Could targeted land transfer taxes cool Canada’s hottest markets?

Ontario’s real estate association has launched an ad campaign to explain why they believe land transfer taxes hurt the economy. But in a hot housing market, could the tax be used to cool particular regions, such as Toronto and Vancouver? Officials in Ottawa have made it clear they see no need to cool the market […]

Canada’s next housing bubble: real estate agents – Consult with a Vancouver Mortgage Broker

The housing boom has not only resulted in record real estate prices, it has spawned an unprecedented number of realtors. The number of people selling real estate reached 108,706 during the first quarter of the year, according to the Canadian Real Estate Association. To put it another way, that’s one realtor for every 245 Canadians […]

Six real estate myths debunked – Consult with a Vancouver Mortgage Broker

  Ann Hannah, Don R. Campbell and Ron Abraham By Toby Welch “There are so many real estate myths out there that people take as being the gospel,” says Ron Abraham, president of the Ontario Real Estate Association. REM recently asked three people in the industry about some of these real estate perceptions. 1. Houses […]