by The Baldwin England Team | May 17, 2024 | Market Updates
Market Insight for May 17 If a foreign landlord fails to pay taxes, the CRA can go after the tenant. And not knowing a landlord is a non-resident is not considered a valid excuse. Canadian renters are getting a rough introduction to the country’s foreign investor...
by The Baldwin England Team | May 10, 2024 | Market Updates
Market Insight for May 10 Toronto’s real estate market has been all over the place in recent months, with contradicting trends and forecasts leaving prospective buyers and sellers more confused than ever. Traditionally, May represents the peak of sales and...
by The Baldwin England Team | May 3, 2024 | Market Updates
Market Insight for May 3 The first quarter of 2024 brought some relief for renters in the Greater Toronto Hamilton area (GTHA) with condo rents down 7.4% in the first quarter of the year. According to new data from research firm Urbanation, condo rents in the GTHA...
by The Baldwin England Team | Apr 26, 2024 | Market Updates
Market Insight for April 26 New condo sales in the Toronto region have dropped to their lowest level since the 2009 financial crisis, with investors hesitating because of the lofty prices and higher borrowing costs. A Monday news release from the market research firm...
by The Baldwin England Team | Apr 19, 2024 | Market Updates
Market Insight for April 19 Middle-class Canadians may still feel the impact of the federal budget’s increase to capital gains taxes, even though the government claims the adjustments will primarily target the wealthiest individuals. In the 2024 budget unveiled...
by The Baldwin England Team | Apr 12, 2024 | Market Updates
Market Insight for April 12 Deputy Prime Minister and Finance Minister Chrystia Freeland announced a number of housing affordability measures Thursday that she said will help buyers get their first homes and help current homeowners afford the homes they have. “I...
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