Tuesday, December 19, 2017

Real Estate Insider: December 2017 News Report





Looking to buy, sell, rent, upgrade, or even change cities? Here's 13 topics you need to read to stay in the loop!


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Are you renting out a room or level of your Primary Residence? Read this article to find out if you are still entitled to the Capital Gains Tax Exemption. >>

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“Think Canadians couldn’t abandon their mortgages like Americans did in 2008? Think again” >>

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Ready to go Net-Zero? Read the simple steps to take to make your current home produce enough energy to run itself! >>

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BC to ban Duel-Agency in order to increase consumer protection, and could possibly be the first of many provinces to do so. >>

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Looking to buy a house for a bargain? Look in January! Looking to sell your house? Don’t list it in January! The statistics don’t lie; find out why January is the best time for bargain hunters to buy a house. >>

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There are new rules when Buying or Selling a house with a Tenant. Be sure to keep up to date so you stay protected! Reading this article is a good start! >>

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The rapid increase in housing prices has pushed CREA to try and change RRSP rules, to allow parents to take out money for their children’s down payment. Ultimately decreasing debt and increasing buying power for first-time buyers. But whom are they really trying to help? Read more here. >>

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New Federal Court ruling may force Toronto Real Estate Board (TREB) to make more information available to the public. This in turn could increase competition and possibly lower prices, so why is TREB fighting so hard to appeal it? Read here. >>

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With interest rate hikes looming in the near future, learn what it could possibly do with respect to mortgages, housing prices, demand, and more. >>

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Breakups can be tough, especially when you two have a house or condo together. Read this article for advice on how to property split your assets after a big split. >>

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The Bank of Canada announces that it left its rate locked at 1%, however points to many recent positives that could support higher rates in the near future. >>

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A By-Law requiring rental housing to be licensed has been blocked by Mayor Drew Dilkens, however many people are calling for change as the sub-standard housing rental market is become dangerous and in some cases, fatal. Read more about the pros and cons of the proposed by-law here. >>

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Even after the recent housing price surge in Windsor, we are still the cheapest place to own a home in Canada! Read the staggering difference in prices around Canada here. >>


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