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Damages Beyond Real Estate - Capital Gain Tax Change
Last week I gave my 3 predictions on what to expect after the change of inclusion rate for capital gains by the Federal government...
2024 Federal Budget - Capital Gain Tax Increase!
Every year around this time, the Federal Government comes out with a new year budget. We all pay attention to see if the new year budget...
UNEXPECTED Vacant Home Tax Bill: 150,000 People in Toronto Received a Vacant Home Tax Bill
“Dan, I just received an $8,000 bill for vacant home tax! What the heck is going on?” “Did you file your vacant home tax declaration?”...
2024 1st Quarter Toronto Real Estate Market Update
Is the Toronto real estate market really recovering? It was hard to tell when we only had one or two months of data. Now that we are done...
NEW Renters Bill of Rights - Bad News for Landlords?
According to the 2021 census, roughly 33% of Canadians are renters. What about the age group from 15 to 29? The percentage of renters...
Landlords Beware! CondoWong's Bad Reputation from Agents and Tenants in Toronto
A few days ago, we received some interesting phone calls from fellow agents. They said there is a rumor going around the City of Toronto...
How Buyers, Sellers & Agents Adapt to Toronto Housing Market Changes in 2024
We are now entering the spring market! Historically, spring is a very busy time in Toronto real estate. The weather is much warmer and...
How to Assign a Condo Unit FAST - Don't Walk Away Until You Watch This!
At the very beginning of 2023, I published this video in response to news headlines saying “Record Number of Condos to Flood Toronto...
New Trend in Toronto Housing Market 2024
This past week, the Toronto Real Estate Board released the February statistics and the Bank of Canada announced its interest rate...
Why Rate Cuts Won't Help Canada's Inflation
The breaking news for this week is definitely the surprising inflation rate for the first month of 2024. Canada’s inflation rate tumbles...
Real Estate Market Comparison: Calgary vs. Vancouver vs. Toronto
Last week, RBC released a report saying that we are seeing early signs of a housing market upturn across Canada. I’m going to make things...
Toronto Real Estate Market Recovery - Too Fast, Too Soon?
At the very beginning of this year, I shared with you that I could feel a very strong momentum coming from end users and 2024 would be...
Is the 35% Cut on International Students in Canada going to Crash the Toronto Rental Market?
Last week, we talked about the potential 10.5% increase in property tax in the City of Toronto. This week, it’s the Federal government’s...
Toronto Property Tax Increase - 3 Things You Haven't Heard About
We are only a few weeks into 2024 and one major side effect of a slow real estate market is showing up and causing a lot of debates. You...
3 Toronto Real Estate Market Predictions for 2024
What do I think about the Toronto real estate market? Here are my top 3 predictions. Prediction #1 Out of the Bottom We’ll start with...
How Many Ontario Cities Met the More Homes Built Faster Targets in 2023?
On October 25, 2022, the Ontario government introduced the More Homes Built Faster Act. How many municipalities met the 80% target?
Can Developer Jack Up Your Price After You Bought?
Q1: What's the buyer's options for the deposit if the project is delayed for years?
Q2: Can developer jack up your price after you bought?
Buyer's Market vs Housing Supply in the Toronto Housing Market
Many people thought that a buyer's market is equivalent to an oversupply in housing. This article explains why it is a myth.
Interest Rate vs Inflation: When Can We Expect a Rate Cut?
We had a surprise drop in the September inflation rate to 3.8%. Were you expecting to see a downward trend? The October inflation rate...
Buyer Beware: Risks Exposed in Pre-Construction Deposits - Vandyk's Financial Struggles
Just a few weeks ago, we talked about the iconic project The One at Yonge & Bloor being placed into receivership with $1.6 billion...
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