Will banning bully offers make a difference in Ontario real estate? Image

Will banning bully offers make a difference in Ontario real estate?

The Ontario Real Estate Association recently released its recommendations to improve and modernize the Real Estate and Business Brokers Act, including banning “bully offers.”

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Buyer confidence on the rise in the Greater Toronto Area Image

Buyer confidence on the rise in the Greater Toronto Area

There’s no denying that the Greater Toronto Area’s real estate market, both new and resale sectors, has been slow. 2018 was basically a nose dive compared to the high activity in 2016 and 2017. Now, I think we’re seeing signs of the market rebounding.

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Canadian housing starts remain steady through March 2019 Image

Canadian housing starts remain steady through March 2019

The Canada Mortgage and Housing Corporation released its housing starts data for March 2019, but there’s not much to get too excited about as construction remained steady to wrap up the first quarter of the year. 

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Moving out of the city? Here’s where homes are most affordable along the GO Transit line Image

Moving out of the city? Here’s where homes are most affordable along the GO Transit line

This increased interest in the 905 housing markets is evident in the growing usage of GO Transit, the provincially-owned regional transit network. It boasted a ridership of 56.6 million people in 2018, upping service by 13% to 217 weekly trips.

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Housing slowdown gives first-time buyers a chance in Canada’s biggest cities Image

Housing slowdown gives first-time buyers a chance in Canada’s biggest cities

Royal LePage recently released the results of its House Price Survey for the first quarter of 2019, which focuses on the three most popular housing types: two-storey homes, bungalows, and condos.

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Greater Toronto Area resale housing market remains steady through first quarter of 2019 Image

Greater Toronto Area resale housing market remains steady through first quarter of 2019

The Toronto Real Estate Board released its resale housing market results for March 2019, reporting steady sales and prices, though the market remained tight. TREB also continues to blame the mortgage stress test for slower sales. 

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Montreal real estate on course to set new records this spring Image

Montreal real estate on course to set new records this spring

Which Canadian housing market do you think will be a leader in 2019? If you said Montreal, then you would be right, at least according to Sotheby’s International Realty Canada. 

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Softer housing market provides affordability relief, but not in Toronto Image

Softer housing market provides affordability relief, but not in Toronto

Royal Bank of Canada released its latest Housing Trends and Affordability report, announcing that slower real estate activity in Canada has provided some affordability relief...but not in Toronto.

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New single-family home sales in the Greater Toronto Area increase 147% Image

New single-family home sales in the Greater Toronto Area increase 147%

The Building Industry and Land Development Association released its monthly new home sales figures for February 2019, reporting a significant spike in new single-family home sales in the Greater Toronto Area. 

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Should there be a new top tier of Municipal Land Transfer Tax? Image

Should there be a new top tier of Municipal Land Transfer Tax?

At the end of last week, a proposal came to light regarding the creation of a new top tier of Municipal Land Transfer Tax in Toronto to fund the City’s Housing Allowance Program. 

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