Changes to the Real Estate and Business Brokers Act, 2002 (REBBA 2002)

Updates to REBBA 2002 have long been requested by the Ontario real estate industry. Specifically, in the last few years TREB has sought flexible remuneration options for brokerages


Watch Video and Spread the Word to Oppose Toronto’s Home Buying Tax (Land Transfer Tax). [Video]

Toronto City Council may be debating an initial cut to the Land Transfer Tax SOON.  They need to hear from as many people as possible.

Greater Toronto Commercial REALTORS® Release Monthly Figures* for October


Average selling prices were up considerably on a per square foot basis compared to November 2012

Greater Toronto Area REALTORS® Release Monthly Resale Market Figures for November

The average selling price for November 2013 TorontoMLS transactions was $538,881 – up by 11.3 per cent in comparison to the average of $484,208 reported for November 2012.

Canadian home sales fall back in October

Sales were down in a little over half of all local markets, including Greater Vancouver, the Fraser Valley, Greater Toronto, Hamilton-Burlington, and Montreal.

Economic Data Points to Slower Growth and Lower Interest Rates for Longer than Expected

The more pessimistic view from the Bank of Canada flowed through into the bond market, thereby affecting the outlook for longer term borrowing costs

Bank of Canada holds rate, drops forward guidance

As of October 23rd, 2013, the advertised five-year lending rate stood at 5.34 per cent, unchanged from the previous Bank rate announcement on September 4th

Greater Toronto Area Rental Transactions and Average Rents Up in Q3

GTA REALTORS® reported 6,541 condominium apartments rented through the TorontoMLS system in the third quarter of 2013.

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REAL ESTATE SNATCH is the independent real estate blog of Samir Safadi, Sales Representative of West-100 Metro View Realty Ltd, brokerage it is dedicated to covering Real Estate News, digital culture, social media and technology, providing analysis of trends, Market Data , reviewing new development. Offering Real Estate services resources and guides. Services are provided to prospective buyers and sellers of real estate by Samir Safadi, Sales Representative, West-100 Metro View Realty Ltd, brokerage, duly registered in the province of Ontario, under The Trust in Real Estate Services Act, 2020 (TRESA) and Member in good standing with

 

 

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