Ontario Home Prices Set to Rise 5% in 2025
Ontario home prices are expected to ↑ 5% in 2025, driven by increased sales activity. First-time homebuyers will drive market activity, especially in more affordable regions across Ontario.
Homes prices drop as sales plummet ahead of winter in Brampton: report
Home prices in Brampton have decreased as sales fell significantly ahead of winter. A report indicates that detached home sales dropped over 10% in November, leading to a 0.3% decline in average prices, now at $1,016,260. The condo market also saw a 10.71% drop in sales and a 4.28% price decrease to $511,316. Semi-detached homes […]
Tax Relief Needed for Toronto Home Buyers
GTA residents face high taxes, totalling over $200K on the avg home purchase. Proposed tax cuts, like removing GST on homes under $1M, could save buyers $40K.
2025 में ओंटारियो में घरों की कीमतें कितनी बढ़ेंगी, जानिए
कनाडा के हाउसिंग मार्केट की तेजी से रिकवरी को लेकर संदेह के बावजूद, RE/MAX Canada ने 2025 के लिए सकारात्मक दृष्टिकोण की भविष्यवाणी की है। औसत कीमतों में 5% की वृद्धि और लेन-देन में 25% की वृद्धि की उम्मीद है, खासकर ओंटारियो में। Simcoe County में बिक्री में 25% की वृद्धि और कीमतों में 10% […]
GTA Pre-Construction Investment Trends
Master-planned communities, combining residential units with commercial spaces and parks, attract diverse residents and investors. Infrastructure improvements and affordability in Scarborough and North York position them as key growth markets.
Ontario’s New Rules Threaten City Planning Stability
Ontario cities fear new provincial rules allowing individual development applications could undermine long-term urban planning. The provincial planning statement mandates cities to evaluate ad hoc applications, increasing administrative costs and appeals.
Ontario Home Prices Stable in Late-Q3, Yearly Decline!
Ontario home prices remained stable in September compared to August, continuing a trend since February 2024. The average single-family home sold for $954,000 in September, a 4.5% decline from September 2023 prices.
Ontario Property Reassessment Paused
Property reassessment in Ontario remains on hold, maintaining 2016 market values for the 2025 tax year. The fall economic statement reveals upcoming flexibility for municipalities regarding student housing tax subclasses.
Ontario: Two CRA Benefits Coming for Residents
In Mid-Q4 2024, Ontario residents will receive the Canada Child Benefit (CCB) and Ontario Trillium Benefit (OTB).The CCB provides monthly support for families with children under 18 to cover essential expenses.
Ontario’s Open Bidding Real Estate Law
Since December 2023, Ontario sellers can opt for open bidding, disclosing bid details to all participants. Open bidding can reduce overbidding by giving buyers insight into competing offers, potentially stabilizing prices.