An Ipsos Reid survey commissioned by the Ontario Real Estate Association and made public Wednesday says that 56 % of Ontarians mistakenly believe that the HST, which was implemented in July, applies to the reseale home market. The HST which combines the PST and GST for a total of 13 percent does apply to certain [...]
28
2010
27
2010
HST highlights
What’s taxable under the GST and what’s not? See link for more info http://www.rev.gov.on.ca/en/taxchange/pdf/taxable.pdf
24
2010
Active listings down in 81% of markets for January
Low inventory levels set stage for heated spring market in most major Canadian centres. This lack of inventory will be the greatest challenge facing housing markets across the country this Spring, according to a report released today by Re/Max. The threat of higher interest rates, tighter lending criteria, and in BC and Ontario, the introduction [...]
11
2010
Some recent headlines that you may have missed….
http://www.insidehalton.com/news/article/436404–housing-market-making-comeback-statistics-show http://www.insidehalton.com/news/article/442808–housing-market-numbers-indicate-recovery-on-way http://www.yourhome.ca/homes/realestate/article/762439–high-home-sales-hopes-riding-on-low-interest-rates http://www.yourhome.ca/homes/realestate/article/760659–lebour-action-on-land-transfer-tax-can-offset-the-hst
9
2010
Canadian real estate sales poised to set records this year!
The Canadian Real Estate Association has announced it expects home sales to enjoy a 13.3% increase over last year. The new home market appears to be picking up steam as well. With the HST looming in July 2010 many home owners and buyers are anxious to buy and sell before changes come into effect. For [...]