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Ontario Real Estate News and Articles | My Blog

Ontario new housing rules take a bite out of new construction numbers for country

6/9/2017 | Posted in Real Estate Market by Michael Antczak

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Canadian housing starts fell 8.6 per cent in May from April, a decline fuelled by a massive pullback in new home construction since Ontario moved to cool the housing market in ... More


Toronto home sales drop most since recession as new rules put brakes on market

6/6/2017 | Posted in GTA Real Estate by Michael Antczak

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Sales of existing homes across the Greater Toronto Area dropped a whopping 20.3 per cent in May from a year ago, while the average home price in the region fell about six per ... More


Top Places In Ontario To Invest In Real Estate

6/4/2017 | Posted in Ontario Real Estate by Michael Antczak

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In the inaugural issue of Canadian Property Investor, the publication identified the Top 50 Places to Invest in Canada. Now it's time to dig a little deeper -- to ... More


Real estate not only more expensive, but also more complex

6/3/2017 | Posted in Ontario Real Estate by Michael Antczak

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The only thing increasing faster than GTA home prices is the complexity of the market. Lesser-known but very important changes are already underway that will significantly ... More


Ontario regaining status as economic engine for Canada

5/29/2017 | Posted in Ontario News by Michael Antczak

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Canada's big banks are forecasting that Ontario will lead the country in economic growth this year or be within a hair of the top of the pack. Unemployment ... More


Ontario to tax foreign buyers, expand rent control

4/20/2017 | Posted in Ontario Real Estate by Michael Antczak

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Ontario plans to help cool a hot housing market by bringing in a 15-per-cent foreign buyer tax, expanding rent control, allowing Toronto to impose a tax on vacant homes and ... More


No measures that could boost demand for housing in Toronto: Morneau

4/19/2017 | Posted in Toronto Real Estate by Michael Antczak

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Three levels of government facing a red-hot housing market in the Greater Toronto Area agreed Tuesday not to introduce any measures that would further boost demand and drive ... More


Ontario considers housing tax for non-resident speculators

4/18/2017 | Posted in Ontario Real Estate by Michael Antczak

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Seeking to tame a roaring housing market in greater Toronto, the Ontario government is considering a speculation tax on home purchases by non-residents according to the The ... More


Cool Toronto's market by cutting tax - not raising it

4/12/2017 | Posted in Toronto Real Estate by Michael Antczak

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Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether?

... More


Sousa promises measures to cool Ontario's overheated housing market

3/28/2017 | Posted in Ontario Real Estate by Michael Antczak

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Attention hard-pressed homebuyers: Finance Minister Charles Sousa is promising help in his spring budget to make houses and condos more affordable.

... More


Ontario puts foreign buyers' tax back on the table as hot housing market raises alarms

3/10/2017 | Posted in Ontario Real Estate by Michael Antczak

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A foreign buyers’ tax is back on the table in Ontario, with the finance minister saying it’s one possible option he’s looking at to cool the housing ... More


New home construction picks up, offering latest evidence of economic momentum

3/8/2017 | Posted in Real Estate News by Michael Antczak

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The pace of home construction in Canada picked up last month and a lot of the push came from Ontario, the federal housing agency said Wednesday, offering the latest evidence ... More


Prices soar 30 per cent in this Ontario market

3/6/2017 | Posted in Ontario Real Estate by Michael Antczak

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The continued boom in the housing market in the Greater Toronto Area continues to push other Ontario markets higher.

... More


GO expansion could boost GTA property values

2/9/2017 | Posted in GTA Real Estate by Michael Antczak

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A study commissioned by the Toronto Real Estate Board considered the impact of GO’s Regional Express Rail expansion on Toronto region housing prices and ... More


Housing strength now concentrated in Ontario, data suggest

1/17/2017 | Posted in Ontario Real Estate by Michael Antczak

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As Vancouver smarted from its greatest 3-month decline in home prices since 2012, latest housing data suggested that Ontario is now the main contributor of strength and ... More


More Torontonians want hard-to-find detached homes: Study

12/28/2016 | Posted in Ontario Real Estate by Michael Antczak

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A study by the Ontario Real Estate Association finds more Torontonians are eyeing detached homes, even though those properties are the hardest to find. 

... More


Lend first-time buyers cash to buy houses, Ontario realtor chief says

12/24/2016 | Posted in Ontario Real Estate by Michael Antczak

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The head of a realtor group in Canada’s largest province said he’d support a program that would lend first-time buyers cash to buy houses and get them out of their ... More


A year in review of the market from November 2015 to November 2016: OREA

12/15/2016 | Posted in Ontario Real Estate by Michael Antczak

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The Ontario real estate market remained strong in 2016, set new sales records, and continued to be a seller's market. Ontario residential unit sales in November numbered ... More


Ontario cities surge ahead as the country's leading seller's markets

11/25/2016 | Posted in Ontario Real Estate by Michael Antczak

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Ontario played host to the 10 most vibrant seller’s markets in the country last month, according to fresh data from the Canadian Real Estate Association (CREA).

... More


Ontario's home costs growing by approximately $2K every few days

11/23/2016 | Posted in Ontario Real Estate by Michael Antczak

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Over the past year, the average price of homes in Ontario has swelled by more than $88,000, translating to a growth rate of around $2,000 every 8 or 9 days.

... More


Ontario helping first-time homebuyers

11/14/2016 | Posted in Ontario Real Estate by Michael Antczak

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Ontario is doubling the rebate on the land-transfer tax for first-time homebuyers to $4,000, but is increasing the same tax on homes that sell for over $2 million.

... More


Toronto Million-Dollar Homes Pushing Demand to Nearby Cities

11/10/2016 | Posted in Ontario Real Estate by Michael Antczak

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Toronto’s hot housing market is driving residents to seek more affordable options outside Canada’s largest city, pushing demand for new properties to new highs in ... More


Ontario will outline plans next week to deal with rising home prices

11/9/2016 | Posted in Ontario Real Estate by Michael Antczak

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Ontario will take steps next week to deal with rising house prices, but it will not follow British Columbia's lead and impose a tax on foreign buyers.

... More


Ontario will not follow B.C.'s tax on foreign homebuyers

10/25/2016 | Posted in Ontario Real Estate by Michael Antczak

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Ontario Premier Kathleen Wynne said on Monday that the province will not follow British Columbia’s move to introduce a tax on foreign homebuyers.

... More


Another reason foreign tax is not the answer in GTA

10/11/2016 | Posted in GTA Real Estate by Michael Antczak

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While the debate continues on whether Ontario should follow BC with a tax on foreign ownership of homes in the GTA, a report highlights another issue which is driving up home ... More


Toronto buyers drive real estate prices up in Cambridge, Kitchener, Guelph

10/6/2016 | Posted in Ontario Real Estate by Michael Antczak

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Industry watchers predict Toronto buyers will continue to drive prices up in Waterloo Region's already red-hot real estate market, even as "for sale" listings ... More


Ontario has little choice but to tax foreign home buyers, CIBC economist warns

9/21/2016 | Posted in Foreign Buyers by Michael Antczak

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The Ontario government has little choice left but to enact a 15 per cent tax on foreign home buyers, says CIBC World Markets deputy chief economist Benjamin Tal.

... More


Ontario home sales set new August record

9/20/2016 | Posted in Ontario Real Estate by Michael Antczak

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Residential sales activity reported through the MLS® Systems of real estate Boards and Associations in Ontario numbered 22,350 units in August 2016, an increase of 17.2 per ... More


Ontario to introduce regulations for home inspections

8/17/2016 | Posted in Ontario Real Estate by Michael Antczak

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Ontario said it plans to start licensing home inspectors in the province as part of legislation that could be passed as early as this fall.

... More


Ontario looking 'very closely' at B.C. real estate tax on foreign buyers

7/27/2016 | Posted in Ontario Real Estate by Michael Antczak

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Ontario's finance minister says he will be looking "very closely" at British Columbia's tax aimed at foreign homebuyers as he looks for ways to address ... More


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