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Canadian Real Estate News
Don't forget about the new home HST rebate
Friday, November 18, 2016
End of year usually means gathering up all of your receipts and making sure you take all of your permitted tax deductions. If you or your clients have purchased a new home or condominium in the past two years, you may have an HST rebate coming to you.
Ontario Increases Land Transfer Tax Rates
Friday, November 18, 2016
On November 14, 2016, as part of its fall fiscal update, the Government of Ontario announced a number of changes to the Land Transfer Tax ("LTT"). These changes are intended to modernize the LTT and to make housing more affordable for new home buyers. As discussed in greater detail below, the changes involve increases in the LTT rates on transfers of certain categories of property, and an enhanced first-time homebuyer's refund for eligible first-time homebuyers.
Home Prices Up Over 50% In GTA's Hottest Neighbourhoods
Thursday, November 17, 2016
Earlier this month the Toronto Real Estate Board announced that the average price of a detached home in the 905 region was up 29.4% year over year. But as any good math student knows, if the average in the GTA is up 29.4% that means there must be quite a few neighbourhoods that are appreciating at a much faster rate than this.
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Century 21 Leading Edge Realty Inc., Brokerage
- Independently Owned and Operated -
6393 Main Street - Stouffville, Ontario, M1B 3V9
Phone 905-642-8870       Fax 905-640-3330
Email: kirkbnice@sympatico.ca
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