Surge in Toronto New Listings Eases Market Pressure in April
Julie Ly, CFA, CPA Julie Ly, CFA, CPA

Surge in Toronto New Listings Eases Market Pressure in April

This April, Toronto experienced a significant increase in new listings. Despite this influx, many buyers remained cautious, which brought the available inventory back to pre-pandemic levels and alleviated some of the pressure on the housing market. Unlike previous months, this activity…

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GTA Real Estate Market Update In April 2024
Julie Ly, CFA, CPA Julie Ly, CFA, CPA

GTA Real Estate Market Update In April 2024

As we close the books on April 2024, the Greater Toronto Area real estate landscape presents a fascinating tableau of stability and potential growth. This past month, we observed a slight decrease in..

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Toronto Housing Starts Rise Due to Multi-Unit Home Interest
Julie Ly Julie Ly

Toronto Housing Starts Rise Due to Multi-Unit Home Interest

In the last few months, we witnessed a notable uptick in the construction of new homes across Canada, particularly in the multi-unit sector. As someone keenly observing market trends, I wanted to delve into this recent development and share some insights with you all.

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Bank of Canada Keeps Rates Steady, But Rate Cuts Might Be on the Horizon
Julie Ly, CFA, CPA Julie Ly, CFA, CPA

Bank of Canada Keeps Rates Steady, But Rate Cuts Might Be on the Horizon

In recent news, the Bank of Canada (BoC) has decided to keep the overnight interest rate the same for the sixth time in a row. This didn't really shock anyone. But there's a buzz of optimism because the BoC thinks inflation, which is how fast prices for things you buy go up, is slowly getting back to their target of 2%.

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2024 Toronto Vacant Home Tax Declaration: Late Filing Solutions
Julie Ly, CFA, CPA Julie Ly, CFA, CPA

2024 Toronto Vacant Home Tax Declaration: Late Filing Solutions

Navigating city regulations and taxes can sometimes feel like walking through a maze blindfolded, right? Especially with something as specific as the vacant home tax. Now, if you or perhaps a client accidentally let the February 29 or the extended March 15 deadline for the vacant home declaration slip by…

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Bank of Canada strikes again with another rate hike
Julie Ly, CFA, CPA Julie Ly, CFA, CPA

Bank of Canada strikes again with another rate hike

The Canadian government defines a first-time buyer as someone who has not owned a home that they occupied as their principal place of residence during the period beginning January 1st of the fourth year before the year of withdrawal and ending 31 days before your withdrawal.

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Preconstruction vs. Assignment
Julie Ly, CFA, CPA Julie Ly, CFA, CPA

Preconstruction vs. Assignment

With the market ripe with many investment opportunities, we would like to share with you some food for thought for real estate investments

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