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Tag Archives: Inclusive

$1 million barrier smashed in Toronto

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The average price of a home sold in Toronto breached CA$1 million for the first time in February, with gains accelerating in the suburbs around Canada’s largest city. Prices in the Toronto region shot up 14.9% from the year before to CA$1.05 million as bidding wars broke out on properties that came up for sale, [&hellip…

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Vancouver home sales smash through record barrier

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Vancouver’s real estate market ended 2020 with a bang, as a December home-buying spree helped the market rebound from a weak 2019, despite the COVID-19 pandemic. Home sales jumped 53.4% in the final month of 2020 compared with December 2019, the Real Estate Board of Greater Vancouver said on Tuesday. The board said 3,093 homes [&hellip…

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Homes Tax put on Vancouver’s mortgage holders?

Owners of secondary properties in Vancouver have at least one reason to dread 2021: a near-tripling of the city’s Empty Homes Tax. On November 25, after Vancouver city council voted in favour of the increase, Mayor Kennedy Stewart spoke about how the higher tax should benefit the city’s renters. “It is clear that the Empty Homes Tax [&hellip…

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