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The McGuinty government is giving all first-time homebuyers a break on land transfer tax by proposing to expand the Land Transfer Tax Refund Program to include purchases of resale homes, Finance Minister Dwight Duncan announced today.“Expanding this Land Transfer Tax refund is an important part of our government’s commitment to helping ...
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Sales of new homes in the Toronto area remain healthy, but that isn’t being reflected in current housing starts, according to Canada Mortgage and Housing Corp.Starts edged down in August to a seasonally adjusted and annualized 32,000 from 35,100 in July, the federal housing agency reported yesterday.
One problem has been that developers are ...
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Luxury home sales across the country have been "unprecedented" over the first seven months of this year..
The strong market for luxury property echoes what is going on in the overall resale market which is on pace for a record year, according to the Canadian Real Estate Association.
Unabated demand throughout the year has created tight ...
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Average detached home prices in north central Toronto, particularly along the Yonge Street corridor, nudged above the million-dollar mark in the first half of 2007, according to Toronto Real Estate Board. The area - which encompasses such tony neighbourhoods as Forest Hill, Chaplin Estates, Deer Park and Cedarvale - saw average home prices ...
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