GTA Market Update

The real estate market in the Greater Toronto Area (GTA) is experiencing positive trends. Here’s a breakdown of the key points: Sales Increase: An increase in sales indicates a healthy demand for properties in the GTA. This could be due to various factors such as economic growth, low-interest rates, or pent up demand. Tightened Inventory: […]

CRA cracking down on PRE abuse

CRA cracking down on abuse of principal residence exemptions, but their assessments aren’t written in stone Jamie Golombek: If it’s determined that you’re regularly buying and selling homes, you can be denied the PRE There are very few things that are tax-free: investment income in your TFSA, lottery and casino winnings, purchasing six or more […]