It’s been 20 years now. After some tough years in the early 1990s, the Toronto and GTA real estate market has grown continuously since 1996, with the exception of a small correction during the recession of 2008 and 2009. Through it all, as each New Year unfolds, there is always wide speculation about whether the…
In a recent post, we talked about real estate headline fatigue, or the recent regular barrage of “record real estate” headlines. Not that we’re complaining! The great headlines are the sign of a healthy residential real estate market in Markham and across the GTA. However, the recent release of August’s home sales figures by the…
If you’ve bought or sold a home in Markham, or anywhere in Ontario, you’ll be familiar with Ontario’s provincial land transfer tax (LTT). It’s a tax on the price of a real estate transaction payable by the buyer. Charged at different rates for different real estate values, from .5% up to $55,000 to 2% above…
You may not know it, but you might be suffering real estate headline fatigue. Despite the fact that it’s good news for real estate markets, you’ve probably stopped reading articles with headlines like “Record House Prices in Toronto” or “New High for Home Sales”. But there was one recent ‘real estate record’ headline in the…
Just the headlines tell the story of the record-breaking real estate markets across Canada, especially in Vancouver and Toronto: Spring housing market ‘a whole other level of insanity’ Welcome to the jungle of Toronto’s real estate market The housing market that just won’t stop Unless you were in the Toronto housing market of the late…