#5 After considering all we’ve said about TREB residential New Listings, Inventory, Prices and Sales … Here’s the summary

The 6-8 Waves of Mortgage-qualifying tightening, the CRA cracking down on Principal Residence Exemption abuses and HST& Income Tax avoidances/evasions, the imposition of universal Rent Controls, the new Ontario Land Transfer rules & regs for Declaration of Intentions upon Purchase, the Foreign Buyer Speculation Tax,  all the talking-down of officials about future increased Interest rates,…

If prices get too high …maybe we can unbundle ownership and sell “interests” in land …. ponder “% tenant-in-common interests” & this “usufruct” article

Excerpt: “The usufruct arrangement: the naked owner owns the property itself, while the usufructuary owns the usufruct rights The usufruct arrangement consists of the usufructuary, who owns the usufruct rights, and the naked owner, who owns the property subject to the usufruct. As mentioned above, the usufructuary does not gain any ownership interest in the…

‘Summer 2017’ Realty Results from Teranet

http://a11576.actonservice.com/acton/rif/11576/s-0071-1711/-/l-000f:294a/l-000f/showPreparedMessage?sid=TV2:eLAMJydmg In October (using Registered sales, arranged 2-4 months earlier) the composite index was up 10.0% from a year earlier, the smallest 12-month rise since June 2016. It was the third consecutive deceleration from the record 12-month gains of 14.2% in both June and July. The October 12-month rise was led by Toronto (13.4%), Hamilton…