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 […]
foreign home buyer
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 […]
Steps after a failed agreement of purchase and sale
In toronto real estate, buying a home can be very stressful and complicated with all the paperwork, acknowledgements, representations and agreements that are required, as well as the normal process of due diligence that most buyers and some sellers want to include. As a buyer, you normally enter into an agreement of purchase and […]
Learn from the anatomy of a housing bubble
Every 20 years or so, investor dementia sets in. Memories are wiped clean, allowing individuals to make the same mistakes over and over again. It doesn’t matter if it is real estate markets, stock markets, commodity markets, or tulip markets (I’ll get to this later). They are all the same. Why? Because markets are a reflection […]
Toronto’s ultra competitive real estate market – Welcome to real estate jungle
Toronto real estate agent Christopher Bibby is preparing to list 17 properties for sale in the next two weeks. He can already feel the eyes of circling predators. “I almost want to say I’ve never seen such an aggressive market.” Mr. Bibby, with Sutton Group Associates Realty, says people have gotten wind of plans […]