by Mario Toneguzzi | Feb 16, 2024 | News
Real estate firm Engel & Völkers says mom-and-pop house flippers have entirely left the market, blaming rising costs from construction, interest rates, taxes and elevated housing prices. Those costs, which have cumulatively escalated in recent years, have...
by REM Editorial Team | Feb 6, 2024 | News
Major Canadian markets and migration across the country has changed, thanks to growing affordability issues — which land transfer taxes and new property assessments are contributing to, according to Re/Max Canada’s 2024 Tax Report. The report emphasizes the need for...
by John DiMichele and Michael Bourque | Mar 26, 2021 | Featured, Guest Columns
The Canadian Real Estate Association, the Toronto Regional Real Estate Board and other boards across the country publish extensive resale housing market statistics. We also analyze trends and identify factors driving significant shifts in unique markets across the...
by Samantha Prasad | Sep 11, 2020 | Featured, Legal Issues
From what I have read, the demand for cottage properties has soared during COVID-19. City folk are eager to get out of the city for a change of scenery, especially since many people are still working from home. So the idea of having your laptop set up on the dock of...
by David J Rotfleisch | Jul 10, 2020 | Columnists, Featured, Legal Issues
On June 25, Canada Revenue Agency (CRA) announced that it would carry out a tax review of six years of U.S. real estate transactions in order to find any tax non-compliance from Canadian taxpayers. CRA is looking for “real estate and property data in bulk form, in...