It has been very challenging for renters in Toronto to find places to live over the first six months of this year. Some are saying that the vacancy rate is at an all-time low. Experts suggest that the current rate … Read More
Toronto mayor John Tory is looking to combat the housing shortage in Toronto. His three-point plan is being implemented to try and create 40,000 new social housing units over the next twelve years. The plan unveiled is as follows: First, … Read More
The Toronto real estate market has been plagued with a lack of supply for some time now. This had led to a sellers’ market where there is often more than one bid on a property that is listed for sale. … Read More
The Toronto Real Estate Board (TREB) has just released the overall sales numbers for January 2019. There were 4,009 sales in January 2019, up 0.6% compared to January 2018.On a seasonally adjusted basis, sales were up 3.4% compared to December 2018. There was a total … Read More
In an effort to deal with the alarming rental shortage, effective immediately Ontario Premier Doug Ford and the PC government has taken away rent controls on all new rental stock. … Read More
Where will consumers go to check how much things have sold for? The Toronto Real Estate Board has begun to make MLS sold data available to its members as per the Competition Tribunal ruling. It has been decided that … Read More
New Rules have not yet come into effect for short-term rentals in Toronto due to an impending appeal. … Read More
Is the Frenetic Toronto Housing Market finally starting to slow down? Multiple sources over the past few weeks have reported that bidding wars have slowed and traffic at open houses appears to be down across the GTA and Hamilton after … Read More
The following article has been generously provided to me to share by Simon Thang of Thang Tax Law.… Read More