by Mahmud Naqvi | Jan 29, 2023 | In the News
Anxiety spikes over housing amid Canada’s plan to welcome 1.5M new citizens by 2027 A quarter of Canadians think prices will eventually fall. Here’s why that’s unlikely Rapidly cooling housing market helps to quell Canadian inflation What the Bank of...
by Mahmud Naqvi | Apr 4, 2014 | In the News
Toronto City Hall should be helping people to achieve the dream of home ownership. The Toronto Land Transfer Tax makes owning a home more difficult. That’s no way to build a great City. Torontonians are fair. Our taxes should be too. The Toronto Land Transfer Tax...
by Mahmud Naqvi | Feb 19, 2010 | In the News
Come April 19, new laws will kick in designed to cool down the housing market. This is one good move by the feds. Record low interest rates made it easy for many to purchase rather than rent. Indeed this has been a factor for a consistent multiple-offer situations....
by Mahmud Naqvi | Feb 4, 2010 | In the News
Its the media frenzy to some extent that assisted the current surge in home sales. While job growth and retail sales are steadily low, home sales are up like anything. Today’s Star article titled “Toronto existing home sales skyrocket 87 per cent” is...
by Mahmud Naqvi | Jan 28, 2010 | In the News
Heated housing activity throughout 2009 lends little air to bubble theory in the GTA, says RE/MAX. Single-detached housing values remain slightly off 2008 levels in 27 per cent of TREB districts. Despite limited inventory levels in the Greater Toronto Area (GTA) in...
by Mahmud Naqvi | Jan 27, 2010 | In the News
The provincial government has passed legislation to combine the eight percent Provincial Sales Tax with the five percent federal Goods and Services Tax, creating a 13 percent Harmonized Sales Tax (HST). The HST is NOT YET IN EFFECT. The HST will come into effect...
