which Fits Your Selling Plan in Ontario?

04/02/2024

Want to know which homes you could buy with your current rent?
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Which Home You Can Buy? Type your details and get a quick suggestions.

04/02/2024

Overbidding Returns in Mid-Q1 Ontario Real Estate Market

03/26/2024

Canada's Best Buyer's Markets