Tag: Ontario housing market

Ontario House Market Meet Demand An Ontario buyer's market is when there is a greater house needed to meet the demand than are available for sale. This creates fierce competition among buyers who want to buy from a small inventory of homes. The Ontario housing market is cyclical, however. The term buyers' market is not the same as a seller's market. There are more homes available for sale than buyers. In contrast to a buyer's marketplace, the market is hot and moves fast and therefore you will need to act quickly. If you are in the position to seriously, think about purchasing your very first property. Congratulations! I am sure you are aware of the benefits first-time buyers can take advantage of in Ontario However, here an outline of what they are. The land transfer tax is the tax...