Real estate

Determining property value for the PRE Fallback Image Decorative pattern

Tax News

Determining property value for the PRE

A reader writes: “In 2008, I sold my principal residence and now rent. I own a second residence that I occupy for six months each year, which, since 2008, has been my principal residence. What paperwork is needed to establish its value in 2008, which will be the base for when it is sold in […]

By Staff |October 28, 2016

2 min read

Foreign vs. domestic condo buyers: who’s more active in GTA? Fallback Image Decorative pattern

Economic Indicators

Foreign vs. domestic condo buyers: who’s more active in GTA?

Foreign purchasers of condos represented 5% of all sales that have occurred within projects currently active in the GTA, says survey.

By Staff |October 28, 2016

2 min read

Worried about principal residence exemption changes? Here are tips Fallback Image Decorative pattern

Industry

Worried about principal residence exemption changes? Here are tips

Families with more than one property will have to be more careful.

By Staff |October 25, 2016

1 min read

Homes of the future and how much they’ll cost Fallback Image Decorative pattern

Economic Indicators

Homes of the future and how much they’ll cost

In 50 years, the average home in Toronto will cost $4.4 million. That might sound crazy, but Toronto Life research makes the case.

By Staff, with files from The Canadian Press |October 21, 2016

2 min read