Mississauga Land Transfer Tax

In Ontario and subsequentially in Mississauga, at the moment of writing this posting Mississauga is still part of Ontario, the Land Transfer tax is based on a law since 1989. Sounds like a plan, a very realistic way of taxing the land transfer considering that not much has been changed in real estate in the [...]

November 1st, 2009 | Tags: , , | Category: Real Estate | Leave a comment

Housing Market

I hear the delusional CREA announcing that Canada’s housing market shows recovery signs.
And here we go again. Lets pump up that housing bubble again and the problems will go away, ya right.
Housing prices are way too high.
Haven’t we learned anything from what happened in the US or do we all have short term memory only.

Why [...]

August 17th, 2009 | Tags: , , | Category: Real Estate | Leave a comment

Real Estate Stats

According to CREA (http://www.crea.ca/public/news_stats/statistics.htm), medium sales @2009 price in Ontario is $306.066 compare with 311.065 in 2008.
Nice try, anything decent in Mississauga and around is in the $400,000+ range, and even those need work.
Those reported price decreases look great on paper, but doesn’t seem to reflect the reality.
Talking about reality, you should at least think [...]

July 16th, 2009 | Tags: , | Category: Real Estate | Leave a comment