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Shan Thayaparan | Real Estate Sales Representative Serving 
Scarborough, Toronto, Ajax, Pickering, Durham, Brampton, Mississauga, York Region and the GTA | Re/Max Community Realty Inc., Brokerage

Housing / My Blog

Young Canadians still bullish on housing

6/13/2017 | Posted in Mortgages and Real Estate by Shan Thayaparan

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Millenials are confident in their financial future and in the housing market, according to a new study.

...

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Six stunning numbers about Toronto real estate and your personal finances

4/8/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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From a personal finance point of view, Toronto real estate makes your head spin. Monthly price increases for resale houses in the city are amazing enough in their own ...

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Toronto house prices may jump 25% this year: Report

3/27/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling ...

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Canadian housing starts begin 2017 on a high, fuelled by Ontario

2/12/2017 | Posted in Real Estate News by Shan Thayaparan

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Canadian housing starts unexpectedly rose in January as Ontario saw a strong increase on ground breaking of new homes, suggesting home construction got off to a ...

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Toronto condo sales push to records as buyers get squeezed out of the low-rise market: report

2/7/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Priced out of detached houses and other low-rise products, Toronto buyers poured into condominiums units last year to create a 10-year low in inventory, according to a recent ...

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CMHC reports annual pace of housing starts in Canada picks up in December

1/10/2017 | Posted in New Developments by Shan Thayaparan

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Canada Mortgage and Housing Corp. says the seasonally adjusted annual pace of housing starts in December came in at 207,041 units, up from 187,273 in November.

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Average home size to contract in the near future - report

10/28/2016 | Posted in Industry Trends by Shan Thayaparan

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A recent report warned that the average size of Canadian homes will decrease in the next few years, even as affordability in Vancouver and Toronto won’t return to ...

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CMHC warns high house prices spreading to B.C., Ontario suburbs

10/27/2016 | Posted in Real Estate Market by Shan Thayaparan

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Canada’s housing agency is warning that prices are soaring in smaller communities in British Columbia and Ontario as the real estate boom in Vancouver and Toronto spreads ...

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Canada's record household debt is threatening its financial stability

10/26/2016 | Posted in Financial Health by Shan Thayaparan

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Canada’s debt, swelled by a decade-long housing boom to almost triple the size of its economy, is drawing increasing concern from an international banking community that ...

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Ottawa looks to shift some mortgage loan default risks from taxpayers to banks

10/24/2016 | Posted in Mortgages and Real Estate by Shan Thayaparan

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The federal government formally launched consultations Friday to explore potential changes that would shift some of the financial risk tied to ...

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Millennials set on finding their perfect 'YOLOcation', despite steep city home prices: TD

9/21/2016 | Posted in Home Buyers by Shan Thayaparan

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Millennials are applying the "you only live once" philosophy to their homebuying approach with nearly half of surveyed Millennials who commute (48 per cent) saying ...

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Toronto condo construction boosts pace of housing starts: CMHC

7/12/2016 | Posted in Real Estate Market by Shan Thayaparan

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Canada Mortgage and Housing Corp. says the pace of home construction picked up last month, boosted by work beginning on apartments in Ontario and especially condominiums in ...

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Home Prices Up 0.6% In February

3/14/2016 | Posted in Real Estate Market by Shan Thayaparan

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In February, the Teranet–National Bank National Composite House Price Index™ was up 0.6% from the previous month, the largest increase for a February since the ...

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Mortgage debt behind rise in household debt

3/15/2016 | Posted in Home Owners by Shan Thayaparan

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Canadian’s household debt continued its upward trajectory in the fourth quarter of 2015. The latest data from Statistics Canada shows that average debt rose by 1.5 per ...

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Housing starts slowed in January except in one province

2/8/2016 | Posted in Real Estate News by Shan Thayaparan

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The pace of housing starts was slower in January according to new figures from the Canada Mortgage and Housing Corp.

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Is it time to sell your rental property? Or time to buy another?

10/9/2015 | Posted in Real Estate Market by Shan Thayaparan

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According to Statistics Canada, 69 per cent of Canadians own homes, so most of us have reason to worry about the fate of the housing market. Landlords, in particular, make a ...

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Canadian housing market alive and well

9/23/2015 | Posted in Real Estate Market by Shan Thayaparan

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The broader Canadian economy may be struggling, but David Rosenberg wants you to know that the housing market remains alive and well. Gluskin Sheff + Associates ...

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Multi-family units drive housing permits

8/10/2015 | Posted in Real Estate News by Shan Thayaparan

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Housing permit applications increased in June led by multi-family units in Quebec, Alberta and Ontario. Figures from Statistics Canada show that institutional building ...

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Harper promises to introduce permanent home renovation tax credit if he is re-elected

8/8/2015 | Posted in Home Owners by Shan Thayaparan

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In the heart of Toronto’s overheated housing market, where the average detached home now sells for more than $1 million, Harper vowed to make life better not for those ...

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Home Prices Up 1.4% in June

7/14/2015 | Posted in Real Estate Market by Shan Thayaparan

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In June the Teranet–National Bank National Composite House Price Index™ was up 1.4% from the previous month, a sixth consecutive monthly increase. The rise was ...

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