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New rules for home purchases over $500,000

House price over $500,000? New downpayment rules begin in February. On February 15, 2016, minimum downpayment rules are changing in Canada – for homes worth more than $500,000. The change is straightforward: for any portion of the house price over $500,000, buyers will need to provide … Continue Reading...

Second Best Year for Real Estate Sales Since 2007

January 4, 2016 2015 proved to be not only the best year for real estate in the jurisdiction of the London and St. Thomas Association of REALTORS® since 2007, but also the second best year in the history of the Association overall. 9,366 area homes exchanged hands over the course of … Continue Reading...

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