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Families and individuals living in the Greater Toronto Area (GTA) pay some of the highest taxes on the purchase of a home in North America. In Toronto, buyers can expect a double land transfer tax, development charges and sales taxes, totalling over $200,000 in taxes and fees on the average priced home. Cutting taxes for…
Despite the Bank of Canada rate cut at the beginning of last month, many buyers kept their home purchase decisions on hold. TRREB’s Chief Market Analyst Jason Mercer breaks down the numbers every month in the must-see Market Watch Minute.
Stay up to date with the latest market stats for the Greater Toronto Area.