Nayan Patel Realtor

Ontario's housing market reset: New data reveals shifting buyer trends and investor pullback
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Ontario's housing market reset: New data reveals shifting buyer trends and investor pullback Ontario's housing market is undergoing significant changes, with condos making up 25% of land transfers in the province and 60% in Toronto, where sales rose by 20% year-over-year. Multi-property owners are less active, while millennials are increasingly becoming new buyers. Recent buyers from 2022 a...

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Ontario Needs To Tackle Punishing Taxes to Turbocharge Housing Supply
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Ontario Needs To Tackle Punishing Taxes to Turbocharge Housing Supply Government taxes and fees are increasingly seen as the main barrier to building new homes in Ontario, with one-third of new home costs going to taxes. Development charges have surged, particularly in Toronto, where buyers face over $137,000 in charges for single-family homes. The Land Transfer Tax a...

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https://www.housing-trends.com/agent-news/rakesh-devani/468846-%E0%A4%95%E0%A4%A8%E0%A4%BE%E0%A4%A1%E0%A4%BE-%E0%A4%AE%E0%A5%87%E0%A4%82-%E0%A4%B8%E0%A4%AB%E0%A4%B2-%E0%A4%AE%E0%A5%89%E0%A4%B

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