Mindblown: a blog about philosophy.
-
Tax Savings Strategies
Canada's progressive tax system means higher earners face increased tax rates. To manage this burden, consider using life insurance to cover estate taxes and explore insurance-based investment strategies for tax-free retirement income. Family income splitting can also help, through methods like family trusts and spousal loans. Maximize RRSP contributions for tax-deferred growth and utilize tax-free…
-
Toronto Back in the Game | Watch Today’s Real Estate Updates & Tips
Home sales hit their strongest July in years, showing a clear rebound in buyer activity. Lower borrowing costs and more listings are pulling buyers back into the market. Inventory is climbing, giving buyers more choice across all property types. Prices are slightly softer, keeping the market competitive for those ready to act.
-
Home Financing Tips for First-Time Buyers
Buying your first home requires careful financial planning. Key mortgage terms include principal, interest, amortization, and equity. Mortgage types include fixed-rate, adjustable-rate, and government-backed loans. Preparation involves assessing financial health, saving for a down payment, and budgeting for extra costs. First-time buyers should get pre-approved, understand options, and negotiate terms. Specialized loans exist for low-income,…
-
First-time home buying: The financial assistance you need
First-time homebuyers can access various programs to ease financial burdens. The Home Buyers’ Plan (HBP) allows withdrawals from RRSPs for down payments, offering up to $35,000 tax-free. The First-Time Home Buyer Incentive provides 5% or 10% of the purchase price as a shared equity mortgage. New Brunswick offers a Home Ownership Program for low-income families,…
-
GTA Condominium Prices Fell to $651K | Watch Today’s Real Estate Updates & Tips
GTA condominium prices fell to $651,000 in July, the lowest since February 2021. Condo values dropped 9.3% year-over-year, outpacing the broader market’s 5.5% price decline. A record influx of newly completed condos is extending selling times and increasing negotiation opportunities. Sales volumes rose 5.8% in July, marking the strongest July since 2021 despite falling prices.…
-
GTA Achieves Best Mid-Summer Home Sales in 4 Years | Watch Today’s Real Estate Updates & Tips
July 2025: 6,100 sales, ↑10.9% YoY New listings: 17,613, ↑5.7% YoY Average price: $1,051,719, ↓5.5% YoY Market tightening as sales outpace listings Foreign buyer ban exemptions and future relief discussed
-
Signs of Confidence Return in Toronto Real Estate | Watch Today’s Real Estate Updates & Tips
Toronto home resales rose 8.4% in May—second consecutive monthly increase. Signs suggest worst-case fears may be fading fast.
-
Markham home prices drop 3.1 per cent to $1.25 million in July 2025
In July 2025, the average home price in Markham was $1.25 million, down 3.1% from June and 8% from July 2024. Sales rose 17.7% with 266 homes sold, while active listings increased 36.3% to 1,310. Detached homes averaged $1.68 million, semi-detached $1.09 million, attached $1.07 million, townhouse condos $785,269, and apartment condos $690,334. Prices have…
-
Buyers Win: GTA Home Market Favours You | Watch Today’s Real Estate Updates & Tips
↓ 60% new home sales YoY in June; only **510** sold vs. **2,801** 10-yr avg. Condo sales ↓ 67% YoY; **217** sold, 89% below 10-yr avg. Single-family sales ↓ 53% YoY to **293**; 62% below historical norm. High building costs (~$1.5M single-family, $1M condos) and economic uncertainty cited as main causes. Record **22,254** homes on…
-
GTHA Townhouses Offer Safer Investment Entry | Watch Today’s Real Estate Updates & Tips
Townhouse sales declined just ↓ 4% Q1–Q2, outperforming condo segment sharply. 13 projects launched Q2 with 53% of released units sold—signs of demand resilience. Avg sale price $867K—off peak but holding better than high-rise units. Townhouse projects rebounding after tariff effects, with investor attention returning. Lower risk profile than condos makes townhouses a safer investor…
Got any book recommendations?