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$100 million from the Ontario Green Investment Fund to provide rebates for home owners.

Tuesday Jul 12th, 2016

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The Government of Ontario announced the creation of a new program to help Ontarians improve the energy efficiency of their homes. The province is investing $100 million from the Ontario Green Investment Fund to provide rebates for home owners who conduct an energy audit on their property and then complete retrofits recommended by the auditor. "Today's announcement is good news for Ontario home owners," said Patricia Verge, president of the Ontario Real Estate Association (OREA)... [read more]

Do Real Estate Bubbles Exist?

Tuesday Jul 12th, 2016

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Bubbles are always easy to call after the fact, but things are far less clear when you’re in one. The fact that leading economists can’t even agree on whether real estate bubbles exist makes things even more challenging for the average home buyer who’s trying to make sense of the market. The two competing views on real estate bubbles are by Nobel Laureates Eugene Fama and Robert Shiller – who somewhat ironically won the Nobel Prize for economics in the same... [read more]

Toronto house hunters jumping. in to the market early in 2016

Tuesday Jul 12th, 2016

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Bosley Real Estate Ltd. agent David Fleming was optimistic last week that his clients had a good chance of surpassing rival bidders for a semi-detached house on Monarch Park Avenue in Toronto’s east end. To his surprise, Mr. Fleming was in a contest with 23 other contenders that night. The start of a new year typically lends a slight edge to buyers in the city’s hyper-competitive real estate market because fewer challengers are out and about. But house hunters in the Greater... [read more]

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