As part of the 2022 federal budget, the Canadian government wants to provide initiatives designed to make homeownership more affordable. One way they plan to accomplish this is with the new First Home Savings Account (FHSA).


Aimed at first time home buyers, this new program will give prospective homeowners some tax relief as well as make it easier for them to achieve their homeownership goals. The FHSA does not replace the RRSP Home Buyer's Plan that already exists, however, it’s important to note that the two programs cannot be used in tandem. While the RRSP Home Buyer's Plan requires withdrawals from the account to be repaid, the FHSA does not.

Learn More About First Home Savings Accounts

First Home Savings Accounts are expected to be available in 2023. There will be eligibility requirements, as well as rules and conditions, so it’s best to consult with a mortgage broker or financial institution to determine if and how you can make this new option work for you.

In the meantime,...

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The last two years have changed the way people view and use their homes. As such, it should come as no surprise that the trends unfolding for 2022 in the landscaping space focus on pampering ourselves at home. The second dominate trend is bolstered by our increasing interest to preserve our planet by making simple changes on our own properties to support the environment.


Regardless of what your own backyard goals are for 2022, it’s fun to learn about the trends that are shaping decisions, and think about possibly incorporating them into your own space. While some are more unique and aesthetic, you may also get ideas on how to add convenience and practicality to your backyard too. 

4 Trends to Consider Adding to Your Backyard Space

From improving the plants and flowers you have in your backyard to incorporating additional living space for your family to enjoy, read more about the trends influencing backyards in 2022.


1. Edible gardens.


With the rising cost of food and a growing...

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Hockey Cares is back! Due to the global pandemic, we haven’t been able to do our hockey exchange since 2019. However, we are so thrilled to be planning an exchange this year! 

I founded Hockey Cares, a project of True North Aid, with the mission of connecting youth through a shared love of hockey. Starting in 2017, the Hockey Cares team and I have coordinated an exchange with Oakville and Attawapiskat bantam hockey teams. Attawapiskat youth travel to Oakville in July, and the Oakville youth fly up to Attawapiskat in November to learn from their new friends, play hockey, and experience a new culture.
 
Recently Elite Level Hockey did a story on Hockey Cares. Here are some quotes from a recent article: 

“I agree, I wasn’t sure about the program before I went,” Leah said. “As you go through the program — especially when they came here — I thought it was really, cool. It was one of the highlights...
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Housing affordability seemed to be a priority of the 2022 Federal budget; however, it will remain to be seen how effective some of the actions will prove to be. Buying a home in Canada has become increasingly out of reach for many Canadians, but will this new budget be enough to change the current market?


“TRREB is encouraged that governments at all levels continue to make housing affordability a priority, but it is critically important that governments take actions that will have meaningful impacts. All levels of government should be implementing evidence-based initiatives that address the real cause of affordability challenges, which is an inadequate supply of homes for sale or rent,” said TRREB President Kevin Crigger.


While the Toronto Regional Real Estate board is in favour of the budget actions intended to increase housing supply, it did express concern when it came to the effectiveness of policies intended to suppress demand. In particular, they feel that the focus on...

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Time to finally shed our winter coats as spring has definitely sprung across all major real estate markets within Ontario! The trend of significant over asking bids continues across all housing sectors, from condos to semi-attached and single-family homes.


Below you can find current hot housing markets and key indicators to watch out for. Are you ready to list or buy? Have questions? Looking for tips on how to market your home to increase resell potential? Sue Heddle Homes has only your best interests in mind whether you're selling or buying.

Key Insights to Note & Detailed Stats by Area

  • Consistent sales growth continues across all markets.
  • Hamilton and Niagara are rebounding from previous sales lag and are an affordable choice for families and commuters to major city centers.
  • The number of residential units sold also continues to be on the decline across all regions due to limited supply. This corresponds with an even shorter downward trend of units being...
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