Market Updates

Ontario’s Fair Housing Plan

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...

Condo Report

TREB President Larry Cerqua announced another very strong quarter for condo apartment sales.  Click to read...

Here are the OMDREB stats for October!

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...

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