Jacqueline Tai, Sales Representative 416-219-6066
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In The News


All Reports are Courtesy of:

and can be found at www.remax-oa.com


 
Balance returns to recreational property markets across Canada this year, says RE/MAX
Mississauga, ON (June 10, 2008) -- After an extended period of extraordinary growth, more balanced market conditions have emerged in recreational property markets across the country, according to a report released today by RE/MAX.  Full report details at www.remax-oa.com!

Residential real estate markets across Canada post solid gains over past decade, says RE/MAX
(February 21, 2008) - Pent-up demand, population growth, tight inventory levels, and the longest economic expansion since World War II collectively fueled one of the best decades on record for residential real estate in Canada, according to a report released today by RE/MAX.  Full report details at
www.remax-oa.com!

Condominium appreciation outpaces single-detached housing values in key GTA districts in 2007, says RE/MAX
Mississauga, Ontario (January 23, 2008) – Condominiums experienced unprecedented upward pressure on average price in 2007, surpassing gains reported in the single-detached category for the first time in key GTA districts, including the central core and west end.  Full report details at
www.remax-oa.com!

 

 



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Announcements


Province Expands Provincial Land Transfer Tax Rebate

December 13, 2007 -- The provincial government has announced that it is expanding the PROVINCIAL land transfer tax rebate for first-time buyers to include re-sale housing, something which REALTORS® have lobbied for.

Details

First-time buyers of BOTH re-sale, and newly constructed homes, will be eligible for a rebate of the provincial land transfer tax of up to $2,000.

Effective for first-time buyers who enter into Agreements of Purchase and Sale AFTER December 13, 2007.

This change is being implemented by provincial legislation introduced on December 13, 2007. The Ministry of Finance has indicated that, until the legislation is passed, first-time buyers of re-sale properties eligible for the rebate can submit their applications for the refund and they will be processed once the legislation has passed. It is not known when the legislation will be passed. Buyers can consult with their lawyers if they have concerns.

The provincial land transfer tax rebate applies in all Ontario municipalities. In Toronto, the provincial rebate is in addition to City rebates of the Toronto Land Transfer Tax.

Further information is available by calling:

Ministry of Finance

905-433-6361

1-800-263-7965

 

        HAPPY CANADA DAY !

O Canada!
Our home and native land!
True patriot love in all thy sons command.
With glowing hearts we see thee rise,
The True North strong and free!
From far and wide, O Canada,
We stand on guard for thee.
God keep our land glorious and free!
O Canada, we stand on guard for thee.
O Canada, we stand on guard for thee.

Ô Canada!
Terre de nos aïeux,
Ton front est ceint de fleurons glorieux!
Car ton bras sait porter l'épée,
Il sait porter la croix!
Ton histoire est une épopée
Des plus brillants exploits.
Et ta valeur, de foi trempée,
Protégera nos foyers et nos droits;
Protégera nos foyers et nos droits.

 
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