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TREB launches campaign to halt proposed LTT increases

The Toronto Real Estate Board (TREB) recently launched a website to inform citizens on proposed changes to the city’s Land Transfer Tax (LTT).

Tracy MacCharles returns to condo file in cabinet post

Tracy MacCharles is returning to the condo file as Ontario’s minister of government and consumer services after a minor cabinet shuffle.

ACMO issues service alert about fob duplication

ACMO recently reported that it had become aware of third-party contractors in the GTA copying fobs for condominium owners without management authorization.

Four IBI Group projects receive awards in Q4

IBI Group, the sixth-largest architecture firm in the world, received industry awards in the fourth quarter of 2016 for four of its Canadian projects.

GTA home sales close 2016 at record high

GTA home sales reached record levels in 2016 for the second year in a row, with the strongest annual sales growth experienced by condominium apartments.

ICONA Condominiums to become Vaughan’s tallest tower

The Gupta Group has announced plans to launch ICONA Condominiums in Vaughan, Ont. The two-tower development will feature Vaughan's tallest tower.

Mixed-use plans for Golden Mile Shopping Centre

Plans for the Golden Mile Shopping Centre in Toronto will transform the site into a transit-oriented mixed use community.

Demand grows for detached homes in Ontario: study

According to new research from the OREA, half of Ontarians looking to buy a home within the next two years say they are looking for a detached house.

GTA home prices continue to climb as supply trends lower: BILD

The average prices for new single-family detached houses and high-rise condominium units in the GTA reached unprecedented levels in November, says BILD.

Condo manager licensing reg released for comment

The Ontario government’s plans to license condominium managers moved forward with the release last week of a general regulation for public review.

National average home price expected to dip in 2017

The Canadian Real Estate Association has updated its housing forecast for 2016 and 2017, although trends have evolved mostly as predicted in September.

Fortress receives OMB approval for two project proposals

The Ontario Municipal Board (OMB) has approved two future residential housing development proposals submitted by Fortress Real Developments (Fortress).

National home sales slow in November

Canadian home sales fell 5.3 per cent from October to November, according to statistics recently released by the Canadian Real Estate Association.

TREB hopes City Council halts proposed LTT increase

TREB wants Toronto City Council to stop a potential significant Land Transfer Tax, or LTT, increase, which is currently in the proposal stage.

SmartREIT to begin first residential project

SmartREIT and Mitchell Goldhar will soon begin their first high-rise residential project of approximately 700 units at SmartCentres Place in Vaughan, Ont.

Foreign ownership low in major urban centres: CMHC

The share of foreign ownership in condominium apartments located in Canada’s major urban centres remains low, according to a new CMHC report.

Syndicate mortgage lenders exit King Charlotte development

Building and Development Mortgages Canada has announced that lenders in a syndicate mortgage that funded Toronto’s King Charlotte condominium.