Should The City Cut Toronto’s Land Transfer Tax by 10%?
There’s been a lot of buzz around Toronto’s development charges lately, with the announcement that the City is looking to raise them by approximately 90%. This news hit around the same time that Mayor Rob Ford proposed to have Toronto’s Municipal Land
Rising Rates May Have a Snowball Effect
Not that anyone wants to think about snowballs just now, but industry analyst Will Dunning, chief economist for the Canadian Association of Mortgage Professionals, says in a recent post that a rise in interest rates could quickly translate into
Trimart: Spring Ends on a High Note
Now that spring is over, some final numbers are rolling in for the season. Trimart’s annual forecast has already been 40.8% achieved, and spring ended with an upward trend. May was the fifth consecutive month to show monthly sales increases for new
Genworth Canada Releases Spring 2013 Metropolitan Housing Outlook
Recently, Genworth Canada released their Spring 2013 Metropolitan Housing Outlook report. Genworth Canada’s report examines average prices throughout Canada for resale homes, the rate of housing starts, and also forecasts how certain regions of Canada
Building Energy Efficient Homes is the Way of the Future
It looks like the City of Toronto is entertaining a new initiative focused on promoting energy efficiency in our new homes! And we thought Sustainability Month was over.The Energy and Water Efficiency InitiativeThe City of Toronto is looking at a program
King Street made for walkin’?
Kudos this week to TTC chair Karen Stintz for convincing the commission to approve a request for a joint TTC-Toronto study on the “feasibility and merits” of putting morning rush hour reserved streetcar lanes on King Street.Like politicians everywhere,
What Does the Future Hold for Metro Hall?
Ever since the formation of Build Toronto, we have seen quite a few of high profile sites sold off to private developers. The projects at 10 York and 154 Front St. East are prime examples of how Build Toronto is contributing to the new home
BILD’s Downtown East Bus and Walking Tour
Last week, we attended the Building Industry and Land Development Association (BILD) "Downtown East Bus and Walking Tour." It was BILD's first Walking Tour since 2009, and it looked like a good 50 or 60 people were in attendance - a great turnout!Our
New Home Sales Remain Low in May
Over the past month, Building Industry and Land Development Association (BILD) has been quite vocal about the effect that development fees have on affordability. They recently released a report outlining how much development fees and other associated
More questions than answers
In a report issued yesterday, ONPHA (Ontario Non-Profit Housing Association) says that lower homeownership rates are about to create additional pressure on an already-strained rental housing market. The report, Where’s Home? 2013, released in conjunction
