BoC Suggests Return to Economic Growth
The Bank of Canada has only maintained the overnight rate target at 1.75%, but suggested that there is “...accumulating evidence that the slowdown in late
Joint Venture Announced for “Burlington GO Lands”
On June 4th, 2019 InterRent REIT announced a joint venture agreement with the CLV Group and Brookfield Property Partners. The partnership will be responsible for
Downtown Hamilton’s 2018 Office Stats
At the beginning of June, the City of Hamilton released a report stating that the downtown office vacancy rate was 12.7% in 2018. This was
Residential Spring Market Is Heating Up
The residential real estate market in Hamilton is gaining momentum as there were 18.5% more sales in April than there were in March. The average
Low Canadian Dollar Provides Opportunity
The loonie has declined since its two-year peak at 82.6¢ in 2017 compared to the US Dollar. While its currently sitting around 74¢ many analysts
The 2019 Federal Budget
On March 19th the Liberal government announced its 2019 budget. The budget introduced a plan to increase housing affordability through the First-Time Home Buyer Incentive.
Changing Retail Environment
Within the next two years, IKEA is set to open 30 city-centre stores worldwide. The Swedish retailer is adapting to consumer’s needs as they will
2018: Canada’s Second Highest Year For Real Estate Investment
Canada’s real estate industry continued to see a high level of activity with more than $34 billion invested in 2018. The industrial sector led the
Hamilton’s Industrial Properties Provide Opportunity
With high demand for commercial property and rental rates at an all-time high, there has been speculation of the first two-storey industrial distribution centre being
Residential Market February 2019
The month of February may have felt like an endless barrage of ice and snow, but it felt like spring was in the air in
RIOCAN ACQUIRES UPPER JAMES SQUARE FOR $35M
Canada’s largest retail landlord, RioCan REIT (TSE: REI.UN.CA), started the year off strong by acquiring the 114,000 square foot shopping centre on Upper James Street
Economic Slowdown Ahead?
In the last few weeks, there has been an increase in the number of indicators pointing towards a global economic slowdown. Historically the economy progresses
Why you should get a Home Inspection
Purchasing a house is one of the largest purchases that most people will ever make. It is important to make the decision to purchase the
Hamilton – Canada’s Most Diverse Economy
Once known solely as a steel town, Hamilton has grown into Canada’s most diverse economy. Hamilton obtained this prestigious title with an Economic Diversification Rating
Buying Your First Income Property
Buying Your First Income Property Purchasing your first income property much like making a purchase of any sizeable asset, such as your house or car,
Must Haves When Applying For A Mortgage
Purchasing a home is an exciting process, but gathering all the required mortgage documents can be a daunting task, particularly for first time home buyers.
Top 5 items To Watch For When Viewing A Home
Shopping for a home can be the most exciting time or the most tedious time. It's important to make sure you are making the most
2019 Market Forecast
Questions regarding Hamilton’s economic vitality have long dominated conversations among both investors and local residents alike. This November The Doyle Team attended RAHB’s Real Estate
Investor lingo 101 – Top 10 Investor Terms You Should Know
We've all heard the following terms: Cap Rate, GSI, NOI and although some of us know these terms inside and out a lot of us
5 Tips to Save Big on your Next Commercial Investment
These insights are specifically tailored to help save time, effort, money, and increase net operating income when purchasing multi-residential properties. Condition of Building Take
Why a Transaction Manager is An Invaluable Part of A Real Estate Team
Many different roles comprise your local, run-of-the-mill real estate team. These can be divided between roles assigned to either the real estate agents that comprise
SMOOTH CLOSING: 3 tips to keep your closing stress-free, from accepted offer to closing day
Congratulations!!! You’ve Accepted an offer on your home for more money than you could have possibly imagined and are excited to move on to the
First Quarter 2018 Market Insights
The Hamilton Commercial & Residential Markets - First Quarter 2018 The First Quarter of 2018 has been a busy one, with residential real estate sale
The Hamilton Downtown Secondary Plan: Putting People First
The Hamilton Downtown Secondary Plan - Putting People First In many ways, Hamilton is in a state of profound change. While this can be said
BIGGER AND BETTER: URBANIZATION IN HAMILTON
BIGGER AND BETTER: URBANIZATION IN HAMILTON A recent United Nations projection determined that by 2050, over 70% of the world’s population will be living in
Adventures in Commercial Real Estate
Stop and think for a second - every office building, storefront or apartment building you have ever walked into is owned by an individual or
Selling your new build before you close the deal, it’s possible – Assignment sales
Assignment sales are starting to find their way into the Hamilton real estate market. While currently quite common in the markets of Toronto and Vancouver,
The Real Estate Market Isn’t Crashing. In fact it’s back on the rise!
August saw a return to the familiar. Previously, we had discussed the slump that occurred in the market from May to July of 2017. Since
The Development of a City
Hamilton is a city that is ripe for development. In the last year, 327 private (unlisted) commercial real estate transactions valued over $500,000 took place
The real story about today’s real estate market
Recent changes in the Hamilton market have forced both buyers and sellers to re-evaluate their strategies. Prior to May of this year, prices grew at
The Spillover Effect
The Spillover Effect Most Hamiltonians are acutely aware how hot our city’s real estate market has become. Home prices in individual neighbourhoods and regions across
Bigger and Better: Urbanization in the Ambitious City
A recent United Nations projection determined that, by 2050, over 70% of the world’s population will be living in cities. The tide of urbanization is
Hamilton’s Aging Population and the Hamilton Market
Developments in Hamilton and the Country’s Aging Population Canada is currently undergoing a shift in its demographics. As time goes on and we move further
Investment First-Timers: A Primer
As the commercial and residential markets continue to heat up, many are looking to leverage their equity and purchase their first investment property. For many,
The Residential-Commercial Link
The Residential-Commercial Link: The Hamilton Market While most of us tend to concentrate primarily on one side of the real estate market, whether it be
Hamilton in Transition: Opportunities and the Where & What
Hamilton is caught in the middle of a paradigm shift that is affecting communities across the country, and one that is no stranger to our
What Neighbourhood Should I Buy In?
You don’t have to look far to find a reason to invest in Hamilton. Whether it’s the promise of an LRT line, the planned Bayfront
Know What You Can Afford
Knowing your affordable price range will bring your house hunting into focus. How much of a house you can afford depends on three things: How
Your Credit
An important step in securing mortgage financing is the credit check. As a routine part of the application process, the lender will order a copy
First-Time Buyers
The owning advantage (and some added incentive) Two out of three Canadian families own a house – that's one of the highest rates of home ownership in the
Closing Costs to Consider
What fees will you owe on closing day? Buying a home can be hectic. You’re coordinating meetings, arranging for financing and the house inspection, and
Elements of an Offer to Purchase
Putting it in writing for the seller After much deliberation, you have finally selected the home of your dreams. What now? Do you knock on
Top ten tips to make your house-hunting experience stress-free
1. Hire a real estate agent – Engage the services of an Ambitious Realty Advisors agent. As residential real estate experts, their wealth of experience, technical
View an open house with open eyes
You’ve found a gorgeous home, in the right neighbourhood, at the right price, and it’s finally time to tour the open house. You are already
Choosing a Neighbourhood
When it comes to Canadian real estate we’re fortunate to have clean, livable cities, neat and attractive subdivisions, and neighbourhoods that are ideal places to
Down Payment
How much will I initially need to purchase my new home? You will need enough funds to cover your down payment and closing costs, as
How Your Agent Can Help You Find a Home
Real estate agents: your guide through the real estate wilderness Think of your sales representative like a wilderness guide. Just as the wilderness guide keeps
What is CMHC Mortgage Loan Insurance?
Mortgage loan insurance is typically required by lenders when homebuyers make a down payment of less than 20% of the purchase price. Mortgage loan insurance helps
Understanding Market Conditions
Think back to high school economics. Remember those lessons on the laws of supply and demand, and how you swore you’d never need to know
Determine Needs vs Wants
Separating your must-have features from the ones you can live without Just as you wouldn’t set out to buy the Thanksgiving Day groceries without a
How to Choose the Right Agent
When you decide the time has come to shop for a new house, you want to stack the deck in your favour. That means working
Understanding Agency
Agency law: your assurance of fair play Would you raise an eyebrow if you discovered your dentist owns the candy shop down the street? Would
Types of ownership
Freehold, condo or co-op? Here’s a quick guide to help you determine your type As you embark on your hunt for housing and begin perusing