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Ontario needs more than 6,000 new rental units a year says report

9/26/2017 | Posted in Ontario Real Estate by Michael Antczak

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The tight Ontario rental market will worsen without increasing the units available by around 6,250 a year for a decade.

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Province to unlock additional land for housing

9/13/2017 | Posted in Toronto News by Michael Antczak

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The Ontario government has addressed the province’s housing supply issue by vowing to unlock provincial land for the use of housing.

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Ontarians are piling up non-mortgage debt

9/6/2017 | Posted in Financial Health by Michael Antczak

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Debt levels in Ontario are outpacing the other provinces while those in Western Canada are declining – and it’s not just home loans.

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New eviction rules in effect to protect Ontario tenants

9/1/2017 | Posted in Ontario Real Estate by Michael Antczak

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Ontario tenants will have additional protection from eviction starting Friday, September 1, 2017; when a landlord ends a tenancy to have family members move in, people evicted ... More


Ontario begins rolling out new condo-board regulations

8/1/2017 | Posted in Ontario Real Estate by Michael Antczak

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Names of Ontario condominium directors will be listed in a public database under new regulations unveiled this month, as the province begins to implement a new law to protect ... More


Foreign buyer activity in Ontario housing market about 5 per cent: government

7/5/2017 | Posted in Foreign Buyers by Michael Antczak

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Newly released figures show nearly five per cent of home purchases in Ontario's Greater Golden Horseshoe region were made by non-residents since the Liberal government ... More


Ontario government considers review of preferential condo sales

6/28/2017 | Posted in Ontario News by Michael Antczak

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The Ontario government is considering a review of preferential sales practices for pre-construction condos as part of its wide-ranging reforms of the housing market.

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More first-home buyers in Ontario delaying their purchases

6/27/2017 | Posted in Ontario Real Estate by Michael Antczak

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More first-home buyers in Ontario appear to be delaying their purchases in the wake of the province’s new policies intended to cool the red-hot housing market. At the ... More


Cottage country shows early immunity to GTA real estate cooling

6/20/2017 | Posted in Recreational Properties by Michael Antczak

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The slowdown in Toronto’s housing market is not reaching cottage country several hours away, where vacation properties are changing hands quickly and prices are still ... 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


Cottage country feels the heat from Toronto's real estate fire

5/21/2017 | Posted in Real Estate Market by Michael Antczak

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The May long weekend is the traditional kick-off to cottage season. But long before the snow melted this spring, equity-rich baby boomers from the city had been turning up the ... More


Ontario moves to toughen oversight of syndicated mortgage investments

4/28/2017 | Posted in Mortgage News by Michael Antczak

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The Ontario government will shift regulation of syndicated mortgage investment products to the Ontario Securities Commission in a move to toughen oversight of a rapidly growing ... More


New Ontario regulations on buyers' citizenship effective today

4/24/2017 | Posted in Ontario Real Estate by Michael Antczak

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Regulatory changes that require home buyers in Ontario to provide complete information on their citizenship and place of residence take effect today.

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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?

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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.

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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


Proposed changes to Condominium Act regs released

2/16/2017 | Posted in Ontario Real Estate by Michael Antczak

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A plain language summary of the first round of proposed changes to rules under the Condominium Act was posted yesterday on Ontario’s Regulatory ... 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


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).

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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.

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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.

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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.

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