Canadian home prices rise in June as Toronto keeps climbing: Teranet

Canadian home prices rose in June as the cities of Toronto and Hamilton led the way with record increases despite provincial government efforts to rein in demand in the hot markets, data showed on Wednesday. The Teranet-National Bank Composite House Price Index, which measures changes for repeat sales of single-family homes, showed prices rose 2.6 per cent from May. It …

Foreign buyer tax impact mostly psychological, says Sousa

The government had to act because families were being squeezed out of the market, said the minister. The province’s Fair Housing policy, including its 15 per cent foreign speculation tax, has cooled the Toronto area’s overheated housing market, but its impact has been largely psychological, Finance Minister Charles Sousa said Wednesday. “We are tempering not only non-resident Canadians . . …

How You Can Start Giving Back Today

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Review our Annual State of the Organization Address

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30 Harrison Garden Blvd 1+1Br 1W Sale $420,000

Gorgeous, Sunny East-Facing 1+1 Suite Located In The Heart Of North York! Open Concept With Great Layout Overlooking Picturesque 2-Acre! Den Can Be Used As A Second Bedroom! High Floor With Sunny Unobstructed View Of Park! Steps To Yonge/Sheppard Subway Lines, Hwy 401, Trendy Restaurants, Movie Theatres, Shopping Centres, Schools, Etc. Extras:Great Value In The Area. Stainless Steel Appliance, Fridge, …

The Best (and Worst) Places to Live in Toronto

The great thing about living in Toronto is that every neighbourhood comes with bragging rights. Rosedale has prestige schools. Trinity-Bellwoods is the capital for small-batch picklers. Etobicoke has low crime rates, Scarborough has lush parks, downtown has the most transit. Every neighbourhood has something going for it. But Torontonians are competitive, and we like knowing how we stack up. To …

As market shifts, Toronto homeowners caught between buy and sell

If you managed to buy a house in Toronto recently after several failed bids, you might be celebrating. Until you remember you have to sell the place you already own. That’s the scenario the clients of Toronto-based real estate agent Manu Singh found themselves in – just as the market shifted. Their circumstances are familiar to a lot of the …

New Toronto Airbnb rules would require hosts to live at property they’re listing

Torontonians will only be able to list short-term rentals for the property they live in, if city hall approves new recommendations released Monday. The city’s municipal licensing and standards division released a series of new proposals Monday following months of consultation. The new rules aren’t in place yet, but staff are recommending: Banning people from listing units where they don’t …