The entire country has seen home prices fall dramatically over the past year since the Bank of Canada started its aggressive hike of interest rates. Ontario has experienced some of the largest price drops, though there is great variability across…
At the start of 2023, several new government policies impacting buyers and sellers came into effect. Here is a breakdown of three of the most noteworthy. Foreign Buyer Ban Non-Canadians are prohibited from purchasing residential properties, including detached and semi-detached…
Almost one-third of Canadians have given up on their dream of homeownership, according to a new survey by Finder. Of these, more than half — five million of nine million Canadians — expressed they are no longer interested in homeownership.…
With real estate prices continuing to climb, housing is a hot topic in the Toronto-area. It’s also a key ballot box issue, trumping the COVID-19 pandemic as voters’ greatest concern, according to a recent Nanos Research poll. Given this, it’s…
The federal government has introduced tighter mortgage qualification rules in an effort to cool Canada’s hot housing market. The new minimum qualifying rate of 5.25%, known as the ‘stress test,’ came into effect June 1. (Prior to this, the benchmark rate…
The federal government has launched a new program that offers Canadians grants of up to $5,600 to make their homes more energy-efficient. The program, called the Canada Greener Home Grants, will pay homeowners up to $5,000 to put toward the…
The federal government delivered its long-awaited budget last month — the first in more than two years — which included several measures related to the real estate market, homebuyers and sellers. Here are three key items that have been promised.…
The Toronto Regional Real Estate Board has reported another month of sharp selling prices, defying COVID-19’s second wave. The average selling price for all home types combined in the Greater Toronto Area (GTA) rose 13.3% to $955,615 in November 2020,…
A clear split in Toronto’s real estate market emerged in October — one with buyers bidding up prices for homes in more suburban neighbourhoods at a record-setting pace, and another where buyers have their choice of condos as dwellers want…
The deadline to file a claim to receive money from the Kitec class action settlement has passed, but owners of property that contain the defective plumbing products are encouraged to still seek compensation. January 9 marked the last day to…
Clare Tattersall
Sales Representative
Direct: 647.625.3282
Office: 416.762.8255
Email: clare@realtorontowest.com
Royal LePage Real Estate Services Ltd., Brokerage
2320 Bloor St. W., Toronto, ON M6S 1P2
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