by The Baldwin England Team | Oct 28, 2022 | Market Updates
Market Insight for October 28th Ontario Hikes Foreign Buyer Tax to 25%, Highest in Canada effective immediately The government of Ontario announced that effective immediately its foreign buyer tax would be hiked to 25% — the highest such tax in Canada. The...
by The Baldwin England Team | Oct 21, 2022 | Infographics, Market Updates
Market Update for October 21 Despite rising interest rates leading to a decline in new condo sales, Toronto has the highest number of operating tower cranes in North America, a new report by property and consultancy firm Rider Levett Bucknall shows. Toronto had 230...
by The Baldwin England Team | Oct 7, 2022 | Infographics, Market Updates
Market Update for October 7 A 20-year low in new home listings last month is buying Toronto area home prices, which in September, rose slightly month-over-month to $1.09 million. It was the second consecutive monthly price increase, but on a year-over-year basis, the...
by The Baldwin England Team | Sep 30, 2022 | Market Updates
Market Update for September 30 Developers are waiting longer for approvals and consumers are paying more. Toronto area municipalities are taking 40 percent longer on average to approve housing development applications than they did two years ago, and the cost of...
by The Baldwin England Team | Sep 23, 2022 | Infographics, Market Updates
Market Update for September 23 There’s a significant shift happening in Canada — and it’s between the renter population and the homeowner population. While the number of homeowners in Canada is growing at 8.4%, the renter population is growing at 21.5%, more than...
by The Baldwin England Team | Sep 16, 2022 | Infographics, Market Updates
Market Update for September 16 Most people have probably come away from COVID-19 with a few purchases they now question, but for Canadian homebuyers who purchased a home during the pandemic, that home wasn’t one of them, at least that’s according to a new survey that...
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