2019 Federal Budget Details and TREB Statement

By: Dharmendra Dholakiya

2019 Federal Budget Details and TREB Statement

Tags: FIRST TIME HOME BUYERS

March 20, 2019 -- The federal government has announced the details of its proposed 2019 budget.  The budget proposes numerous significant measures focused on housing.  TREB's formal statement on the budget and budget details are provided below. TREB issued the following statement immediately following the announcement of the budget: TREB Statement Regarding...Read More

By: Canadian Real Estate Wealth

GTA's average Rent exceeds $2,300

Tags: Rent Vs. Buy

  GTA's average rent exceeds $2,300 by Ephraim Vecina 15 Jan 2019   The average condo apartment rental rate in the GTA has grown by 9.3% last year to exceed $2,300, according to Urbanation’s year-end 2018 rental market results released late last week. This marked the greatest rise ever since Urbanation began tracking the metric in 2010, the report stat...Read More

By: Dharmendra Dholakiya

Greetings

Tags: Greetings

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By: Dharmendra Dholakiya

How to Save Money and keep your home warm

Tags: Save Money while heating your Home

  How to save money and keep your house warm this winter By PAUL F.P. POGUEHomeAdvisor   Some tips to keep your house warm and save on energy — and the bills they bring — at the same time. Make some basic changes: Some of the most effective ways to warm up your home are the simplest. For example, open your blinds in the morning to let in both light and heat during ...Read More

By: Dharmendra Dholakiya

Rate hike adds to homebuyers’ challenges, could shut out more first-time buyers

Tags: Mortgage Interest rate VS. Home Buyer

Enter Blog Post Here The third Bank of Canada rate hike this year could shut more first-time buyers out of the region’s housing market and add hundreds of dollars to some homeowners’ mortgage payments. The central bank raised its key lending rate 0.25 to 1.75 per cent on Wednesday, prompting Canada’s big banks to boost their prime rates by a quarter of a percentage point to 3.95...Read More

By: Dharmendra Dholakiya

Rate hike adds to homebuyers’ challenges, could shut out more first-time buyers

Tags: Mortgage interest rate VS. Home Buyers nightmare

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By: Dharmendra Dholakiya

Bank of Canada increases overnight rate target to 1 1/4 per cent.
Will it burn Your Home's Value?

Tags: Interest rate increase! Will it burn your Home's Value?

OTTAWA – The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent. Recent data have been strong, inflation is close to target, and the economy is operating roughly at capacity. However, uncertainty surrounding the future of the North American Free Trade Agreement (NAFTA) is cloud...Read More

By: Dharmendra Dholakiya

Ontario secondary suite - Where your Home Stands?

Tags: Ontario secondary suite research study

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By: Dharmendra Dholakiya

Will new principal residence reporting will help CRA home in on flippers ?

Tags: CRA eying on flippers

Reporting the sale of your principal residence for individuals (other than trusts) On October 3, 2016, the Government announced an administrative change to Canada Revenue Agency's reporting requirements for the sale of a principal residence. When you sell your principal residence or when you are considered to have sold it, usually you do not have to report the sale on your inc...Read More

By: Dharmendra Dholakiya

Changes to Toronto LTT APPROVED - Effective March 1, 2017

Tags:

Land Transfer Tax

 

For further details call Now:  416-834-6208  or email to:  istayproperty@gmail.com

IMPORTANT Changes to Toronto LTT APPROVED - Effective March 1, 2017 February 16, 2017 -- City of Toronto Council has approved changes to the Toronto Land Transfer Tax that mean additional Toronto Land Transfer Tax costs for some home buyers with a closing date on or after March 1, 2017, when it will be harmonized with the provincial LTT. Click here to see the detailed City of Toront...Read More