Should Ontario follow the lead and mandate Home Inspector certification?

Currently anyone in Ontario can call themselves a home inspector. Many consumers depend on the opinions of their home inspector to make what is often the largest purchase decision of their lifetime.  In order to improve consumer protection in this important part of the home buying process, the Ministry of Consumer Services is consulting on a panel's findings and recommendations to introduce mandatory qualifications for home inspectors.
Following the lead of other provinces in Canada, where several have already mandated certification processes:
The ministry is seeking input on a proposal for legislation that would establish mandatory qualifications for home inspectors. 

We truly believe that this is a very positive, and badly needed step in our industry.  We far too often see where poorly-qualified Home Inspectors fall short, and can cause large transactions to fail due to lack of care and diligence, or completely miss obvious issues, and yet they remain unacountable.  The certification process should bring back credibility across the board, and help give consumers far more assurance.

Ministry Of Consumer Services: Home Inspectors

More Information: "A Closer Look: Qualifying Ontario's Home Inspectors"

 

 

We're looking for your Heritage Home!

Are you living in a renovated Heritage Home in the Old Markham area?  If so, we would love to talk to you!  We have several clients looking to move into the area, with a preference for something with a Heritage flair.

Please feel free to contact us for a no-obligation Market Value assesment of your home.  If you are thinking of selling, or just curious to how your home may compare, don't hesitate to call us today!

Commercial volume down, dollar value up in the GTA

Although strong demand exists for commercial product within the Greater toronto area, year-to-date sales are hampered by limited availability.

Inventory levels continue to present a challenge, with virtually all segments of the commercial market reporting shortages. Year-over-year sales have fallen to 886 units over the $1 million price point as a result in 2013, down from 955 units between January and June one year earlier. Dollar volume, however, has surged ahead in 2013, climbing to $7.7 billion—a 28 per cent increase over 2012 levels—according to RealNet Canada.

Read more in the RE/MAX Commercial Report

CREA reports 11.1 percent increase in home sales

The Canadian Real Estate Association raised its outlook for homes sales this year as it reported a 11.1 percent jump in August sales compared with 2012.  The industry organization said it now expects sales of 449,900 homes this year compared with a June forecast of 443,400. CREA had reported 454,573 sales for 2012.

 

Recent increases to fixed mortgage rates caused sales to be pulled forward as buyers with pre-approved financing at lower rates jumped into the market sooner than they might have otherwise" CREA chief economist Gregory Klump said in a statement

Read More at The Toronto Star