Realtor George

The Property Sharks wish you peace, love and laughter in the New Year!
Celebrate and Stay safe!

To help you maximize the capital gains tax strategies under this new reporting requirement, here are eight tips and suggestions.
http://www.moneysense.ca/spend/real-estate/selling/how-capital-gains-tax-strategies-change-under-the-new-tax-rules/

How capital gains tax strategies change under the new tax rules To help you maximize the capital gains tax strategies under this new reporting requirement, here are eight tips and suggestions.

BILD says that the supply coupled with government policies are continuing to drive home prices higher.
http://news.buzzbuzzhome.com/2016/10/toronto-next-london-palo-alto.html

Homebuilding lobby warns Toronto may become “the next London or Palo Alto” Toronto has been dubbed “New York North,” in part for its cosmopolitan hustle and bustle. One lobby group has another comparison in mind.

The travel guide giant Lonely Planet, says the Great White North's friendly people and "dynamic cities" make it a prime destination for prospective tourists in 2017
http://www.huffingtonpost.ca/2016/10/25/lonely-planet-canada-2017_n_12643256.html

Canada Is The Top Country To Visit In 2017: Lonely Planet Top country that's not surprised at all: also Canada.

As part of a 180 million dollar expansion, there will be 2 new university campuses in Brampton and Milton.
https://www.thestar.com/news/gta/2016/10/26/brampton-milton-welcome-news-of-university-expansion.html

Brampton, Milton welcome news of university expansion | Toronto Star GTA communities to be home to new post-secondary facilities as part of province's $180 million expansion plan.

"Think detached homes in Toronto are expensive? A Chinese state-owned developer just spent about $166 million on a large waterfront property in the city."

http://news.buzzbuzzhome.com/2016/10/chinese-state-owned-developer-bought-toronto-waterfront-property-166-million.html

A Chinese state-owned developer just bought a Toronto waterfront property for $166 million Greenland Group, a Shanghai-based state-owned developer, has purchased 215 Lakeshore Boulevard East for $166,050,000.

"Ontario Premier Kathleen Wynne said on Monday that the province will not follow British Columbia’s move to introduce a tax on foreign homebuyers"
http://www.bnn.ca/ontario-will-not-follow-b-c-s-tax-on-foreign-homebuyers-premier-wynne-says-1.591238

Ontario will not follow B.C.’s tax on foreign homebuyers, Premier Wynne says Ontario Premier Kathleen Wynne said on Monday that the province will not follow British Columbia’s move to introduce a tax on foreign homebuyers.

"Big things are built one brick at a time.
Victories are achieved one choice at a time.
A life well lived is chosen one day at a time"
🔑🔑🔑
Happy Monday Everyone

"There is almost a sense of bewilderment in places like Halifax and Edmonton or Montreal, where people wonder what overheated housing market anyone is talking about, because it’s not happening in their jurisdiction."

http://business.financialpost.com/personal-finance/mortgages-real-estate/a-housing-policy-is-being-created-for-the-whole-country-based-on-markets-in-toronto-and-vancouver

Housing policy is being created for the whole country based on markets in Toronto and Vancouver There is almost a sense of bewilderment in places like Halifax and Edmonton or Montreal, where people wonder what overheated housing market anyone is talking about

Mississauga is embarking on a historic period of urban growth, with $45 billion of construction, much of it vertical, in the next 15 years
https://www.thestar.com/news/gta/2016/10/20/mega-projects-reshaping-mississauga-sprawl.html

Mega-projects reshaping Mississauga sprawl | Toronto Star Mississauga is embarking on a historic period of urban growth, with $45 billion of construction, much of it vertical, in the next 15 years

"The Bank of Canada is chopping its forecast for the Canadian economy again, blaming a combination sluggish exports, Ottawa’s crackdown on risky mortgage lending and nervousness about the U.S. election.

Bank of Canada cuts GDP forecast to 1.1 per cent in 2016 and 2 per cent in 2017"

http://www.theglobeandmail.com/report-on-business/economy/bank-of-canada/article32437502/

Bank of Canada cuts outlook on export worries, housing crackdown The central bank also kept its key rate at 0.5 per cent Wednesday; now expects GDP growth of 1.1 per cent this year