Toronto Real Estate

The Toronto Real Estate Board posted its strongest November ever, with the average price up 11% and number of resales up 16% over November 2006. Parts of Toronto and Markham experienced notable upticks in activity that month. Moreover, overall market activity has already surpassed the record set ...

The Competition Bureau has released its report studying self-regulated professions in Canada, i.e., accountants, lawyers, optometrists, pharmacists and real estate agents. Among the many recommendations, the Bureau suggested: More uniform education and experience for broker registration, across t...

With a glowing surplus, the province announced an expansion of the land transfer tax refund (rebate) -- up to $2000 -- to first-time home buyers of resale homes. The refund was previously only available on new construction. The new policy, effectively immediately, levels the proverbial playing fi...

Under the new Residential Tenancies Act, the rent increase guideline for rent increases between January 1, 2008 and December 31, 2008 will be 1.4% -- the lowest in the history of rent regulation in Ontario -- as a result of now being linked to the Ontario Consumer Price Index. (Historically, the ...