TREB wins battle with Competition Bureau
The Competition Tribunal dismissed, with costs, the anti-competitive complaint of the Competition Bureau against TREB yesterday. Read about the Tribunal’s decision on REM’s Website and The Toronto Star. This is a major victory for TREB which has maintained that the consumer’s right …
Condo investor or condo flipper? CRA wants to know….
With tax time looming, many condo investors could find themselves owing a lot more in tax than they thought. That’s because the CRA is apparently cracking down on condo flippers. Here’s a quick crash course: If you buy a condo and then …
Price gap between Toronto houses, condos hits record high
“The gap between condos and houses grew 16 per cent in December compared to a year earlier, hitting a record of more than $251,000. (Low-rise homes consist of houses, including detached and semi-detached houses, townhomes and link homes, while high-rises encompass all …
Canadians’ confidence in housing market reaches two-year high
Poll results from the Bloomberg Nanos Consumer Confidence Index released on May 24th show that Canadians are increasingly optimistic about the real estate market. 44.6 percent of Canadians expected the price of homes in their neighbourhoods to increase over the next six …
Chinese Housing Market Frenzy
The Toronto and Vancouver markets don’t seem so crazy anymore… From the YouTube description: Surveillance camera caught the shocking moment a new real estate in east China’s Hangzhou city open for sale on Sept 24. The rush to buy was prompted by …
Elon Musk Unveils Tesla’s New ‘Solar Roof’
It’s worth listening to the whole keynote from Elon Musk. The solar roof looks amazing! …
