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A Housing Market Analogy

A Housing Market Analogy

A Housing Market Analogy. In its first release since Ontario’s new housing plan, TREB releases Toronto market stats and provides update on influence of foreign buyers and short-term speculators. A total of 11,630 homes were sold in the GTA in April, down 3.2% year-over-year. New listings, meanwhile, were up 33.6%, according to the Toronto Real […]

First-time home buyers to get $4,000 land transfer rebate

First-time home buyers to get $4,000 land transfer rebate

Finance Minister Charles Sousa is giving first-time home buyers a land transfer tax rebate of up to $4,000. Sousa used Monday’s fall economic statement to announce the tax break for eligible purchasers is being doubled from $2,000. The treasurer said the measure – funded by hiking rates on houses selling for more than $2 million […]