Vitriol surrounding Bill 108 is another reminder that Toronto’s housing crisis is unsolvable Image

Vitriol surrounding Bill 108 is another reminder that Toronto’s housing crisis is unsolvable

Bill 108, the More Homes, More Choice Act, has proposed numerous changes to land use planning in Ontario. A lot of people are not happy about the amendments and the potential impacts.

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Toronto home prices faring better than some, 2 years after FHP Image

Toronto home prices faring better than some, 2 years after FHP

The Fair Housing Plan was introduced by the former Liberal provincial government as a solution to runaway home price growth; year-over-year values had spiked over 30% in the Greater Toronto Area, prompting concerns.

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Canada creating a Real Estate Task Force to ensure tax-compliance Image

Canada creating a Real Estate Task Force to ensure tax-compliance

According to the government of Canada and the Canada Revenue Agency, tax non-compliance and money laundering can be a significant factor causing the rising cost of housing in the country’s hottest markets. 

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Toronto real estate is resilient in a turbulent time Image

Toronto real estate is resilient in a turbulent time

With Toronto Council at odds with the province about the Housing Supply Action Plan, and talk of some serious money laundering through Toronto real estate, I wouldn’t blame you for being concerned.

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How should Canada tackle money laundering in the housing market? Image

How should Canada tackle money laundering in the housing market?

Canada is an attractive place to buy a home because it’s an amazing place to live, but there are other, more sinister reasons to buy real estate in Canada, and British Columbia is cracking down. 

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Toronto council not on board with the Housing Supply Action Plan Image

Toronto council not on board with the Housing Supply Action Plan

When the Housing Supply Action Plan was announced, members of the new home industry praised the Bill, but it looks like Toronto City Council has many concerns. 

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It looks like the foreign buyers tax is working Image

It looks like the foreign buyers tax is working

It recently came to my attention that the province of Ontario had not published any new data on foreign buyers in the residential market since Doug Ford was elected. It wasn’t sitting well with people, and the government responded quickly. 

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Some new home owners aren’t getting the park they paid for Image

Some new home owners aren’t getting the park they paid for

Altus Group and the Building Industry and Land Development Association released new findings that say that parkland payments to municipalities can add $20,000 to $30,000 to the cost of a new home.

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Find out why Toronto needs non-resident buyers Image

Find out why Toronto needs non-resident buyers

To get a better grasp on the housing market, we reached out to some industry professionals to get their opinions on a few hot topics. Our first Q&A was with Ben Myers, President of Bullpen Research & Consulting Inc.

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Taking another look at increasing property taxes in Toronto Image

Taking another look at increasing property taxes in Toronto

Earlier this year, the Centre for Urban Research and Land Development released a report saying that the City of Toronto could afford to hike residential property taxes by approximately 20% when compared to the median GTHA municipality.

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