ontario

The first time home buyer land transfer tax (LTT) rebate is out of date. Due to increasing home prices, the rebate no longer covers the average LTT bill for first time home buyers. Instead, they pay almost $1,500 in LTT after receiving the rebate

Link:
REALTORS®: A FAIR LTT REBATE FOR FIRST TIME HOME BUYERS

DURHAM REGION, June 2, 2011 – The dream of home ownership in the province of Ontario is alive and well.

Read the rest here:
REALTORS® URGE CANDIDATES TO STRENGTHEN HOME OWNERSHIP

  But majority of Ontarians concerned that home ownership will be more difficult in the future TORONTO, April 20 /CNW/ – The dream of home ownership is alive and well among Ontario renters, with 70 per cent reporting that they would like to buy at some point in the future, according to a poll released today by the Ontario Real Estate Association (OREA). However, the poll also revealed that 81 per cent of Ontarians believe it is more difficult to own a home now than it was for their parents, and 89 per cent of Ontarians in general are concerned that home ownership will become even more difficult in the future.

More:
Dream of home ownership alive and well in Ontario

Hwy 407 RAMP it up! campaign continues to drive forward Oshawa Mayor’s road tour takes him to Markham on Tuesday, February 8 OSHAWA – The City of Oshawa’s RAMP it up! Hwy 407 East Extension campaign continues to drive forward. Week three begins with Oshawa Mayor John Henry visiting the Town of Markham on Tuesday, February 8 to ask municipal Council to support the expedited construction of the Hwy 407 East in one continuous phase from Brock Road in Pickering to Hwy 35/115

Read the original:
Hwy 407 RAMP it up! Campaign continues to drive forward!

DURHAM REGION, JUNE 11, 2010 – Starting July 1, 2010 Ontarians can expect to pay a harmonized sales tax (HST) rate of 13% on a long list of goods and services that were previously exempt from the 8% Provincial Sales Tax (PST). “While the impact of the tax will be felt by all Ontarians, the province’s 3 million homeowners and the thousands who buy and sell a home every year will be hit particularly hard by this latest tax.” commented Dierdre Mullen, President of the Durham Region Association of REALTORS®. “As real estate professionals, REALTORS® know how important the dream of homeownership is to Ontario families.

Here is the original post:
HST Affects the Affordability of Home Ownership

OTTAWA – June 2, 2010 – The Canadian Real Estate Association (CREA) has lowered its forecast for home sales via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations. The revision reflects a weaker than expected start to the year in British Columbia, and recent developments that pulled forward the timing as to when sales are expected to ease in other provinces. CREA’s previous national forecast was heavily influenced by British Columbia and Ontario forecast trends, and this remains the case in the revised forecast

See the original post here:
Resale housing forecast revised

OTTAWA – February 8, 2010 – The Canadian Real Estate Association has revised its forecast for home sales via the MLS® Systems of Canadian real estate boards in 2010, and extended the forecast to 2011. With Canadian economic growth rebounding from the recession, the unusually severe decline in sales activity in early 2009 is not expected to recur in 2010.  Annual activity in 2010 is forecast to be well above the previous year’s level as a result.

Read the rest here:
Resale housing forecast extended to 2011