Yearly Archives: 2013

House Price Growth Continues in February

Greater Toronto Area (GTA) REALTORS® reported 5,759 sales through the TorontoMLS system in February 2013 – a decline of 15 per cent in comparison to February 2012.  It should be noted that 2012 was a leap year with one extra day in February.  A 28 day year-over-year sales comparison resulted in a lesser decline of […]

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Baby Boomers are moving but not to Condo

Single-family homes remain the most popular property type among both Baby Boomers and Generation Y, according to Royal LePage survey According to Royal LePage National Survey, despite the perception that aging Baby Boomers may create an oversupply of traditional single-family homes as they downsize into smaller residences, a new Royal LePage Real Estate survey shows […]

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Brampton orders monster home torn down

The city may itself have goofed in allowing a 6,600-square-foot house in a neighbourhood of more modest homes, but it now wants it demolished. The owner of a 6,600-square-foot monster home being built in Brampton has had his building permit revoked and has been ordered to demolish the structure, even though the city may be […]

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Matrimonial home, or not? A $500,000 question

A couple can have more than one matrimonial home, as long as it can be shown they use it as a family home at some point in the year. A matrimonial home is recognized as a very special asset by the law in Ontario. That means that if the home is sold, it will usually […]

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