‘Toronto Housing’ Archives
HST – What is taxable now that wasn’t before?
Just a reminder that HST deadline is fast approaching. It is definitely not a joyful occasion since we would all have to pay more taxes. At least you have an opportunity to make some savings before the deadline, which is July 1, 2010. For that, you will need to examine the table to come up with your shopping list. The extra taxes should help pay [...]
Toronto’s Future
Over the next decade we will likely see some major changes in our city and that is evident by the available stats. The graph below shows the age characteristic of the population of Toronto. You notice there is a major spike in the number of people who are between 45-50. These are the baby boomer's who are fast approaching retirement. The [...]
Data on Toronto Neighbourhoods
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House Price Changes Across Toronto Between 2008 and 2009
Toronto House Price Changes From 2008-2009 Largest House Price Changes From 2009-2009 Largest House Price Losses in Toronto Between 2008-2009
Baby Boomer & Oil Impact on Toronto Real Estate
Toronto population is projected to grow to 7.45 million by 2031 and at the same time it is aging more quickly than at any time in the past. This includes the working-age population as the Baby Boom generation ages. The outer regions of the GTA will continue to experience rapid growh as young families conintue to flock to the abundant new housing [...]
Greece Collapse Impacts Toronto Housing
Image via WikipediaIn the past few weeks we have heard a lot of news on uncertainty on Greece's economic future. The government owes about $400B whilst the country's GDP is only $339B. So the public debt is 125% of the GDP. IMF and EU Central banks are now working on a rescue plan that is a tough pill for the country. Majority of the funding [...]
Affordable Housing in Toronto / GTA
As we all know the housing market has been hot for a number of years now. The average GTA houses are now around $440k; $477k in Toronto and 408k in surrounding areas. So where can you find reasonably priced housing that is ideal for first time buyers. Currently the cheapest prices are in the the east end of the GTA with Oshawa being the most [...]
