Category: Ideas + Articles
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Government accused of swindling first-time homebuyers
The First-Time Home Buyer Incentive (FTHBI) has been modified to improve income qualification, but it’s being lampooned as a cynical ploy for the government to profit off of buyers who have the most trouble getting on the housing ladder. The changes, first proposed five months ago, raise maximum household income qualification to $150,000 from $120,000,…
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Peterborough and the Kawarthas Association of REALTORS® Inc. MLS® home sales rise to second best April on record
The number of homes sold through the MLS® System of the Peterborough and the Kawarthas Association of REALTORS® Inc. totaled 335 units in April 2021. This was more than double the levels from a year earlier, rocketing up 318.8% from April 2020. Residential sales haven’t hit this level in the month of April in five…
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COACH HOUSES IN PETERBOROUGH!
COACH HOUSES IN PETERBOROUGH! A coach house is permitted as a secondary suite if the property is eligible. At this time, only one secondary suite is permitted on a property. It must be in the residential zone. It must be on a property with a single unit dwelling, row or townhouse or semi-detached dwelling. All…
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Peterborough and the Kawarthas Residential Market Activity and MLS® Home Price Index Report April 2021
1 Sales / new listings * 100; compared to levels from previous periods. 2 Active listings at month end / monthly sales; compared to levels from previous periods. 3 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far…
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THE IMPORTANCE OF OUTDOOR SPACE FOR SECOND SUITES
Unless you’re a perennial snowbird, most Canadians only enjoy about 2 months of real summer in any given year. That means we truly value the warmer weather when it finally does arrive, and soak it in for all it’s worth however fleeting it is. This is why it’s super important to consider the outdoor amenity…
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OA Wealth Podcast Ep. #13 – Mike Iuliano
In this episode Randall sits down with Mike Iuliano. Mike Iuliano is an investor. Mike offers training courses in stock charting. Charting is technical analysis for stocks, cryptos, Metals, ETFs, etc. Mike also outlines his real estate strategies/portfolio, his businesses, and his future development plans. If you would like to learn more about Mike and…
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TORONTO STATS – April 2021
Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. Bucking the regular seasonal trend, April 2021 sales actually declined month-over-month. A similar trend was noted for the number of new listings reported.…
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The trillion-dollar question is how federal spending will position the economy for post-pandemic success
Amidst massive federal stimulus spending, where is Canada’s strategic economic vision for the future? It’s not easy to find, but on page 142 of the federal government’s fiscal and economic update, in a little shadowed box, there’s a number that will have a big impact on Canadians for generations to come: “Accumulated deficit: $1,423 billion…