40% of Canadians don’t pay income taxes, Prime Minister Justin Trudeau is right The top 20 per cent is likely paying 70 per cent or more of all income taxes Trudeau was speaking the complete truth when it comes to income taxes (HST, realty taxes and other consumption taxes are another story). […]
Toronto Real Estate Posts
Toronto area home sales down to 10-year low in 2018 and number of listings dip
Toronto area home sales down to 10-year low in 2018 and number of listings dip. Home sales in Toronto and the surrounding GTA area fell to a 10-year low in 2018, as the number of new listings coming to the market declined and home buyers and sellers faced with a new reality of higher interest rates […]
Central Toronto Real Estate TREB Released December, 2018 Resale Market Figures
Central Toronto Real Estate TREB Released December, 2018 Resale Market Figures Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported a total of 77,426 residential transactions through TREB’s MLS® System in 2018. This result represented a 16.1 per cent decline compared to 92,263 sales reported in 2017. Total new listings […]
Home sales in Toronto drop in November, 2018 following spike in sale prices
Home sales in Toronto drop in November, 2018 following spike in sale prices Toronto remains a seller’s market after home sales across the Greater Toronto Area (GTA) dropped nearly 15% this November, 2018, compared to a year ago. According to the Toronto Real Estate Board (TREB), there were 6,251 residential transactions recorded through its system last month, a […]
Toronto downtown is gaining from ‘Hyper-concentration’ of knowledge jobs in a permanent shift
A fundamental economic shift is Toronto downtown is gaining from ‘Hyper-concentration’ of knowledge jobs in a permanent shift as traditional manufacturing employment evaporates across much of southern Ontario, a new report warns, and the trend has major ramifications for public transit and land-use planning. The study, released days after General Motors announced the shutdown […]