Durham Region Real Estate Blog - John Owen

Toronto city council voted to adopt a new land transfer tax on properties selling for 3 million dollars and higher at a special session on Wednesday, September 6.

The new tax is set to start being taken starting January 1, 2024.

The new tax adds a further...

Last update Sep 6, 2023, at 11:15 a.m.

The real estate market in Durham Region is starting September with conditions that still favour sellers in most (but not all) price points and locations, even though there are signs that the market has relaxed. Inventory...

Last update August 3 2023, at 11:10 am

July has come and gone, and the real estate market in Durham Region showed a seasonal drop in sales volume, an increase in inventory and a dip in sales prices. The pace of sales weren’t strong enough to keep pace with...

Last update July 7 2023, at 10:30 am

The last month of the spring real estate market in Durham Region gave hope for buyers as inventory levels jumped and volumes tapered off. Buyer demand continued to be a factor, as the pace of sales were strong enough...