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John Smith (not his real name) and his wife had not listed their condo when they starting looking for a single-family home. They knew house prices were on the rise and the trend was likely to continue.
They had their hearts set on a particular Toronto neighbourhood. When they found a place they loved, “We threw caution to the wind and bought that house,” he says.
With less than one week to go before Toronto voters select a new City Council, Toronto’s REALTORS® continued to raise concerns about the Toronto Land Transfer Tax with Mayoral candidates at TREB’s Annual General Meeting.
Toronto Real Estate Board President Paul Etherington announced a 12.9 per cent year-over-year increase in condominium apartment sales through the TorontoMLS system in the third quarter of 2014. Sales amounted to 5,954. New listings of condominium apartments on TorontoMLS were also up compared to the same period last year, by 4.5 per cent.