It turns out that even the well-off need help in a housing market as crazy as the one in the San Francisco Bay area, and lenders are elbowing each other in a rush to provide it. They’re courting Silicon Valley workers with tailored loans, guaranteed 24-hour approval and financial-planning services. Social Finance Inc. has […]
toronto real estate
Ontario may consider Vancouver-style tax on Greater Toronto Area homes
In toronto real estate, with concerns rising that a new housing tax in Vancouver could further drive up prices in the Greater Toronto Area’s already hot real estate market, Ontario’s finance minister isn’t ruling out a similar tax here. “Our government understands the importance of concerns related to housing affordability and ensuring a stable […]
Toronto housing market is spooked by Vancouver real estate tax
In toronto real estate, Toronto’s red-hot real estate market could get even hotter as foreign nationals looking to dodge a new 15 per cent tax on properties in Vancouver seek new places to invest, realtors say. The Vancouver real estate tax, which takes effect Tuesday, was introduced by the British Columbia government with the […]
Renters are causing demand in new Toronto highrise construction
In Toronto real estate, a study by real estate consultant Urbanation and obtained by CBC News shows much of Toronto’s high rise construction in 2016 is being fuelled by demand from renters who are either unable or unwilling to pay record prices for real estate. It’s a significant change from the previous decade’s boom, which was spurred primarily by […]
Real estate transparency law, how it works
In real estate law, confidentiality rules mean bidders can’t see contents of other bids, but Ontario legislation has transparency rules, too. In toronto real estate, when you’re involved in a bidding war for a home and you lose, it can be frustrating and discouraging — even heartbreaking. Especially when you find out that […]
