Monthly Archives: August 2015

Month: August 2015 Toronto Housing Market Overstimulates With More Tax Cut

Tyler Anderson/National Post The Bank of Canada is getting what seems like unusual advice from one of the country’s leading real estate companies. Only a small number of economists are still calling for Bank of Canada governor Stephen Poloz to hold off lowering the country’s key lending level Royal LePage says it’s worried a further rate cut might add fuel to some of Canada’s already red hot housing markets — a position that may seem at odds with a typical stance from realtors that all rate cuts are good because they make borrowing cheaper and bring more buyers into the

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Month: August 2015 Toronto average house price jumps to $1.052 million

High-end home sales continue to inflate the Toronto real estate market, the June report says. This Rosedale house was on the market in April. CHRIS SO / TORONTO STAR FILE PHOTO High-end home sales continue to inflate the Toronto real estate market, the June report says. This Rosedale house was on the market in April. By: Susan Pigg Business Reporter, Published on Tue Jul 07 2015 Even concerns that Canada is on the verge of a recession did nothing to dampen demand for homes in June as the spring buying spree – and prices – hit new records. Home sales

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Month: August 2015 Victorian Semi In Rosedale Sells Quickly

  26 Dunbar Rd., Toronto ASKING PRICE $2,095,000 SELLING PRICE $2,075,000 PREVIOUS SELLING PRICE $1,400,000 (2002) TAXES $14,451 (2015) DAYS ON THE MARKET Seven LISTING AGENTS Sue Mills and Sarah O’Neill, Royal LePage Signature Realty The Action: During the slow summer season, Rosedale homes can take a month or two to move, putting several homes in competition with each other. But this semi-detached house spurred a dozen buyers to book showings and another 20 to attend the open house within the first week, which concluded with an offer the sellers accepted. What They Got: This heritage designed Victorian not only

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