Federal Budget 2022 How does the new Canadian Federal Budget in 2022 affect real estate in Toronto?
Join Lawrence as we discuss Federal Budget as it pertains to real estate.
If you’re an investor, you probably want to know the new changes that are coming up on January 1, 2023.
Highlights include:
Tax-Free Home Savings Account Housing Accelerator Fund Ban on Foreign Buyers Anti-Flipping Laws Home Buyers’ Bill of Rights
If you have any questions about Toronto real estate, please call or text Lawrence at (416) 276-4895.
Lawrence Mak Real Estate Broker EXP Realty, Brokerage
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In June 2024, the average home sold for $1,162,167.
This is down -0.30% from last month and down -1.7% from last year.
There were 6,213 sales in June which is -16.37% lower than in 2023.
In May 2024, the average home sold for $1,165,691.
This is up +0.8% from last month and down -2.5% from last year.
There were 7,013 sales in May which is -21.73% lower than in 2023.