The housing market in the Greater Toronto Area (GTA) exhibited further tightening during April 2023. Compared to April 2022, sales experienced a slight decrease, while new listings saw a significant decline of over one-third. This reduced inventory relative to sales intensified competition among buyers, leading to an improvement in selling prices since the beginning of the year. TRREB President Paul Baron...
Canada is facing a shortage of purpose-built rental housing, with economists predicting a deficit of 25K-30K units already. If the situation doesn't improve, the shortage could quadruple by 2026, reaching over 120K units. Immigration growth and declining affordability are contributing to the problem, while purpose-built rental vacancy rates have fallen to 1.9%, the lowest point in 21 years. To address the...
Purchase Land Transfer Tax 20% Down MTG Rate % Monthly Payment Dec 2021 $1,644,000 $ 29,355 $328,800 $1,315,200 2.5% $5,187.80 Dec 2022 $1,403,000 $24,535 $280,000 $1,122,400 6.3% $6,888.10 $1,700.30 Save $241,000 $4,820 $48,200 -$40,807 In this senario : The buyer will save $245,820 The...
رفتن به دانشگاه برای بسیاری از کانادایی ها زمان هیجان انگیزی است. ، بسیاری از دانشگاه ها بزودی برای دانشجویان واکسینه شده بازگشایی می شوند ، که به معنای بازگشت تمام وقت به دانشگاه است. برای بسیاری از دانش آموزان ، شروع کلاسهای...