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toronto real estate location:canada

Short-term Toronto house rentals jump 350% over last year, Trip Advisor says - ‎15 hours ago‎
"It's considered one of the best cities now in the world and people are coming from everywhere, and I think this is a product of that," said Toronto real estate agent Amanda Rix, estimating that a detached four-bedroom home in the Beach could easily ...

Downtown Toronto office vacancy rate lowest in North America, real estate firm says - ‎Jul 21, 2016‎
Just a few short years ago, real estate experts were warning that Toronto was building far too much office space downtown, but observers are changing their tune now that the latest rental figures show the city has the lowest office vacancy rate of any ...
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BC introduces a 15 per cent additional real estate tax on foreign buyers

Toronto Star - ‎6 hours ago‎
British Columbia Finance Minister Michael de Jong says the additional tax of 15 per cent will take effect Aug. 2 and will apply to foreign buyers registering the purchase of residential homes in Metro Vancouver.

In hot real estate markets, realtors are going to make you an offer — whether you want it or not

Financial Post - ‎Jul 22, 2016‎
With listings in short supply and real estate agents dealing with clients trying to break into the market, the number of unsolicited offers is probably going to just keep growing in hot markets like Toronto and Vancouver. Think of the unsolicited offer ...

Dangerous real-estate document a path to court

Toronto Star - ‎Jul 16, 2016‎
The Seller Property Information Statement (SPIS) continues to be the single most dangerous document in current use in the real estate market. Since 1997, when the form first came into use, there have been 94 reported Ontario court cases centred on the ...
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Ontarians see real estate market getting stronger

Toronto Star - ‎Jul 13, 2016‎
More than half - about 57 per cent - of the residents surveyed viewed the residential real estate market as favourable in the province, in their own town or city and in their neighbourhood.

Growing upwards: Why Toronto wants to make high-rises family-friendly - ‎Jul 23, 2016‎
Considering the average price of a semi-detached home in "the 416" hit $912,724 this June - a jump of more than $150,000 in a year, according to the Toronto Real Estate Board - it makes sense that middle-class families are looking for alternatives ...

The real estate math mistake we all make

MoneySense - ‎Jul 20, 2016‎
Given how hot big city markets like Toronto are these days, the math would certainly make a compelling case to sell. Yet according to the April sales data from the Toronto Real Estate Board, listings are down 27% year-over-year in the GTA. Despite ...
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Forget about deals in Toronto's new home market, records are being set everywhere

Financial Post - ‎Jul 22, 2016‎
There were just barely more than 1,000 new detached homes across the Greater Toronto Area available for sale at the end of June, as prices reached record levels in every category of housing.

Failed agreements of purchase and sale: What happens next?

Toronto Sun - ‎Jul 19, 2016‎
Stephen Moranis, B.Comm., MBA, FRI, CMR has been active in the North American Real Estate Industry for more than 40 years. He is a former President of the Toronto Real Estate Board and a former Director of the Canadian Real Estate Association.
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Booming BC housing market helps province post $730 million surplus

Toronto Star - ‎Jul 21, 2016‎
B.C. Finance Minister Mike de Jong said real estate revenue was "clearly a significant part of the budget." The largest percentage increase was in property transfer taxes, which the government charges on residential and commercial real estate deals ...

When the housing market is the great equalizer after a buying blitz

The Globe and Mail - ‎Jul 21, 2016‎
In the Greater Toronto Area, OREA reports, 70 per cent of those surveyed described the state of the city's economy as “good” compared with 66 per cent in 2015.
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Canadian Real Estate Could Still Get Way More Expensive, Data Shows

Huffington Post Canada - ‎Jul 16, 2016‎
The Canadian Real Estate Association (CREA) reported Friday that home sales in Canada peaked in April and have fallen for the past two consecutive months.

Toronto Real Estate Board fights order to release housing data, citing privacy concerns - ‎Jul 12, 2016‎
TORONTO -- The Toronto Real Estate Board is appealing a landmark ruling by the Competition Tribunal that would allow its realtor members to post sales data online, arguing that the decision violates the privacy of homebuyers and sellers.
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Canadian real estate prices to see largest annual increase this century, forecast says

Financial Post - ‎Jul 13, 2016‎
The real estate company predicts greater Vancouver will lead the way with prices rising 27 per cent this year to an average of $1.206 million, while greater Toronto prices will rise 14.9 per cent to and average of $718,000 during the period. LePage ...

TREB: GTA real estate market capped off with strong June

Toronto Sun - ‎Jul 15, 2016‎
I'm excited to be entering my term as President of the Toronto Real Estate Board at a very interesting time in the home ownership market.

Understanding real estate transparency law

Toronto Star - ‎Jul 16, 2016‎
However, in Ontario's real estate market, there are legal rules that brokerages and salespersons must follow when a seller receives multiple offers.
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CRA leak about crackdown on BC real estate tax cheats heats debate - ‎Jul 15, 2016‎
"The real estate project was not undertaken to address questions of housing affordability. The CRA does not have any role to play concerning the affordability of real estate ...Transactions in the Greater Toronto Area have been the subject of greater ...

Web-based money transfer to streamline real-estate closings - but is it needed?

Move Smartly - ‎Jul 13, 2016‎
If, as I expect, his attitude represents most real estate lawyers, EasyFund will have a difficult time getting off the ground. Bob Aaron is Toronto real estate lawyer. His Title Page column appears on this blog, Move Smartly, and in The Toronto Star ...
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How can I take advantage of soaring Toronto-Area real estate prices now as an owner of a property? - ‎Jul 18, 2016‎
Firstly, from a REALTOR® experience, let's get an overview of the present GTA Real Estate Market. From January 2016 onwards, prices of properties suddenly started to rise.