| Real Estate News

The latest headlines in Toronto and Canadian real estate from September 23rd to September 29th.

This week’s recap:


Toronto Real Estate Board urges caution over possible vacancy tax.

The Toronto Real Estate Board is urging the city to exercise caution regarding a possible vacant home tax.The board says it’s worried there is not enough data or evidence to support the idea that a vacancy tax would increase the supply of rental housing.

It urged the City of Toronto to take a measured approach to help to avoid any unintended consequences for the housing market and property owners.

View the full article on BNN here.


Toronto’s former Trump Tower launches rebranded luxury condos.

Altering the reputation of the luxury hotel-condominium once known as Trump Tower isn’t as simple as hanging a new sign.

But a re-branded and financially re-engineered foundation for the glass and granite skyscraper at Bay and Adelaide Sts. means the property is finally poised to move past its previous legal and financial troubles, says Jay Wolf, the Los Angeles-based president of JCF Capital.

View the full article on The Star here.


10 stats you should know about Toronto’s new housing market at the end of summer 2017.

Altering the reputation of the luxury hotel-condominium once known as Trump Tower isn’t as simple as hanging a new sign.

But a re-branded and financially re-engineered foundation for the glass and granite skyscraper at Bay and Adelaide Sts. means the property is finally poised to move past its previous legal and financial troubles, says Jay Wolf, the Los Angeles-based president of JCF Capital.

View the full article on BuzzBuzzHome here.


How much did Toronto Real Estate inventory *really* jump?.

Greater Toronto real estate inventory is piling up, but is it really as high as some people are making it seem? Numbers obtained from the Canadian Real Estate Association (CREA) show a massive build of inventory relative to last year. Crunching the numbers however, relative inventory is still low compared to historic trends. The question is, does that matter?

View the full article on Better Dwelling here.


Are you thinking of moving but not sure where to start? Do you have real estate questions and need answers? Call us at #416-291-7372 or email us at hello@christinecowern.com anytime. We’d love to help!

Header image via The Star.

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