One of the unforeseen consequences of the pandemic has been a red-hot housing market with prices rising 22.2% annually as of November 2021. Some GTA markets such as Toronto increased 28.4% year-over-year to $1,242,793 for January 2022. Many home buyers rushed Full details …
Three years ago Premier Doug Ford introduced an exemption to Ontario’s rent control rules for units first occupied after Nov. 15, 2018. New buildings, additions to existing buildings and most new basement apartments that are occupied for the first time Full details …
Most pre-construction contracts assume some risks due to long building terms during which the real estate values can either rise or fall. In today’s over-heated real estate market, a few builders appear to be unwilling to proceed with deals at Full details …