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June real estate sales climb 2.4% in the GTA, with just over 8,000 homes changing hands

June real estate sales climb 2.4% in the GTA, with just over 8,000 homes changing hands www.MSN.com June 5, 2018 Home sales in the Greater Toronto Area rose 2.4 per cent in June compared to the same month a year ago, and were 17.6 per cent higher compared to May, ...

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Cottage Ownership For Investment Purposes On The Rise

Cottage Ownership For Investment Purposes On The Rise! BayToday.ca, July 2, 2018 The Canada Day long weekend is one of the most anticipated weekends for recreational property goers, as Canadians look to get out of the city, relax with friends and family and enjoy the summer weather. The allure of ...

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Boomers Bump Ontario Cottage Values

Boomers Bump Ontario Cottage Values. By TESS KALINOWSKI Real Estate Reporter The Star, June 6, 2018 Ontario cottage prices are heading north this year according to a report from Royal LePage that forecasts a 9.4 per cent year-over-year increase in Ontario recreational property values this year, despite a softer housing ...

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Who are the condo investors in Toronto?

By TESS KALINOWSKIReal Estate Reporter The Star, April 6, 2018   They are a ghostly presence in Toronto’s property market – the buyers who gobble up the most and best units at developer pre-sales in the towers sprouting across the region. Until now, not much has been known about the ...

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Couple ordered to pay $470,000 after reneging on Ontario home deal

By JULIEN GIGNAC Staff Reporter Sun., April 15, 2018 In a case a judge called a warning to prospective buyers in the GTA’s erratic housing market, a couple caught up in a bidding war will have to pay $470,000 after reneging on a multimillion-dollar deal to buy a Stouffville-area house. ...

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When you have sold your home, you must report it to CRA

By ROB CARRICK Personal Finance Columnist The Clobe and Mail, April 10, 2018 The Canada Revenue Agency is getting tough with people who fail to comply with new rules requiring the routine sale of a home to be reported, even when there’s zero tax owing. If you don’t report the ...

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