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.

Foreign investors home in on Toronto real estate after BC’s tax measure, chart suggests
Record 2016 immigration and a growing first-time homebuyer population, which is the 25-to-34-year-old demographic, are supporting Toronto’s housing market, says Petramala – but there may be something else at play. “The sales-to-population ratio in Toronto has risen sharply recently, suggesting that foreign investment and speculation are playing a ...

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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.

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 ...

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