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...
by The Baldwin England Team | Apr 5, 2024 | Market Updates
Market Insight for April 5 March 2024 home sales reported through TRREB’s MLS® System were lower than the March 2023 result, due in part to spring break for the schools and the statutory holiday Good Friday falling in March this year versus April last year. Despite a...
by The Baldwin England Team | Mar 15, 2024 | Market Updates
Market Insight for March 15 A new report released this week says the average asking price for a rental unit in Canada was $2,193 per month in February, up 10.5% year-over-year and the fastest annual growth since September 2023. The data released Monday by Rentals.ca...
by The Baldwin England Team | Mar 8, 2024 | Market Updates
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...
by The Baldwin England Team | Mar 1, 2024 | Market Updates
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...
by The Baldwin England Team | Feb 16, 2024 | Market Updates
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...
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