January 5, 2017 Greater Toronto Area REALTORS® reported 113,133 home sales through TREB's MLS® System – up by 11.8 per cent compared to 2015. The calendar year 2016 result included 5,338 sales in December – an annual increase of 8.6 per cent. The strongest annual rate of sales growth in 2016 was experienced for condominium apartments followed by detached homes. (Full Report)
October 24, 2016 -- Toronto Real Estate Board President Larry Cerqua announced that condominium apartment sales reported through TREB's MLS® System in the third quarter of 2016 were up by 22.1 per cent on a year-over-year basis to 8,014. Over the same period, new listings for condominium apartments were down by 13.3 per cent. (Read full report)
On October 3, 2016, the Government of Canada announced new rules for government-backed mortgage loan... insurance. The new rules include the application of a mortgage rate stress test to all insured mortgages, and changes to low-ratio mortgage loan insurance eligibility requirements.
Are you ready for the CRA? How long do you own the property? How often do owners buy and... sell will determine if the property was meant to be flipped or kept and falls under the principal residence exemption. When you sell your home, you may realize a capital gain. If the property was your principal residence for every year you owned it, you do not have to report the sale on your income tax and benefit return.
Check with the appropriate city tax department for more information on property tax rates. Please no...te: The tax rates posted here are for the most common rate classifications. Tax rates for other property classes can be obtained by contacting the local Municipality’s Treasury Department.
Royal LePage reports sharp rise in American interest in Canadian real estateThe Battlefords News-Optimist"The United States was already a top source for immigration into Canada, and now in the pe...riod following the recent U.S. election, we are witnessing a material bump in American interest in Canadian real estate," said Royal LePage president and CEO Phil ...
More Americans to buy Canadian homes after Trump's inaugurationMoneySenseAccording to data released today by Royal LePage, a national real estate services provider, there's been a surge in the... number of Americans researching Canadian real estate markets. In fact, American web traffic on royallepage.ca, the company's ...
CBC.caRoyal LePage sees surge of interest in Canadian real estate from AmericansCBC.ca"The United States was already a top source for immigration into Canada, and now in the period following the ...recent U.S. election, we are witnessing a material bump in American interest in Canadian real estate," Royal LePage president Phil Soper said.American traffic on Canadian real estate web site spiked 41% ahead of Trump presidencyBNNCanadian property searches from US way up after Donald Trump electedToronto StarU.S. Interest in Canadian Real Estate Surges Following U.S. Presidential ElectionYahoo Financeall 9 news articles »
CBC.caRoyal LePage sees surge of interest in Canadian real estate from ...CBC.caOne of Canada's biggest sellers of real estate says it is witnessing a surge of interest from Americans who are cons...idering moving north as a result the U.S. ...Americans looking for Canadian real estate jumped after Trump victory: Royal LePageGlobalnews.caU.S. interest in Canadian real estate surgesMoneySenseSurge of U.S. interest in Canadian real estate amid Trump's victory: Royal LePageBNNVICE Newsall 19 news articles »
The Cerbat GemStarwood Capital Group gobbles up Milestone REIT, making one less investing opportunity in real estateFinancial PostStarwood Capital Group is paying US$2.85 billion to buy Milestone Real... Estate Investment Trust, a TSX-listed company that focuses solely U.S. residential properties. In the process, Canadian investors are losing one of the TSX's most-significant direct ...Starwood to buy Canada's Milestone Apartments in $2.9-billion dealThe Globe and MailMilestone Apartments Real Estate Invt Tr (MST.UN) Earns "Top Pick" Rating from Royal Bank Of CanadaThe Cerbat GemStarwood Capital Snaps Up Canadian Apartment REIT for $2.9BCommercial Property Executiveall 26 news articles »