Archive | GTA Prices

24 April 2017 ~ 0 Comments

Provincial Government Announces Housing Plan Including Non-Resident Speculation Tax

The provincial government has announced a 16 point plan intended to improve housing affordability, including a Non-Resident Speculations Tax, and a commitment to review the Real Estate and Business Brokers Act, 2002.   The provincial plan includes the following actions: Introduction of a 15 per cent Non-Resident Speculation Tax (NRST) on the price of homes in […]

Continue Reading

24 April 2017 ~ 0 Comments

What should we expect with the Liberal governments housing plan?

The provincial government has announced a 16 point plan intended to improve housing affordability, including a Non-Resident Speculations Tax, and a commitment to review the Real Estate and Business Brokers Act, 2002. So what should we expect the impact will be on our current hot housing market? I don’t see much of anything changing with regards […]

Continue Reading

16 March 2017 ~ 0 Comments

Do we really have a housing shortage?

Almost everyone knows the Toronto real estate market has gone mad as of late, although many would like to have you believe for the most part; that all is okay and the madness is justified. Governments manipulate interest rates to mask affordability. Banks either prop up or speak down housing depending on how it currently […]

Continue Reading

11 February 2017 ~ 0 Comments

Spring has come early and sellers are doing very well!

The Toronto real estate market is on fire as of late, and properties that have come early to the market are reaping very big rewards! Detached homes continue to be in very high demand everywhere, and semi-detached and townhomes in the trendier parts of Toronto, multiple offers are the norm and will continue to be […]

Continue Reading

31 January 2017 ~ 0 Comments

TREB predicts 10%-16% increase in house values for 2017

The Toronto Real Estate Board released today their forecast for the GTA housing market for 2017. Much to the shock and awe of many, they are predicting an increase in house prices between 10%-16% over 2016 prices, mainly due to the constriction of supply. Activity is also forecasted to stay the same as the past […]

Continue Reading

16 January 2017 ~ 0 Comments

Toronto City Council says “raise the land transfer tax cost”

#AnotherObstacle It looks like Toronto City Council is at it again! Thinking that purchasers of real estate in Toronto’s neighbourhoods are flush with cash, they look to make sweeping changes to the Toronto Land Transfer tax program. For anyone who has purchased a property in Toronto since February 1st, 2008, you are well aware of […]

Continue Reading

15 January 2016 ~ 0 Comments

Are We to Expect Another Active Year in Toronto Real Estate Sales and Prices?

With winter now in full force across our city and the start of a new year behind us, those of you thinking about making a move or adding an investment property in 2016 might be wondering: what will be in store for the real estate market in Toronto? Let’s start with a brief recap of […]

Continue Reading

18 February 2015 ~ 0 Comments

HOT HOT HOT, to start off 2015!

2015 is off to a frantic pace in home sales and prices, which in my opinion were to be expected, as long as the winter weather played nice enough. If you recall last January and February we were buried deep in snow and this pushed back our market in sales a bit. This year in […]

Continue Reading

17 November 2014 ~ 0 Comments

Prices To Rise in 2015!

One of the most frustrating things for prospective buyers to hear is that house and condo prices are continuing to rise. We’ve become so accustomed to constant news about the lack of housing supply (with the exception on the new condo sale side) that buyers cringe, knowing this typically translates into bidding wars! Last week […]

Continue Reading

03 May 2014 ~ 0 Comments

Latest “must haves” in condos priced between $750,000 – $1 million dollars

For years now the standard condominium has become the option of choice for the majority of first time buyers. Various reasons have led to this reality, but what are condominium buyers looking for today when purchasing a condo in a price range that is not targeted to the first time buyer? In my experience working […]

Continue Reading