The plan to cool Ontario’s runaway real estate market
Last week, the provincial government released its plan to cool the runaway Ontario real estate market, increase supply and help create more and fairer rental accommodations for residents. You can read the whole 16-point plan here.There are some promising
4 industry experts nervous about Ontario’s foreign buyers tax
One of the cooling measures proposed by the Ontario government was a 15% foreign buyers tax, and we’re not sure how feel about it. Upon passing, the tax is retroactively effective as of April 21, 2017. In Vancouver, sales dropped significantly as soon
Condo sales hit record high as buyers seek more attainable housing
The Building Industry and Land Development Association (BILD) released its monthly new housing figures for March 2017, announcing a record high number of condo sales across the Greater Toronto Area (GTA). According to Altus Group, BILD’s trusted source
‘Let the horses run and the market will right itself’: Barbara Lawlor
We have discussed the hot housing market and different cooling strategies with a well known market research analyst, the President of the CHBA, and TREB’s Director Market Analysis. Recently, we had the opportunity to pick the mind of Barbara Lawlor,
Grieving the loss of my childhood home
There’s no way around it; moving is always stressful. Even if moving day goes smoothly, stress can still seep in behind the scenes when you’re drafting budgets, signing documents, screening real estate agents, or packing. The truth is that it’s a taxing
Do we really need government intervention to cool the housing market?
Arguably second only to talking about the weather, talking about real estate has become our national pastime. Are we in a bubble? Will it burst? How can we cool the market? Where is everybody going to live? How involved should the government be? Will the
Will mortgage rates creep up this year?
Once again, the latest report from Trimart Research Corporation draws attention to the supply and demand issue across the Total Market Area (TMA). The supply shortage no longer applies to only the Greater Toronto Area (GTA); the demand spillover has
'More than half of intending buyers will be first-time buyers in 2017': Jason Mercer
We recently had the opportunity to hear Jason Mercer’s thoughts on the different strategies being proposed to cool the Greater Toronto Area’s (GTA) housing market. As Director Market Analysis for the Toronto Real Estate Board (TREB), Jason is the
Guelph is the top city to buy a home: MoneySense
MoneySense just released its 2017 Where to Buy Now ranking, listing Canada’s most attractive real estate markets for investors and end-users. Topping the list is Guelph, Ontario! Thunder Bay held first place for two consecutive years, but Guelph has
Should you rethink how you define “home”?
Premier Kathleen Wynne said Monday that housing affordability measures were coming “very soon,” but most industry types seem to agree that government measures aren’t going to do much. There is no one factor to blame for our record-breaking high prices,
