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This week’s top real estate news in Ontario and how your real estate business could be affected.
Foreign ownership of condos down in big cities: CMHC
A report by CMHC says foreign ownership of condominiums in some of Canada’s largest cities has moved lower compared with last year. Foreign ownership was the highest in Vancouver and Toronto at 2.2 per cent and 2.3 per cent, respectively. However, that was down from 3.5 per cent in Vancouver and 3.3 per ...
Posted by:
This week’s top real estate news in Ontario and how your real estate business could be affected.
Toronto mayor not in a hurry to decide about intervention in housing
Toronto’s mayor said that the city government in not in a rush to decide about intervention in the red-hot housing market’s situation. Also read “This is the main driver of Toronto and Vancouver home prices (and it’s not foreign investment)“.
Here’s where Toronto detached home ...
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Real estate news stories that we’ve been following this week.
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Realtors warn land transfer tax could double across Ontario
The Ontario Real Estate Association, in a release Tuesday, warned homebuyers that the province is moving ahead with a plan to allow all other municipalities to levy a land transfer tax.
Toronto experiencing a traditional fall market – with some unusual bumps
Houses are still ...