TREB says a foreign-buyer tax would be ‘misguided’
The Toronto Real Estate Board (TREB) released its Market Year in Review & Outlook Report 2017, focusing on consumer intentions, affordability, supply, and foreign buyer activity. On behalf of TREB, Ipsos conducted a homebuyer survey in 2016 so the
'A foreign buyers tax is like putting a Band-Aid on a stab wound': Ben Myers
Given the current state of the housing market and the myriad of potential solutions that have surfaced in government and in the media, we reached out to some industry professionals to get their opinion on various strategies. The first person we caught up
A condo unit in the 905 is the most affordable option for buyers
Last week, the Toronto Real Estate Board (TREB) released its monthly resale housing figures for May 2016, announcing another record month of sales and shortage of listings. There were 12,870 home sales reported through the MLS last month, which is 10.6%
Curb Appeal 101: What buyers want to see
There’s always a house or two on every street that stands out because it just has that “it” factor. Whatever “it” is, it’s considered “curb appeal,” and everyone wants it.Is it the beautifully trimmed front lawn? What about that spectacular architecture?
Urban townhomes still in strong demand among move-up buyers
The latest report from Trimart Research Corporation states that new low-rise sales in the Total Market Area (TMA) surged this fall season. As of the end of September, 71% of the annual Trimart forecast had been achieved. So far, the north and west
Is British Columbia’s new foreign-buyer tax bad news for Toronto?
Friends of mine in Vancouver are on the brink of a move. They’re thinking of selling their East Vancouver property and moving to Coquitlam, where the $1.38 million home they’re looking at sold for $319,000 just 13 years ago. The home they’re in now, just
It looks like it’s going to be a good spring for builders and buyers
With interest rates remaining low, Trimart Research Corporation believes that spring 2017 will show strong sales numbers for the new low-rise market across the Total Market Area (TMA).The most recent information from Statistics Canada says that overall
Foreign buyer activity drops in the GTA
According to a recent report from Royal Bank of Canada (RBC), foreign buyers now make a stronger impact in Ottawa compared to the Greater Toronto Area (GTA), though Vancouver and Victoria remain the top spots for non-resident speculators.
Condo buyers are heading to the outskirts of the Greater Toronto Area
Urbanation released its condo market results for the second quarter of 2019, reporting that there were 8,902 condo sales in the GTA, which is an increase of 77% year-over-year.
Special Incentives for Buyers at Summerside in Port Elgin!
Imagine - your new dream home (or dream cottage) being close enough to Lake Huron to hear the gentle waves lap against the shore. This can be a reality at Reid’s Heritage Homes’ Summerside community in Port Elgin!Summerside features bungalows, two-storey