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…
First, while it might sound like we’re repeating ourselves, residential real estate prices and sales in Markham, Toronto and York Region once again set a new record in April, 2016. For the record, here are some of the numbers for April: 12,085 – the number of existing (not newly built) homes of all types sold…
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…
Following the record setting pace that residential real estate enjoyed in Markham throughout 2015, homeowners and home buyers alike couldn’t be blamed for wondering if the trend would continue into 2016. Add to that questions about if and how new federal mortgage guidelines, which came into effect in mid-February, would affect the market and everyone’s…