All Posts in Category Market Updates

Ontario slaps 15% tax on foreign buyers,

Ontario slaps 15% tax on foreign buyers, expands rent control in 16-point plan to cool housing The Ontario government moved forward Thursday with initiates to rein in the housing market, with 16 new measures to control real estate, including a 15 per cent tax on foreign buyers and expanded rent control rules. Ontario’s Fair Housing Plan…

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Five reasons experts say Toronto home prices are going

Five reasons experts say Toronto home prices are going through the roof TORONTO — The average selling price of all homes in the Greater Toronto Area skyrocketed last month, climbing 33.2 per cent from a year ago to $916,567. The latest data from the Toronto Real Estate Board comes as policy-makers mull potential measures to slow…

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Toronto home prices soar a record 33%,

Toronto home prices soar a record 33%, pushing average house to $916,000 Toronto’s residential housing market showed no signs of cooling last month, with the average sale price soaring a record 33 per cent from a year ago, pushing the cost of a detached home in the heart of the city to almost $1.6 million. In…

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