Canadian Housing Market Shows Signs of Stabilization

Canadian Housing Market Shows Signs of StabilizationThere were signs of stabilization in the housing market as prices continued to climb in January, while total sales fell from a year before, according to the Canadian Real Estate Association. The average national sale price of a home rose two per cent from January 2012 to $354,754 last month, while the number of homes sold in January declined 5.2 per cent from a year earlier. CREA says that’s due…

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HST Arrives in Ontario

HST Arrives in OntarioWell, actually it doesn’t start until July 1st, 2010 but knowing about this new tax is just as important as its announcement.  The HST tax, or Harmonized Sales Tax (combining the GST & PST together into one tax) is Ontario’s answer to the mess of the having these two separate taxes for so long. Complaints have already begun about how our costs will be going up. For some people it…

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