Blog | Lockwood Paralegal Firm

Rent-to-own the Solution to More Ownership?

The rent-to-own plan has become increasingly popular in Ontario. The question is, will it lead to more first-time buyers? Will access to...

In York Region, Bidding Wars are the Norm

Year-over-year sales of houses in York Region have outpaced Toronto. With the market still hot, bidding wars have become the norm rather...

NDP Platform Includes Tenant Assistance Program

With the election campaigning in full swing, the NDP has indicated that part of the platform will include a tenant assistance pledge. The...

Are Houses Unaffordable?

Has housing prices become a crisis in Toronto? It is frustrating to make a good income and be unable to purchase a house as prices rise....

Inflation Rates are Rising, What Does That Mean for Mortgages?

Inflation is at a decade-long high rate (3.7% for July 2021). The Bank of Canada believes that elevated consumer prices are temporary and...

12-14% of Homeowners in Major Canadian Cities Own Multiple Properties

In an interesting bit of research, it was found that in three (3) major Canadian cities, many homeowners have multiple properties to...

Pandemic Pushes GTA Rent to Lowest Levels in Years

COVID-19 has made a strange impact on rent pricing. A lot of families, especially lower-income tenants, are still struggling to pay rent....

Why Your Children Will Know About Mortgages Than You

The Canadian government announced a change in school curriculum, adding lessons about mortgages and home loans. For years, many have...

Toronto and "Inclusionary Zoning"

ACORN has released a report called "Inclusionary Zoning Toronto" which is fighting for Toronto to sustain affordable housing. The report...

House Prices in Canada Continue to Accelerate

The housing market in Canada continues to head in an upwards trajectory. The index that tracks pricing shows that single-family homes...