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This week’s top real estate news in Ontario and how your real estate business could be affected.
‘Danger Report’: Real estate pros fret court could break lock on secret sales data
Ross Kay claims a real estate agent handing over a few sold listings to a client is not the same as making the information widely accessible online. “What that means is that every single personal detail in a home’s listing would be available to any major corporation or ...
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This week’s top real estate news in Ontario and how your real estate business could be affected.
Home Prices Up Over 50% In GTA’s Hottest Neighbourhoods
Rural Markham tops the list at 77%, the top 5 neighbourhoods have appreciated more than 50% year over year while the bottom five have appreciated in the 44-47% range. Five out of the top ten neighbourhoods are in Markham, four are in Toronto and one is in Oshawa.
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This week’s top real estate news in Ontario and how your real estate business could be affected.
Ontario property values jump nearly 50% on Toronto’s surging market
Across Ontario, property values increased 18 per cent between 2012 and this year, or 4.5 per cent a year on average, according to the latest assessment data released by Municipal Property Assessment Corp., which conducts assessments on more than five million residential properties in the province once every four years. The values ...
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Two-thirds of millennials expect to afford a Toronto-area home, study suggests
About two-thirds of millennials in the Toronto area expect to own their own home, according to a survey by Pollara for Bank of Montreal being released Wednesday. That’s despite a higher average purchase price of $465,000 in Toronto, compared to the $350,000 national average.
Home sales break March record
“Greater Vancouver ...
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Average Canadian home now costs more than $500,000, CREA says
Monthly sales data from the Canadian Real Estate Association released Tuesday show the average price of a Canadian home was $503,057 in February. That’s an increase of more than 16 per cent from the same month a year ago.
Canada second only to France in taxing people who make $200,000 a year or ...
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Five things to know about new mortgage rules that came into effect Monday
Homebuyers now have to put at least a down payment of 10 per cent on the portion of the price of a home over $500,000. For anyone buying a home for $700,000 — a common list price in Vancouver and Toronto — that means the minimum down payment will rise ...
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Real estate news stories that we’ve been following this week.
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Toronto’s residential land prices reach new highs: ‘More condominiums coming’
Residential land prices increase with the emphasis on higher-density condo projects coming to market.
5 reasons why the market meltdown matters to all Canadians
The recent pull-back of stock markets around the globe could signify any number of future trends. here’s a primer on ...
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The week of real estate news in review presented by Realty Point.
CREA pays over $3 million for rights to .mls – REMonline.com
The Canadian Real Estate Association outbids Afilias to win the rights to be the registrar of the top level .mls domain name registry. CREA worked with the National Association of Realtors (NAR) in their winning bid.
What can mortgage shoppers expect in 2015? Here are five predictions – theglobeandmail.com
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