property

Federal Budget 2021

Federal Budget 2021 What does it mean for Homebuyers & Sellers? By Riti Mangat Finance Minister Chrystia Freeland announced on Monday- the federal government’s plans to implement a national, annual one percent tax on the value of non-resident, non-Canadian owned residential real estate. This annual tax is only being considered for vacant or underused properties …

Federal Budget 2021 Read More »

Should I buy a condo now or wait till covid-19 settles down?

Should I buy a condo now or wait till covid-19 settles down? Following the Smart money By Riti Mangat Centrecourts Urban Development’s VP of Sales and Marketing Jason Lam coined the term “Follow the Smart Money”- but what does it mean? During the worst part of the pandemic in 2020, Lam predicted 2021 would be …

Should I buy a condo now or wait till covid-19 settles down? Read More »

Luxury Condo Market Soars, While Single-Detached Luxury Home Sales Fall Short

Luxury Condo Market Soars, While Single-Detached Luxury Home Sales Fall Short Toronto and Vancouver luxury condo market bolstered by local buyers, downsizing retirees and Millennials Single-detached luxury homes sales in the $3+ million range in Toronto and Vancouver drop by 44% and 45% Sales of single-detached homes priced $1-2 million have declined in Toronto and Vancouver, …

Luxury Condo Market Soars, While Single-Detached Luxury Home Sales Fall Short Read More »