Toronto Real Estate TREB Published April, 2019 Resale Market Figures TREB announced that the Greater Toronto Area REALTORS® reported a substantial year-over-year increase in home sales in April 2019. The number of residential transactions jumped by 16.8 per cent to 9,042 compared to 7,744 in April 2018. On a preliminary seasonally adjusted basis, […]
Max's Humble Comments - Toronto Real Estate
40% of Canadians are paying no income taxes, Prime Minister Trudeau knows this is right
40% of Canadians are paying no income taxes, Prime Minister Trudeau knows this is right The top 20 per cent is likely paying 70 per cent or more of all income taxes Trudeau was speaking the complete truth when it comes to income taxes (HST, realty taxes and other consumption taxes are […]
Faulty Kitec pipes may produce large repair cost for Toronto home and condo owners
Kitec pipes were used across the city a decade ago, but they quickly corrode and can cause flooding Kitec plumbing — a plastic pipe with an aluminium lining — was introduced to the market in 1995. Back in 1995, Kitec was considered an innovation and used in condominiums, homes and commercial buildings in […]
GTA home sales went down 40% in March, 2018 when compared to March, 2017
GTA home sales went down 40% in March, 2018, and the average price also declined by 14 per cent, according to the latest Toronto Real Estate Board report. TREB reported 7,228 residential transactions in March, 2018 in the GTA, a large decrease from the record 11,954 sales reported in March 2017. The monthly […]
Real estate prices are declining in Toronto, is a market crash in the wind
Post Title: Real estate prices are declining in Toronto, is a market crash in the wind Max Seal’s Comments: The title of this post says it all. In March, 2018, the media reporters are competing for catchy “going-down-the-hole” negative headlines to describe crashing of Toronto housing prices. Just 1 year ago back in […]