As a property owner, you should be aware of the Vacant Home Tax that was passed by the Toronto City Council in July of 2021 and which took effect on January 1 of 2022. But were you aware that there is a declaration notice that must be filled out by February 2 of 2023...
How do the price adjustment savings stack up? In a comparison of the February 2022 average home price, which was the peak of the 2022 market, to the September 2022 average home price, we see that there is a savings of the amount of down payment required and the total...
When referring to the media’s tendency to print bad news, almost everyone is familiar with the saying, “If it bleeds it leads.” No one is going to click on an article that leads with, “All is well, go about your day.” The best chance for any form of media, whether...
The current state of the market can be described as “soft’, with the possibility of further downward movement . Condos are still fairing well (read my “September 2022 GTA Market Update”). However, in these soft market times, along with the volatility that accompanies...
Last week I had sent out my latest blog on the market stats comparing September 2022 to September 2021. A friend noticed that, while all other categories of homes experienced a decrease in the average price year over year, the average condo price was still up. Which...
