Categories
Foreign real estate transactions down from August to November
Many people have speculated on what effect the nonresident tax would have on key real estate markets. The Ontario government has presented figures from the period between Aug. 19 and Nov. 17, a period following the imposition of the 15 percent foreign buyers tax. These...
Ontario Real Estate Association opens transparency discussion
Real estate professionals often seek to weigh in on legislation that will affect their profession and operations. In Ontario, the Ontario Real Estate Association (OREA) is the group which represents real estate agents in the province. OREA is considering a campaign...
Real estate in Ottawa more affordable for young buyers
Across Canada, economic realities and housing costs create very different environments for prospective home owners. While those in Toronto or Vancouver face a high-priced market, buyers in Ottawa, Ontario have been taking advantage of some of the area's more affordable...
Ontario considers condominium law changes to promote electric car
As times change, rules governing housing are often altered to address new needs and technologies. In Ontario, the changes to the Condo Act are being considered in hopes of encouraging more people to adopt electric vehicles. The province has released...
Things to know about condominium ownership in Ontario
Condominium ownership comes with many benefits. It also comes with rules and regulations that govern everything from maintaining your unit and how much your condominium fees will be every month to what type (if any) pets you can have. As...
Vaughan lawmakers change real estate terms for new development
Clear definitions of property types are important for any new development. For example, detached houses and commercial properties have different regulations by which they must abide. In Vaughan, Ontario, city regulators are making a change to which properties fall under condominium...
