3/27/2020 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

It's very likely that COVID-19 will shatter Ontario's municipalities' budgets, and without provincial or federal help they will have no option but to increase the ... More

Cities worry COVID-19 could shatter their budgets

  6/5/2019 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Canadian homeowners continue to cut back on home renovation spending in 2019: CIBC Poll ... More

Homeowners' spending on renovations falls to 6-year low

  7/27/2018 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Canadians spent nearly $78bln on renovations last year, but a slower sales cycle could impact that figure. ... More

Home renovations surge

  6/1/2018 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Spending drops as much as 25 per cent in some provinces as more homeowners focus on wear and tear. ... More

Canadian homeowners trim spending on home renovations in 2018

  8/6/2017 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

A rental suite is a great way to help homeowners meet their mortgage payments at a time when home prices are creeping ever upward in some parts of Canada. ... More

If you haven't disclosed your home's rental suite, you may be breaking the law

  10/8/2016 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Earlier this week, Finance Minister Bill Morneau introduced tax changes that were aimed primarily at foreign investors in Canadian real estate to ensure they abide by our existing ... More

How principal-residence tax changes will affect every Canadian homeowner

  10/4/2016 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

For most people, buying a first house or condo is exciting and a big leap into adulthood. But it doesn’t take long for the cold hard reality of mortgage payments, taxes and ... More

Common real estate scams and how to avoid them

  9/15/2016 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Canadian household debt ratios hit a record high over the spring, according to new figures released Thursday by Statistics Canada. ... More

Canadian key household debt ratio hits record high

  9/15/2016 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Good news and bad news for homeowners; low interest rates are set to be around for a while but the Canadian economy is likely to remain sluggish. ... More

Get used to low interest rates, slow growth

  9/13/2016 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

A room’s size is sometimes a matter of perception, and the paint color on the walls has a lot to with that perception. Some colors can actually make a room appear smaller, ... More

Paint Colors That Make a Room Look Bigger

  8/25/2016 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Canadians are borrowing more as low interest rates help drive a thirst for credit. Non-mortgage loans increased in the second quarter of 2016 according to RBC, especially auto ... More

Lender warns over rising household debt

  6/24/2016 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Canadian homeowners are projected to spend an average of $13,017 per household on renovations and home improvements this year, according to the latest poll by CIBC. ... More

Each Canadian household to spend around $13,000 on renovations in 2016: CIBC

  6/15/2016 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Canadians owe $1.65 for each dollar of disposable income according to Statistics Canada with an increase in debt levels driven by mortgage borrowing. ... More

Household debt eases but mortgages remain strong

  5/25/2016 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

The ambitious climate change initiative proposed by Environment Minister Glen Murray and exposed by the Globe and Mail is bound to come with a hefty bill, critics caution. ... More

How much will it cost if Ontario makes you kiss your gas furnace goodbye?

  5/3/2016 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

The Liberal government said its plans to make it easier for landlords to evict problem tenants will lead to more affordable housing, but tenants' rights groups blasted the new ... More

Ontario mulls changes to rental rules, prompting concern from tenants groups

  3/15/2016 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Canadian’s household debt continued its upward trajectory in the fourth quarter of 2015. The latest data from Statistics Canada shows that average debt rose by 1.5 per cent ... More

Mortgage debt behind rise in household debt

  11/20/2015 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Colourful leaves and cooler temperatures are a sign that winter is on its way. Harsh winter winds, freezing temperatures, rooftop snow and ice build-up can cause damage to your ... More

Winterize your home to prevent water damage

  11/12/2015 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Electricity prices in Ontario rose in November, pushing the average household hydro bill up by 3.4 per cent. There are some things you can do to keep your bill ... More

8 ways to reduce your hydro bill

  10/29/2015 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

The federal government isn't the only one spending on construction projects of late, as Scotiabank said Wednesday that Canadians will spend a record $53 billion this year on ... More

Scotiabank construction report says Canadians to spend record $53B on renos in 2015

  8/13/2015 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Canadian households are carrying more debt on average than they were last year but it is generally as the result of “good” spending. A report from mortgage lender BMO ... More

Canadian household debt increases but for good things

  8/8/2015 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

In the heart of Toronto’s overheated housing market, where the average detached home now sells for more than $1 million, Harper vowed to make life better not for those ... More

Harper promises to introduce permanent home renovation tax credit if he is re-elected

  7/24/2015 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Homebuyers looking for a mortgage are finding conditions are getting tougher if they are self-employed, at a time when there is an increasing number of self-employed Canadians. ... More

Borrowing is tougher for self-employed

  7/16/2015 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Canada’s ageing housing stock together with influence from TV shows has led to more spending on renovations. Figures from the Altus Group show that Canadian households spent ... More

We're spending more on renovations: Altus Group

  6/16/2015 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

A survey by Manulife Bank of Canada says nearly half of Canadian homeowners are taking steps to whittle down their mortgage debt, but many would be in trouble if their monthly ... More

A third of Canadians would struggle if mortgage rate grew by only 1%, survey finds

  5/21/2015 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Canadian consumers may be carrying record levels of debt but they are doing so responsibly. The Fraser Institute’s Phillip Cross, a former chief economist at Statistics ... More

Fraser Institute says Canadian debt is under control

  5/14/2015 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

The majority of Canadian homeowners would welcome the opportunity to lock in their mortgages for longer according to a new survey from CIBC. The poll conducted for the mortgage ... More

Longer mortgages are the choice for more homeowners: CIBC

  5/12/2015 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

For many Canadians the use of home equity has become the credit line of choice, replacing credit cards, and this is worrying say consumer advocates. With interest rates making ... More

Concern over increased use of home equity credit lines

  5/8/2015 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

According to a poll released by CIBC on Thursday, Canadian homeowners plan to spend an average of $17,142 on renovations this year, with basic maintenance such as painting, ... More

Canadian homeowners planning to spend $17,000 on renovations this year: poll

  4/13/2015 | Posted in Home Owners by Sam Cuda & Nancy Cuda
  SHARE

Whether taking on a renovation project of your own, hiring a professional or planning to redecorate this spring, here are some of the most helpful and informative books on the ... More

Looking to change the look of your home? The best design and reno books by Karl Lohnes, Canada AM's design expert
Ask Sam Cuda & Nancy Cuda

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.

Security Question: 7 + 7 =