Tai-Homes
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11/01/2023
Toronto real estate class-action could affect billions of dollars in commissions
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Toronto real estate class-action could affect billions of dollars in commissions A class-action lawsuit has been filed against major brokers and real estate organizations in Toronto, alleging that they have implemented rules that stifle competition for buyer brokerage services, leading to higher prices. Buyer brokerage is a real estate agreement where a broker represents the buy...
10/31/2023
Council votes to hike Toronto's vacant home tax to 3% as housing crisis grows
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Council votes to hike Toronto's vacant home tax to 3% as housing crisis grows Toronto City Council has voted to increase the vacant home tax from one to three per cent of the assessed value of a property in order to help combat the city's housing crisis and budget deficit. The revenue from the tax will be directed to a city housing program to provide grants to non-profit hous...
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Toronto Considers Municipal Sales Tax
10/29/2023
Could tax cuts mean more purpose-built rentals? Some Toronto advocates hope so
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Could tax cuts mean more purpose-built rentals? Some Toronto advocates hope so The federal and Ontario governments have recently announced plans to cut taxes on new rental construction in order to spur development and address the housing crisis. Although it is a good first step, experts suggest that more measures such as cutting red tape around project approvals, focusing on b...
10/28/2023
New rental registry lets you see how much people pay for rent across Toronto
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New rental registry lets you see how much people pay for rent across Toronto A new Ontario rental registry called Vivre en Ville has been launched to help preserve affordability in the residential market. The free registry crowdsources self-reported rental prices across Toronto and has already amassed thousands of listed rents in virtually every neighbourhood in the city. Th...
Toronto Region’s Housing Activity Cools
Will Toronto's Shift To A Buyers' Market Actually Mean Anything?
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10/24/2023
Toronto's vacant home tax set to rise after busting tons of investors hogging housing
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Toronto's vacant home tax set to rise after busting tons of investors hogging housing The Vacant Home Tax in Toronto has been a successful first year for the city, bringing in the expected amount of revenue and cracking down on investors who keep properties vacant instead of using them as housing. 44,902 units were considered vacant and were charged one percent of their assessed valu...
10/24/2023
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Mid-Q3 Condo Sales in Toronto Region
10/22/2023
How much home equity financing can I get in Toronto?
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How much home equity financing can I get in Toronto? Home Equity Financing is a popular financial tool for homeowners in Toronto, allowing them to borrow against the equity they have built up in their property. It has many benefits, such as lower interest rates and flexible repayment options, but lenders will assess factors such as credit score, incom...
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Toronto, ON
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