Surprisingly I'm generally in favour of some of the measures being proposed in Ontario's Fair Housing Plan. I've sold houses where a year later the neighbours inform me the house is sitting vacant. A tax on non-resident investors that remove supply from the housing is fair in my opinion. So is fairly taxing house flippers. That said there already exist measures to tax a flip as a business vs capital...
by Stjepan Rasic In the wake of the new federal mortgage rules that took effect last month, TD Bank raised its Mortgage Prime rate for variable mortgages by 0.15 points (up to 2.85 per cent) on November 1. Read More from Canadian Real Estate...
by Stjepan Rasic TREB President Larry Cerqua announced another very strong quarter for condo apartment sales. Click to read...
by Stjepan Rasic Oakville, ON, November 2, 2016 – According to figures released November 2 by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales decreased by 2.46 per cent in October compared to the same period in 2015. Monthly property sales totaled 715 compared to 733 in September 2015. The number of new property listings saw a decrease of 14.42 per cent, from 1,096 in...
by Stjepan Rasic Where should we send your value?