Can U.S. citizen buy property in Canada?

Can U.S. citizen buy property in Canada?

You might have stumbled upon this article and are a U.S. citizen interested in buying property in Canada…

Foreign Buyer Ban – What You Need to Know
January 10, 2023

Foreign Buyer Ban – What You Need to Know

Foreign Buyer Ban Took Effect January 1, 2023 The Foreign Buyer Ban, or more formally the Prohibition on the Purchase of Residential Property by Non-Canadians Act, takes effect January 1, 2023 and prevents non-Canadians from buying residential property in Canada for 2 years, the Canada Mortgage and Housing Corporation has announced.  The Government of Canada […]

2022 GTA Housing Market – Year in Review
January 10, 2023

2022 GTA Housing Market – Year in Review

Home Sales and Listings Down While Selling Price and Rent Up The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were exacerbated by sustained interest rate hikes by the Bank of Canada. “Following a […]

Preparing Your Property For Winter
December 8, 2022

Preparing Your Property For Winter

While decorating your home for the holidays can be a fun, family affair, prepping your home in practical ways for the impending colder weather is a necessity you don’t want to skip. Follow these 7 steps to get your home winter-ready! Clean Your Gutters  Prevent roof damage by cleaning your gutters before the first snowfall. […]

Bank of Canada Raises Rate Again to 4.25%
December 8, 2022

Bank of Canada Raises Rate Again to 4.25%

Central bank has raised policy rate 7 times this year in battle against inflation The Bank of Canada raised its benchmark interest rate by 50 basis points on Wednesday, to 4.25 per cent. This hike was expected, as Canada’s central bank has raised its rate seven times this year in its fight to quell inflation. […]

Average Selling Price Levels Off, Home Sales and New Listings Down in November
December 8, 2022

Average Selling Price Levels Off, Home Sales and New Listings Down in November

Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same period last year, following the trend that unfolded since the interest rate hikes started this spring, data from the Toronto Regional Real Estate Board (TRREB) shows. TRREB President Kevin […]

Top 5 Reasons to Buy Pre-Construction 
December 7, 2022

Top 5 Reasons to Buy Pre-Construction 

Top 5 Reasons to Buy Pre-Construction  In Toronto’s ever-changing real estate market, investing in a pre-construction condo still remains a lucrative long-term opportunity. When you look beyond the quick wins of flipping property, holding the property for the long haul and having a tenant pay off your mortgage can create passive income for you well […]

New Listings Down While the Average Selling Price in the GTA Levels Off in October
November 9, 2022

New Listings Down While the Average Selling Price in the GTA Levels Off in October

Home sales continued to decline in the Greater Toronto Area in October, while the average selling price stayed flat as fewer new listings hit the market, data from the Toronto Regional Real Estate Board (TRREB) shows. Sales for the month reached 4,961, similar to last month but down by 49% compared to October 2021. New […]

Bank of Canada Increases Target Interest Rate by 50 Basis Points
November 9, 2022

Bank of Canada Increases Target Interest Rate by 50 Basis Points

The Bank of Canada recently raised its target interest rate by 50 basis points, the sixth interest rate hike this year. What do these rate hikes mean for homeowners? According to a recent report from the Manulife Bank of Canada, 25 percent of homeowners say they will need to sell their home if rates continue […]

Cost of Living in Ontario 2022: Everything You Need to Know
November 2, 2022

Cost of Living in Ontario 2022: Everything You Need to Know

Ontario is one of the most popular provinces in Canada because it features big cities as well as smaller towns with great amenities. The cost of living in Toronto is among the highest in the country, there are dozens upon dozens of alternatives for singles, couples, and families alike. And, even if you’re looking to […]

Cost Of Living In Alberta 2022
October 31, 2022

Cost Of Living In Alberta 2022

The province of Alberta is bordered by the vast prairie lands, the Canadian Rocky Mountains, the Northwest Territories, and the State of Montana. It’s no surprise that this western province has earned a reputation for its natural resources, but the truth is that it’s one of the most attractive places to live in Canada. It’s […]

How Much Does Moving In Ontario Cost?
October 27, 2022

How Much Does Moving In Ontario Cost?

Relocating to a new city, neighbourhood, or home is always exciting for the whole family. That said, this also represents a number of challenges you need to prepare for. For instance, figuring out the average cost of moving in Ontario and determining how much you’ll need for your specific move. Working with professional moving companies […]

GTA home sales in September down 44% from last year, new listings lowest in 20 years
October 6, 2022

GTA home sales in September down 44% from last year, new listings lowest in 20 years

The Toronto Regional Real Estate Board (TRREB) reported that the GTA housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by 44% compared to September 2021. New listings were also down on a year-over-year basis by 16.7% to 11,237. This is the lowest number of new listings reported for September since 2002. 

Top 10 Ontario Cities to Live in 2022
September 20, 2022

Top 10 Ontario Cities to Live in 2022

It doesn’t matter if you’re a single person, a couple, or a family with children, living in Ontario is a great choice. The province offers a great combination of large cities with great job opportunities and superb natural attractions that include dozens of protected areas. Additionally, the province features racially diverse cities that are chock […]

Toronto Home Sales Down 34% Year-Over-Year, but up 15% from July 2022
September 8, 2022

Toronto Home Sales Down 34% Year-Over-Year, but up 15% from July 2022

Toronto Real Estate Market Update – August 2022 The Toronto Regional Real Estate Board (TRREB) reported 5,627 home sales in August 2022, representing a year-over-year dip of around 34 percent, which is a slower annual rate of decline compared to the previous four months. The August sales result also represented a month-over-month increase of 15% compared […]

Hamilton Relocation: Pros And Cons
September 7, 2022

Hamilton Relocation: Pros And Cons

Hamilton, Ontario has a great reputation for being a big city that also has a huge amount of green spaces. Also known as Hammer Town, Hamilton is surrounded by protected areas as well as natural parks like the Iroquoia Heights Conservation Area, the Royal Botanical Gardens, and Sherman Falls. But, there are many more benefits, […]

Mitch Marner

Mitch Marner

Canadian. NHL Hockey player. Justo investor

Marner Assist Fund

Buy or sell a home with Justo and we'll make a significant donation to the Marner Assist Fund in your name.

Looking For Something Else?

Send us your questions or blog article topics you’d be interested in reading or give us a call at 1-855-937-0206

By submitting, you agree with our Terms of service and Privacy Policy

Connect With Us

Connect with our friendly Client Ambassadors and find the best Agent to match your needs

Call us at 1-855-937-0206

Basma Ishaq
Sadaf Kamranyrad
jenah

Let us know how to reach you

By submitting, you agree with our Terms of service and Privacy Policy