8/10/2018 | Posted in Ontario Real Estate by Marti Philp
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Unaffordability isn’t expected to abate in the Greater Toronto Area any time soon, but as more and more people are discovering, there are cheaper places to live slightly ... More

Real Estate & Mortgage News

  6/14/2018 | Posted in Ontario Real Estate by Marti Philp
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Current price correction in Ontario housing market does not resemble historical price bust periods according to the latest report from Canada Mortgage and Housing Corporation. ... More

Real Estate & Mortgage News

  6/8/2018 | Posted in Ontario News by Marti Philp
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The Progressive Conservative Party has won the Ontario provincial election and there may be some good news ahead for household budgets. ... More

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Real Estate & Mortgage News

  4/26/2018 | Posted in Ontario Real Estate by Marti Philp
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The impact of the Ontario’s Fair Housing on foreign buyers of the province’s real estate has been revealed by the finance ministry. Finance minister Charles Sousa ... More

Real Estate & Mortgage News

  11/8/2017 | Posted in Ontario Real Estate by Marti Philp
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Ontario's new condo tribunal is accessible but will only mediate and adjudicate one kind of dispute to begin. ... More

Real Estate & Mortgage News

  11/8/2017 | Posted in Ontario Real Estate by Marti Philp
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Canada Mortgage and Housing Corp. said 2,438 new housing units were launched in the Greater Toronto Area in October, a 42-per-cent drop from 4,204 units in the same month last ... More

Real Estate & Mortgage News

  10/31/2017 | Posted in Real Estate News by Marti Philp
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Ontario and B.C.'s finance ministers say they are open to the idea of a registry of pre- construction condominium sales as the Canada Revenue Agency ramps up efforts to find ... More

Real Estate & Mortgage News

  9/26/2017 | Posted in Ontario Real Estate by Marti Philp
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The tight Ontario rental market will worsen without increasing the units available by around 6,250 a year for a decade. ... More

Real Estate & Mortgage News

  9/13/2017 | Posted in Toronto News by Marti Philp
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The Ontario government has addressed the province’s housing supply issue by vowing to unlock provincial land for the use of housing. ... More

Real Estate & Mortgage News

  9/6/2017 | Posted in Financial Health by Marti Philp
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Debt levels in Ontario are outpacing the other provinces while those in Western Canada are declining – and it’s not just home loans. ... More

Real Estate & Mortgage News

  9/1/2017 | Posted in Ontario Real Estate by Marti Philp
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Ontario tenants will have additional protection from eviction starting Friday, September 1, 2017; when a landlord ends a tenancy to have family members move in, people evicted ... More

Real Estate & Mortgage News

  8/1/2017 | Posted in Ontario Real Estate by Marti Philp
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Names of Ontario condominium directors will be listed in a public database under new regulations unveiled this month, as the province begins to implement a new law to protect unit ... More

Real Estate & Mortgage News

  7/5/2017 | Posted in Foreign Buyers by Marti Philp
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Newly released figures show nearly five per cent of home purchases in Ontario's Greater Golden Horseshoe region were made by non-residents since the Liberal government ... More

Real Estate & Mortgage News

  6/28/2017 | Posted in Ontario News by Marti Philp
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The Ontario government is considering a review of preferential sales practices for pre-construction condos as part of its wide-ranging reforms of the housing market. ... More

Real Estate & Mortgage News

  6/27/2017 | Posted in Ontario Real Estate by Marti Philp
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More first-home buyers in Ontario appear to be delaying their purchases in the wake of the province’s new policies intended to cool the red-hot housing market. At the same ... More

Real Estate & Mortgage News

  6/20/2017 | Posted in Recreational Properties by Marti Philp
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The slowdown in Toronto’s housing market is not reaching cottage country several hours away, where vacation properties are changing hands quickly and prices are still ... More

Real Estate & Mortgage News

  5/29/2017 | Posted in Ontario News by Marti Philp
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Canada's big banks are forecasting that Ontario will lead the country in economic growth this year or be within a hair of the top of the pack. Unemployment sits ... More

Real Estate & Mortgage News

  5/21/2017 | Posted in Real Estate Market by Marti Philp
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The May long weekend is the traditional kick-off to cottage season. But long before the snow melted this spring, equity-rich baby boomers from the city had been turning up the ... More

Real Estate & Mortgage News

  4/28/2017 | Posted in Mortgage News by Marti Philp
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The Ontario government will shift regulation of syndicated mortgage investment products to the Ontario Securities Commission in a move to toughen oversight of a rapidly growing ... More

Real Estate & Mortgage News

  4/24/2017 | Posted in Ontario Real Estate by Marti Philp
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Regulatory changes that require home buyers in Ontario to provide complete information on their citizenship and place of residence take effect today. ... More

Real Estate & Mortgage News

  4/20/2017 | Posted in Ontario Real Estate by Marti Philp
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Ontario plans to help cool a hot housing market by bringing in a 15-per-cent foreign buyer tax, expanding rent control, allowing Toronto to impose a tax on vacant homes and using ... More

Real Estate & Mortgage News

  4/19/2017 | Posted in Toronto Real Estate by Marti Philp
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Three levels of government facing a red-hot housing market in the Greater Toronto Area agreed Tuesday not to introduce any measures that would further boost demand and drive ... More

Real Estate & Mortgage News

  4/18/2017 | Posted in Ontario Real Estate by Marti Philp
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Seeking to tame a roaring housing market in greater Toronto, the Ontario government is considering a speculation tax on home purchases by non-residents according to the The Globe ... More

Real Estate & Mortgage News

  4/12/2017 | Posted in Toronto Real Estate by Marti Philp
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Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether? ... More

Real Estate & Mortgage News

  3/28/2017 | Posted in Ontario Real Estate by Marti Philp
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Attention hard-pressed homebuyers: Finance Minister Charles Sousa is promising help in his spring budget to make houses and condos more affordable. ... More

Real Estate & Mortgage News

  3/10/2017 | Posted in Ontario Real Estate by Marti Philp
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A foreign buyers’ tax is back on the table in Ontario, with the finance minister saying it’s one possible option he’s looking at to cool the housing market. ... More

Real Estate & Mortgage News

  3/8/2017 | Posted in Real Estate News by Marti Philp
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The pace of home construction in Canada picked up last month and a lot of the push came from Ontario, the federal housing agency said Wednesday, offering the latest evidence that ... More

Real Estate & Mortgage News

  2/16/2017 | Posted in Ontario Real Estate by Marti Philp
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A plain language summary of the first round of proposed changes to rules under the Condominium Act was posted yesterday on Ontario’s Regulatory Registry. The ... More

Real Estate & Mortgage News

  2/9/2017 | Posted in GTA Real Estate by Marti Philp
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A study commissioned by the Toronto Real Estate Board considered the impact of GO’s Regional Express Rail expansion on Toronto region housing prices and affordability. ... More

Real Estate & Mortgage News

  1/17/2017 | Posted in Ontario Real Estate by Marti Philp
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As Vancouver smarted from its greatest 3-month decline in home prices since 2012, latest housing data suggested that Ontario is now the main contributor of strength and activity ... More

Real Estate & Mortgage News