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A look at key Canadian housing measures unveiled in 2016

Posted in Association News, Broker Listings, Broker Listings Atlantic, Broker Listings GTA, Broker Listings Ontario, Broker Listings Quebec, Broker Listings West, Broker Sales, Broker Sales Atlantic, Broker Sales GTA, Broker Sales Ontario, Broker Sales Quebec, Broker Sales West, CMHC, Development, Housing, Industry Trends, Legal, Legislation, Media Releases, Newsworthy, Real Estate Law, Tax Law

A look at key Canadian housing measures unveiled in 2016

It has been a busy year for government intervention into the Canadian real estate market, and not just the hottest Toronto and Vancouver regions as many of the policy changes impact homebuyers across Canada. Below, BNN looks back at the highlights of 2016 Canadian housing policy.   Feb. 15 – Down payment hike – Announced in December of 2015, Ottawa raised the minimum down payment requirement for homebuyers to 5 per cent of the purchase price up to $500,000 and 10 per cent of any...

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GTA condo rentals see dramatic growth in the second quarter of 2014

Posted in Broker Listings GTA, Housing, Industry Trends, Newsworthy

GTA condo rentals see dramatic growth in the second quarter of 2014

Though the tight low-rise market in Toronto often steals headlines for its price and sales growth, the condo market performed quite well in the second quarter of 2014 with a double digit boost in sales of existing suites. The Toronto Real Estate Board is reporting 6,553 sales in the GTA last quarter, a 10.4 per cent surge compared to the same period last year. Toronto-proper accounted for 71 per cent of all condo sales in the region. The city counted 4,638 sales in total, a 9.3 per cent...

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