In toronto real estate, housing prices in Durham Region are on the rise. And just like those other parts of the country, some are saying the growing prices are not sustainable. According to a news release from the Durham Region Association of Realtors, average selling prices in Durham Region were up 15.8 per cent […]
Toronto Buyer Posts
Ontario may consider Vancouver-style tax on Greater Toronto Area homes
In toronto real estate, with concerns rising that a new housing tax in Vancouver could further drive up prices in the Greater Toronto Area’s already hot real estate market, Ontario’s finance minister isn’t ruling out a similar tax here. “Our government understands the importance of concerns related to housing affordability and ensuring a stable […]
Toronto housing market is spooked by Vancouver real estate tax
In toronto real estate, Toronto’s red-hot real estate market could get even hotter as foreign nationals looking to dodge a new 15 per cent tax on properties in Vancouver seek new places to invest, realtors say. The Vancouver real estate tax, which takes effect Tuesday, was introduced by the British Columbia government with the […]
Real estate transparency law, how it works
In real estate law, confidentiality rules mean bidders can’t see contents of other bids, but Ontario legislation has transparency rules, too. In toronto real estate, when you’re involved in a bidding war for a home and you lose, it can be frustrating and discouraging — even heartbreaking. Especially when you find out that […]
SPIS real-estate document could induce a path to court
In toronto real estate, the Seller Property Information Statement (SPIS) continues to be the single most dangerous document in current use in the real estate market. Since 1997, when the form first came into use, there have been 94 reported Ontario court cases centred on the document. Across the country, the total exceeds 250. […]