What History Can Teach Us about Real Estate Property Prices During and After a Crisis

There are lots to learn from history. While the current COVID-19 situation is different from previous crises, there are lessons that can be taken from the past.   Lessons from the SARS Outbreak in 2013 Although the SARS outbreak in 2013 did pose some challenges, the global and Canadian economies did not suffer as much damage compared to the fallouts from the current novel coronavirus outbreak. There was no significant ...

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How Close are We to a COVID-19 Vaccine or Treatment?

Developing a vaccine for any virus is no easy task. To this date, there is still no vaccine for the virus strain that caused the Severe Acute Respiratory Syndrome (SARS) outbreak in 2013. However, there have been many medical and technological advances over the past decade that are contributing to the current developments of a COVID-19 vaccine. To date, there are at least 20 vaccines that are in various stages ...

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Positive News about COVID-19

Whenever you turn on the news, all the major headlines revolve around social distancing and lockdown measures, the growing number of confirmed positive cases of COVID-19, the number of deaths around the world, and the economic and financial market fallouts due to business closures. However, beyond the grim headlines and in the unprecedented times that we are currently in, there are some good news. Here is a roundup of some ...

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Why We, Too, Can Flatten the Pandemic Curve

“Flattening the pandemic curve” means buying more time and slowing the transmission down, to reduce the strain on the medical system. Expanding the capacity of a medical system (such as calling on more doctors and nurses to help with providing medical care for coronavirus patients, expanding hospital capacities, creating makeshift medical centres or hospitals, and sourcing more ventilators and medical equipment) can only go so far. The rate at which ...

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Top 5 Reasons Why Richmond Hill is One of the Most Sought After Areas in the GTA for Real Estate

Richmond Hill is no doubt one of the most sought after areas in terms of real estate in York Region and the Greater Toronto Area (GTA). Here are the top reasons why Richmond Hill's properties often sell like hot cakes.   Reason #1: Abundance of Amenities When it comes to amenities such as parks, trails, and community facilities, Richmond Hill has an abundance of them. This means that any residential ...

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Top High Schools in York Region

York Region, often cited as one of the most livable regions in the GTA, is made up of 9 cities and towns: Vaughan, Richmond Hill, Aurora, Markham, Newmarket, Georgina, Whitchurch-Stouffville, East Gwillimbury, and King. School rankings by the Fraser Institute, an independent non-partisan research and educational organization based in Canada, indicate that a lot of high schools in this region routinely score highly in terms of students' academic performance. The ...

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Grants, Loans, and Rebate Programs for First-Time Home Buyers in Ontario

With this week's news that the Bank of Canada and major banks are slashing prime lending rate by 50 basis points (to 0.75% for the Bank of Canada, and to 2.95% for the major Canadian banks and financial institutions), some of you might be thinking of purchasing a home for the first time. Although the low interest rates signal buying opportunity, buying a home is still not cheap - especially ...

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