Durham Region Real Estate Blog

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Oshawa Real Estate September 2016

 

Oshawa's residential real estate market seems to have forgotten that fall has arrived.  Sales and prices normally tail off this time of year, but Oshawa is continuing to dominate the Durham Region and GTA with an average 32.9% annual selling price gain in September 2016. The Toronto Real Estate Board's (TREB) latest market statistics...

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Foreign Real Estate Sales Plummet


The new Foreign Buyer property tax that was introduced for the Greater Vancouver Area on August 2 has created a virtual end to foreign purchases there.


What is the Foreign Buyer Tax?


The 15% tax is levied on foreign nationals, corporations or taxable trustees, and is on top of the BC Property Transfer Tax (PTT), and applies to property in the Greater...

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Property Tax Toronto

What is the Foreign Buyer Tax?


Vancouver recently introduced a 15% land transfer tax on foreign owners in an attempt to cool the ultra-hot real estate market there. It may also be coming to the Ontario market soon, according to a leading CIBC economist.


The tax is levied on foreign nationals, corporations or taxable trustees, and is on top of the BC...

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Whitby Real Estate Sales

 

Whitby's residential real estate market showed a lighter than average gain in August 2016 with an average price gain of 9.5% over August of last year. The Toronto Real Estate Board's (TREB) latest market stats put the average property selling at $569,190 - up from last year's 520,013.


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The average selling price of homes in...

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Clarington Real Estate Sales August 2016

 

Clarington was Durham's best performing market in August 2016 with an average residential price gain of 28.2% over August of last year. The Toronto Real Estate Board's (TREB) latest market stats put the average property selling at $502,449 - substantially up from last year's 391,926.


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The average selling price of homes in the GTA this...

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Oshawa Real Estate July 2016

 

Oshawa's residential real estate market is continuing to dominate the Durham Region and GTA with an average 27.1% annual selling price gain in August, 2016. The Toronto Real Estate Board's (TREB) latest market statistics show the average property at $460,860 - up from last year's 362,674.


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Oshawa led Durham Region in Selling Price to List...

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