by The Baldwin England Team | Mar 1, 2024 | Market Updates
Market Insight for March 1 Tarion, the home consumer protection agency in Ontario could face $90M in claims as developers walk away from projects and home buyers lose deposits. Ontario’s real estate watchdog, Tarion, confronts an unprecedented challenge as it...
by The Baldwin England Team | Feb 16, 2024 | Market Updates
Market Insight for February 16 So it’s official! City Council voted in favour of the 9.5% increase to the residential property tax rate when they met on Wednesday to finalize the 2024 budget. The tax hike, bigger than any since the city’s amalgamation in 1998, was...
by The Baldwin England Team | Feb 2, 2024 | Market Updates
Market Insight for February 2 Toronto listings are starting to see multiple offers starting up again. What has happened in the last week that has caused this frenzy? The psyche in the market has already started to shift. Could it be this unusually warm weather we are...
by The Baldwin England Team | Jan 26, 2024 | Market Updates
Market Insight for January 26 Foreign buyers who want to purchase a home in Toronto could soon face an even steeper price tag if city council approves a new municipal tax that aims to curb real estate speculation. The Municipal Non-Resident Speculation Tax (MNRST), is...
by The Baldwin England Team | Jan 19, 2024 | Market Updates
Market Insight for January 19 Have you done your declaration for your home occupancy status for 2023? The City of Toronto is reminding all residential property owners to declare their property’s occupancy status for the 2023 taxation year by February 29, 2024. As part...
by The Baldwin England Team | Jan 11, 2024 | Market Updates
Market Insight for January 5 Toronto’s latest real estate figures suggest the housing market may be amid a rebound, according to some economists, though they caution that the full impact of elevated mortgage rates has yet to play out. The December stats were released...
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