Real Estate in the News

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Court decision expands risks of disclosure with seller property information statement
A SPIS is a standard form document that was drafted by the Ontario Real Estate Association. It will contain information relating to defects, renovations and other pertinent property information based on the seller’s knowledge and experience. A vendor is not obligated to complete a SPIS and if the vendor elects to do so ...

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Real Estate in the News

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

Stay up-to-date with all real estate news updated continually on our Facebook page.

Bank of Canada keeps benchmark rate at 0.5%
Economists had been expecting the bank to keep its trend-setting target for the overnight rate where it is now. A few believe, however, that another cut might be possible later in the year unless the economic picture improves.

Three words to sum up Canada’s economy: ‘Best. ...

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Real Estate in the News

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

Stay up-to-date with all real estate news updated continually on our Facebook page.

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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Real Estate in the News

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

Stay up-to-date with all real estate news updated continually on our Facebook page.

Economists welcome Harper promise to collect foreign real estate investment data
A better understanding of international investors and where they are buying in Canada is called “very positive” but no one is uncertain what the data will be used for, if ownership rules will be brought in place. Also read “Foreign buyers snatch ...

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Real Estate in the News

Posted by:

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

Stay up-to-date with all real estate news updated continually on our Facebook page.

Stephen Harper pledges higher RRSP withdrawal limit for 1st time homebuyers
Increasing the upper limit to the Home Buyer’s Plan is a great idea, allowing more Canadians to purchase their first home. Also read “Harper pledges to track foreign property ownership“.

What the Current Canadian and U.S. Employment Trends Mean for Our ...

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Real Estate in the News

Posted by:

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

Stay up-to-date with all real estate news updated continually on our Facebook page.

TREB: A message from the new president
Mark McLean introduces himself as the new Toronto Real Estate Board president in this open letter

Don Pittis: Canadian economy needs to get out of election mode
A downturn in the economy may change the way the current government handles the finances of the country in order ...

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Real Estate in the News

Posted by:

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

Risks To Canada’s Economy Are On The Rise, Bank Of Canada Warns
House price growth continues to outpace income growth and that could be the fuse that leads to a house pricing correction says the Bank of Canada, but we are on a better economic footing to absorb economic shocks. Also read “Should Stephen Poloz be more worried about the Canadian economy?

Toronto condo construction heating ...

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