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LTT hike would exacerbate affordability woes: TRREB

Toronto City Council is voting today on whether or not to raise the municipal land transfer tax. Experts weigh in on the matter.

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COVID-19 causing major construction delays

COVID cases have been appearing on construction sites and causing further delays; something that can end up affecting consumers.

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Stakeholders come together for faster housing development

More than 20 public and private sector organizations are now on board with the ambitious initiative, known as One Ontario. The goal of the initiative is to achieve efficiency and transparency through the development approval process.

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Blog

Canada failing its immigration target: RBC

In 2020, Canada only welcomed 184,000 new permanent residents, slightly over 50% of its 341,000 target.

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January set national housing sales record: CREA

Canada’s housing market set another monthly record in January, with countrywide sales rising by 35.2% on an annual basis.

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Delinquent tenants taking advantage of eviction freeze: OLA

In certain regions, the Sherriff cannot enforce an LTB eviction unless an expedited eviction is requested. But people are taking advantage of this.

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Deposit Rocket could prove crucial in bidding wars

“Deposit Rocket allows the buyer to unlock their home equity, instantly. The guarantee stands in the place of a cash deposit until closing,” said Deposit Rocket’s CEO Don Miller.

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GTA home sales rose 50% in January

Data indicated that all major housing segments saw notable year-over-year increases in sales, totalling 6,928 for the month.

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‘Soft intensification’ touted as solution to expensive housing

Toronto's affordability continues to be a pressing issue, especially as the city grows by 150,000 people every year.

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Pathway from Hong Kong to Canada now open

The gateway has opened for 300,000 Hong Kong residents with Canadian passports; an initiative that will help drive Canada's economy forward.

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Could office buildings be turned into residences?

A report from the Altus Group stated that it may be too early to tell what will happen to the office spaces once COVID-19 is behind us.

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U.S. markets offer under-the-radar investment opportunities

This investment firm is the largest provider of U.S. investment properties, but that's not all they do for clients. Here's what the founder has to say.

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Small town housing boom could be short-lived: CIBC

These economists believe that working from home won't last forever, so neither will the sales boom in cottage countries once COVID is behind us.

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