SP Singh

with condo sales slumping and listings soaring in the GTA, here are some possible policy options to revive the market

As the Greater Toronto Area (GTA) experiences a significant drop in condo sales and an influx of new listings, policymakers need to explore various innovative strategies to stimulate the market and restore balance. Tax Incentives for First Time Home Buyers and land transfer tax refunds were introduced on Dec 14 , 2007, with a totalContinue reading “with condo sales slumping and listings soaring in the GTA, here are some possible policy options to revive the market”

sharp spike in Ontario developer receiverships puts housing market at risk

Recent market data showed a sharp spike in Ontario developer bankruptcies compared to recent years with 27 developers going into receivership since the start of this year compared to only 18 last year. This raises significant concerns about the stability of the housing market, jeopardizing hundreds of housing units and leaving many buyers in seeminglyContinue reading “sharp spike in Ontario developer receiverships puts housing market at risk”