An increase to Toronto’s land transfer tax not expected to materially impact housing affordability, according to one real estate veteran
Among other factors, the recent changes to federal mortgage rules will significantly contribute to dampening the Canadian mortgage sector’s activity starting this year
If January stats are to be believed, 2015 will be another year of rising property values, increasing sales and depleted listings.
Canada’s most expensive market is not ready to cool just yet, as January data paints a picture of steadily rising sales and ever-increasing average prices.
Calgary luxury market faces trouble... Rhodes family brokers continue grandfather's legacy in real estate... Sales spike as buyers weather the cold... Barrie market hot as sales rise...
The International Monetary Fund (IMF) has hopped on the bandwagon, declaring Canada’s housing market overvalued, though it still predicts a “soft landing”.
Agents are preparing for the incoming changes to one province’s Condominium Act, which some industry players believe could spell the end of DIY condo sales.
One major market recorded its third best year for condo sales on record in 2014, and saw a marked increase year-over-year.