In October, Toronto’s City Council voted to increase the city’s Vacant Home Tax (VHT) from one per cent to three per cent of a home’s value. This increase comes on the heels of the City’s approval of a graduated Municipal Land Transfer Tax (MLTT) in September 2023,...
I always knew my grandfather was loved, but I’ll admit that I was taken aback by the sheer amount of outreach my family received when Frank Polzler, or “Mr. P,” as he was affectionately known, passed away on December 23, 2022, at the age of 89, with...
The purchasing power of households is being squeezed. Today’s homebuyers and sellers are navigating their real estate journey with mounting complexities, uncertainties and frustrations, from economic factors such as the rising cost of living and higher interest...
We can all agree that Ontario, and Canada, needs more homes. The supply shortage is at the root of an affordability crisis that threatens to derail one of our country’s key economic drivers and the futures of many Canadians who, even if they can afford an...
The strength of the Canadian real estate market has continued to prove itself time and time again during the pandemic. While we’re not out of the woods yet, we are expecting continued growth for the duration of 2020, with an active market for the foreseeable future...
