TORONTO – As home prices continue to escalate across Greater Toronto and beyond, aspiring home buyers may find some relief in a newly-proposed increase to the province’s Land Transfer Tax (LTT) refund. The proposed legislation would see the maximum refund – which is currently available only to eligible first-time buyers in Ontario – double from […]
TREB Reports Record-Threatening Sales Activity for 2014
TORONTO – Year-end numbers recently released by the Toronto Real Estate Board (TREB) have managed to confirm what many GTA real estate agents probably already suspected: 2014 was an exceptionally busy year for sales activity, falling short of the existing record by just 326 transactions. The Board’s Market Watch report for December 2014 reveals that […]