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Market Insight for March 8

Market Insight for March 8 The Canada Mortgage and Housing Corporation (CMHC) has officially terminated the First-Time Home Buyer Incentive program. The cutoff for new or revised applications is set for March 21st, 2024. The program aimed to help first-time home...

Market Insight for March 1

Market Insight for March 1 Tarion, the home consumer protection agency in Ontario could face $90M in claims as developers walk away from projects and home buyers lose deposits. Ontario’s real estate watchdog, Tarion, confronts an unprecedented challenge as it...

Market Insight for February 16

Market Insight for February 16 So it’s official! City Council voted in favour of the 9.5% increase to the residential property tax rate when they met on Wednesday to finalize the 2024 budget. The tax hike, bigger than any since the city’s amalgamation in 1998, was...

Market Insight for February 2

Market Insight for February 2 Toronto listings are starting to see multiple offers starting up again. What has happened in the last week that has caused this frenzy? The psyche in the market has already started to shift. Could it be this unusually warm weather we are...

Market Insight for January 26

Market Insight for January 26 Foreign buyers who want to purchase a home in Toronto could soon face an even steeper price tag if city council approves a new municipal tax that aims to curb real estate speculation. The Municipal Non-Resident Speculation Tax (MNRST), is...