According to this CBC Article, a real estate scam is becoming more common in Canada that uses clone websites to copy legitimate listings. The article tells the story of one woman in Ottawa who had listed her condo on several real estate websites and classifieds for $260,000, only to find the same condo with her own.. read more →

In response to published reports that the City’s Budget Committee is considering eliminating the Land Transfer Tax on the first $200,000 of a property but also the rebate for Toronto first-time buyers on the first $400,000 of a property, the Toronto Real Estate Board has issued a press release raising concerns over having first-time buyers.. read more →

Ontario’s Ministry of Energy recently launched a new online resource that’s helpful in getting up to speed on how you can save energy (and money) in your home – it’s worth investing a few minutes to look at: emPOWERme: http://www.energy.gov.on.ca/en/empowerme/ There was also a recent article in the Toronto Star outlining preliminary details on a.. read more →

TREB – Greater Toronto Area REALTORS® reported 6,391 residential sales through the TorontoMLS system in November, representing a 13.9 per cent increase over the sales result for November 2012. Over the same period, new listings on TorontoMLS were down by 4.4 per cent and month-end active listings were down by 12.1 per cent. “Growth in sales.. read more →