Share The Ontario Real Estate Association (OREA) says the provincial government’s plan to harmonize the GST and PST will add over $2,000 to the cost of a real estate transaction, hurting the resale home market and prolonging the housing industry’s recovery from the current economic downturn. “Now is not the time to be erecting barriers [...]
Share What exactly constitutes a home inspection, and what does a home inspector look for? A home inspection is not a pass or fail “test;” it is also not an appraiser inspection to determine property value. It is not a building code inspection to check for compliance. A home inspection is a visual examination of [...]
Share Canadian housing starts fell 19.9 per cent in April from March, returning to a downward trend that began last year, largely on a sharp drop in construction of condos. Housing starts dropped to a seasonally adjusted annualized rate of 117,400 units from a revised 146,500 units in March, Canada Mortgage and Housing Corp. said. [...]
