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2365 Kennedy Rd. M1P 5E4 Toronto, ON, Canada

Its getting higher and Higher

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Market plateau, but still seller's game The market has "pretty much plateaued" right now, said Pasalis (president of Realosophy Realty Inc.,), who added that he has seen a decline in demand and sales. While the housing market tends to pick up in the fall, he doesn't expect a rapid spike in housing prices.... But it is still a seller's market in the GTA, he said. The housing market tends to be slowest during the summer and winter, said real estate broker Andrew Ipekian, and strongest in the fall and spring. "In the next two weeks you're going to find the amount of listings on the market, they're going to double and triple in size," said Ipekian. "You're going to have all kinds of choice, because all the buyers are back." But Ipekian said the market is much more stable now than last year, when many homes were selling very quickly and for well over the asking price. "It's much more sustainable now," he said. Source CBC News Posted: Sep 02, 2018 10:41 AM ET

First-Time Home Buyers" Tax Credit First-time home buyers may be eligible for a 15 percent income tax credit for closing costs.First-Time Home Buyers" Tax Credit First-time home buyers may be eligible for a 15 percent income tax credit for closing costs.