Tag: but

Homes in Toronto: prices stable, but the market is at a standstill

 

TORONTO – The average price of a home in Toronto has remained virtually unchanged over the past two months: the market seemed to be on standby, due to a sharp drop in new listings. In fact, the latest data from the Toronto Region Real Estate Board (TRREB) shows that the average sale price across all property types was $ 1,089,428 in October, up from $ 1,086,762 in September. Prices remain down 5.7% from the same period last year, while October is the third consecutive month with little or no change in TRREB’s benchmark index. 

Ontario, more homes for everyone: but who will pay for the services?

TORONTO – The municipalities of Ontario fear that the new housing legislation adopted by the Province could unload excessive burdens on the municipalities themselves and on taxpayers. The bill presented Tuesday by Ontario Minister of Municipal Affairs and Housing, Steve Clark, would, in fact, reduce and / or exempt from taxes that builders would have to pay in order to build. 

Canada: inflation falls, but prices rise

TORONTO – The annual inflation rate falls, but that’s not good news as food prices continue to rise. This is what emerges from the latest report on the consumer price index by Statistics Canada, which shows that inflation fell slightly, in September, to 6.9 per cent (from 7% in August), but it is solely due to the drop in the price of gas, which fell by 7.4% in September.