Real Estate in the News

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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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Real Estate in the News

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This week’s top real estate news in Ontario and how your real estate business could be affected.

Significant growth in Toronto’s average condo rental costs
In Toronto the average condo one bedroom rent was up by 7.2 per cent to $1,777. The average two-bedroom rent was up by 7.9 per cent to $2,419

October is another hot month for Toronto home sales, prices soar
The Toronto Real Estate Board says there were 9,768 sales in the Greater Toronto ...

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Real Estate in the News

Posted by:

This week’s top real estate news in Ontario and how your real estate business could be affected.

NIMBYs Should Say ‘Yes’ To Development In Their Backyard
Here are five reasons why NIMBYism is bad for business, your own property investments and the local economy as a whole.

Suburbs on Track: Touring Transit-Oriented GTHA Development
Throughout the next 15 years, the province of Ontario will invest more than $32 billion into building light rail transit (LRT), subways, regional transit, ...

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Real Estate in the News

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 prices are ...

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Real Estate in the News

Posted by:

This week’s top real estate news in Ontario and how your real estate business could be affected.

Why BC’s tax on foreign homebuyers may make Toronto’s market even hotter
Next month, foreign nationals and foreign corporations will be charged a 15 per cent property transfer tax on residential real estate purchases in Metro Vancouver, and this could drive Toronto home prices higher as these buyers turn to markets without such a levy, a new TD Bank report suggests.

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Real Estate in the News

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

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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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