3/27/2020 | Posted in Home Owners by Catherine Methven
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It's very likely that COVID-19 will shatter Ontario's municipalities' budgets, and without provincial or federal help they will have no option but to increase the ... More
2/25/2020 | Posted in Ontario News by Catherine Methven
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The provincial transit agency and the GTAA (Greater Toronto Airports Authority) have reached an important step in a project that will make getting to and from area airports ... More
2/20/2019 | Posted in Ontario News by Catherine Methven
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A recent report reveals desperate measures of indebted consumers in Ontario. ... More
9/21/2018 | Posted in Ontario Real Estate by Catherine Methven
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The Ontario Government is planning to repeal legislation that would require home sellers to obtain a home energy audit before the sale. ... More
8/10/2018 | Posted in Ontario Real Estate by Catherine Methven
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Unaffordability isn’t expected to abate in the Greater Toronto Area any time soon, but as more and more people are discovering, there are cheaper places to live slightly ... More
6/14/2018 | Posted in Ontario Real Estate by Catherine Methven
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Current price correction in Ontario housing market does not resemble historical price bust periods according to the latest report from Canada Mortgage and Housing Corporation. ... More
6/8/2018 | Posted in Ontario News by Catherine Methven
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The Progressive Conservative Party has won the Ontario provincial election and there may be some good news ahead for household budgets. ... More
4/26/2018 | Posted in Ontario Real Estate by Catherine Methven
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The impact of the Ontario’s Fair Housing on foreign buyers of the province’s real estate has been revealed by the finance ministry. Finance minister Charles Sousa ... More
11/8/2017 | Posted in Ontario Real Estate by Catherine Methven
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Ontario's new condo tribunal is accessible but will only mediate and adjudicate one kind of dispute to begin. ... More
11/8/2017 | Posted in Ontario Real Estate by Catherine Methven
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Canada Mortgage and Housing Corp. said 2,438 new housing units were launched in the Greater Toronto Area in October, a 42-per-cent drop from 4,204 units in the same month last ... More
10/31/2017 | Posted in Real Estate News by Catherine Methven
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Ontario and B.C.'s finance ministers say they are open to the idea of a registry of pre- construction condominium sales as the Canada Revenue Agency ramps up efforts to find ... More
9/26/2017 | Posted in Ontario Real Estate by Catherine Methven
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The tight Ontario rental market will worsen without increasing the units available by around 6,250 a year for a decade. ... More
9/13/2017 | Posted in Toronto News by Catherine Methven
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The Ontario government has addressed the province’s housing supply issue by vowing to unlock provincial land for the use of housing. ... More
9/6/2017 | Posted in Financial Health by Catherine Methven
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Debt levels in Ontario are outpacing the other provinces while those in Western Canada are declining – and it’s not just home loans. ... More
9/1/2017 | Posted in Ontario Real Estate by Catherine Methven
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Ontario tenants will have additional protection from eviction starting Friday, September 1, 2017; when a landlord ends a tenancy to have family members move in, people evicted ... More
8/1/2017 | Posted in Ontario Real Estate by Catherine Methven
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Names of Ontario condominium directors will be listed in a public database under new regulations unveiled this month, as the province begins to implement a new law to protect unit ... More
7/5/2017 | Posted in Foreign Buyers by Catherine Methven
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Newly released figures show nearly five per cent of home purchases in Ontario's Greater Golden Horseshoe region were made by non-residents since the Liberal government ... More
6/28/2017 | Posted in Ontario News by Catherine Methven
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The Ontario government is considering a review of preferential sales practices for pre-construction condos as part of its wide-ranging reforms of the housing market. ... More
6/27/2017 | Posted in Ontario Real Estate by Catherine Methven
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More first-home buyers in Ontario appear to be delaying their purchases in the wake of the province’s new policies intended to cool the red-hot housing market. At the same ... More
6/20/2017 | Posted in Recreational Properties by Catherine Methven
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The slowdown in Toronto’s housing market is not reaching cottage country several hours away, where vacation properties are changing hands quickly and prices are still ... More
5/29/2017 | Posted in Ontario News by Catherine Methven
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Canada's big banks are forecasting that Ontario will lead the country in economic growth this year or be within a hair of the top of the pack. Unemployment sits ... More
5/21/2017 | Posted in Real Estate Market by Catherine Methven
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The May long weekend is the traditional kick-off to cottage season. But long before the snow melted this spring, equity-rich baby boomers from the city had been turning up the ... More
4/28/2017 | Posted in Mortgage News by Catherine Methven
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The Ontario government will shift regulation of syndicated mortgage investment products to the Ontario Securities Commission in a move to toughen oversight of a rapidly growing ... More
4/24/2017 | Posted in Ontario Real Estate by Catherine Methven
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Regulatory changes that require home buyers in Ontario to provide complete information on their citizenship and place of residence take effect today. ... More
4/20/2017 | Posted in Ontario Real Estate by Catherine Methven
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Ontario plans to help cool a hot housing market by bringing in a 15-per-cent foreign buyer tax, expanding rent control, allowing Toronto to impose a tax on vacant homes and using ... More
4/19/2017 | Posted in Toronto Real Estate by Catherine Methven
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Three levels of government facing a red-hot housing market in the Greater Toronto Area agreed Tuesday not to introduce any measures that would further boost demand and drive ... More
4/18/2017 | Posted in Ontario Real Estate by Catherine Methven
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Seeking to tame a roaring housing market in greater Toronto, the Ontario government is considering a speculation tax on home purchases by non-residents according to the The Globe ... More
4/12/2017 | Posted in Toronto Real Estate by Catherine Methven
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Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether? ... More
3/28/2017 | Posted in Ontario Real Estate by Catherine Methven
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Attention hard-pressed homebuyers: Finance Minister Charles Sousa is promising help in his spring budget to make houses and condos more affordable. ... More
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