Toronto, a diverse and cosmopolitan city, is popular with buyers from all over the world.
Richard Silver, a Sotheby's realtor and past Toronto Real Estate Board president who works with foreign buyers, told Metro Morning host Matt Galloway that most of his foreign clients are coming to Toronto for educational and business opportunities, not just to park their money offshore, and that a foreign buyer tax would be a bad
The Toronto Real Estate Board says 4.9% of transactions involve foreign buyers. But some fear the number is low. As Toronto area housing prices have soared, so too has conjecture about the role of foreign property buyers in driving up the market. When the Toronto Real Estate Board (TREB) released data on Tuesday showing only
For anyone expecting to see a downturn of Toronto’s housing market, the Canada Mortgage and Housing Corporation says 2017 won’t be the year. At a recent condo seminar held by the CMHC, the group laid forth it’s predictions for the upcoming year. Jim Burtnick, a member of Torontoism, broker and senior vice president at Sotheby's
A few hours north of the congestion and pollution of the country’s largest city lies an oasis of solitude. A place where people can breathe fresh pine-tinted air, cannonball into crystal-clear water, or just sit around a fire under the stars. Ontario’s cottage country has been an escape for city-dwellers for generations. Every summer a
There have been a lot of articles and interviews in the media about how President-elect Trump’s ascendance November 8th, 2016 may affect the real estate market in Canada. Much will be born out with time and research but in most regards it is much too early to tell, even if the Government of Canada’s Immigration
As Canada’s population grows, the price for housing continues to increase in the country’s major urban centres. According to the Ministry Of Finance, in Ontario alone the population is projected to grow by 30.1 per cent over the next 26 years with the GTA the fastest growing region in the province. Population there is expected
Somebody always has to take the blame. But the lack of self-reflection causes needless panic among Canadians and the really disappointing fact is that it comes from the one body that should keep an eye on such events and keep them in check - the Canadian Government. This careless behaviour resulted in the introduction of