Real Estate in the News

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Real estate news stories that we’ve been following this week.

It’s crunch time for Toronto’s home sellers and home buyers –
With TREB releasing figures showing the strongest home sales numbers in April than ever on record, May is having a great start as home sellers and buyers are adjusting their strategies almost daily. Also read “Relisting Toronto townhouse at a lower price leads to quick sale” and “House prices off peak levels in every urban market but Vancouver, Toronto“.

Ontario Realtors® Rally Support For Personal Real Estate Corporations –
The Ontario Real Estate Association reports growing momentum of support for the establishment of Personal Real Estate Corporations in Ontario. The profile has been raised and Bill 69, Tax fairness for Realtors has passed first reading. The question remains will it make it through this legislative session?

Realtor’s security breach costs young home buyer $10K
A real estate broker’s free gmail account is hacked and a young woman that recently purchased her first home is out $10,000.