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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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#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 […]

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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 […]

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With the Pan American games about to descend on our city in a few weeks, there seems to be uncertainty about how the events will affect traffic in and around the city. From June 29th through August 18th many of us who live, work and play throughout the downtown core are going to witness firsthand […]

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It seems today in Toronto’s frenzied real estate market that Buyers have become ‘numb’ with the understanding that most houses, as well as some condos, will sell for above the listing price. Years ago I used to describe to clients of mine that the list price of a property was simply an “asking” price: a […]

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The Spring market continues to show strong results as well priced new listings are being snapped up in days, and sometimes even hours! The confidence amongst buyers is high, as sales across all of the pockets I follow and work in are doing very well. Houses in the Toronto area continue to shine as well […]

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