February 3, 2017 January 2017 picked up where 2016 left off: sales were up on a year-over-year basis while the number of new listings was down by double-digit annual rates for most major home types. (Full Report)
January 26, 2017 -- "Gone are the days when we were concerned about a potential glut in inventory in the condominium apartment market. The supply concerns that have been top-ofmind for ground-oriented home types are also now a reality for the condo market segment. Regardless of the price measure considered, heightened competition between condo buyers has resulted in double-digit price inflation," said Mr. Cerqua. (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.
Benefits CanadaIvanhoé Cambridge invests $330M in Indian real estateBenefits CanadaIvanhoé Cambridge, the real estate subsidiary of Caisse de dépôt et placement du Québec, is partnering with a di...versified company based in India to invest in urban residential developers across the country. Ivanhoé Cambridge is allocating an initial ...CDPQ arm Ivanhoé Cambridge partners Piramal, commits $250 millionLivemintall 20 news articles »
Better DwellingFirst-Time Canadian Real Estate Buyers Are Making Record Down PaymentsBetter DwellingCanadian real estate prices have been skyrocketing, leaving a number of questions about affordabilit...y. The common assumption is that first-time buyers are deteriorating, but a survey from Mortgage Pros Canada might indicate otherwise. The national ...
Millennials are 'generation screwed' on real estateToronto StarAccording to the Toronto Real Estate Board, the average price of a GTA home is expected to rise by double digits again this year,... hitting a new average of $825,000. Prices keep rising ... The Canadian dream of home ownership is at risk in the GTA. But ...and more »
Millennials are 'generation screwed' on real estate | Toronto StarToronto StarRealtors and home builders outline five things the Ontario government can do to relieve the underlying housing sup...ply crunch that is driving up prices across the ...and more »
Canada: Real Estate Investment In Canada: Setting Roots For A Fruitful StayMondaq News Alerts (registration)GST is one of Canada's commodity or consumption taxes, and is generally levied at 5% of ...a good or service's cost. Not every purchase has GST levied on it, including certain real estate transactions, so rules can often be misunderstood. GST applies to ...