There's no denying that home renovations can increase the value of your home. According to the Canadian Home Renovation Survey a kitchen or bathroom renovation can be expected to nearly double the amount you invest.

Did you know that the average Canadian has approximately $27,000 in consumer debt, not including mortgages? Statistics Canada also reports that the total debt, including mortgages, has climbed to 165.75% of disposable income in the third quarter of 2013, meaning Canadians end up owing $1.66 for every $1 they earn in income.

Naturally, when shopping for a mortgage, one looks for the best interest rate possible. The amount of interest is the price you are paying for the mortgage, so the lower your interest payments, the better off you are. Is that always the case?

While on the surface it might seem that overpricing your home is a good idea, the results show otherwise. Whether you are new to selling or not, read on, this will apply to you at some point!

This week I wanted to touch upon Capital Gains tax on Real Estate transactions and the impact it has on the sale of your 'principal' property...

January 1, 2008 Toronto's 416 area saw its Land Transfer Tax (LTT) roughly double on most Real Estate sales. By now it appears that while this LTT might be 416's pain, it has proven to be 905's gain!