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From The Star - Is an Apple store coming to Yonge and Bloor? Doesn't seem like a lot of new info though.

And an update to today's earlier post: CBC - Appeal court upholds ruling ordering real estate agents to make home sale data public "The Federal Court of Appeal has upheld a lower court decision ordering the largest real estate group in the country to make detailed financial information about...

From BNN - Top court to decide whether TREB must share home sales data online "The Federal Court of Appeal is set to decide today whether Canada's largest real estate board must open up access to home sales data to its realtor members, which it could then share with the public online."...

From The Star - Yonge Street will become more pedestrian-friendly — whether or not drivers like it: Hume

Allied and RioCan to Acquire Diamond Corp.'s Interest in Commercial Component of The Well "Allied Properties REIT (TSX:AP.UN) and RioCan REIT (TSX:REI.UN) today announced that they have entered into a binding agreement to acquire Diamond Corp.'s undivided 20% interest in the office and retail...

RioCan REIT Provides Update on ePlace, Its Landmark Mixed-Use Transit Oriented Development in Midtown Toronto https://web.tmxmoney.com/article.php?newsid=5217878711401281&qm_symbol=REI.UN Not sure how much of this is already known, but some interesting updates in the article... "RioCan has...

Tallest Canada Condo Tower Secures Mortgage https://www.bloomberg.com/news/articles/2017-08-23/tallest-canada-condo-tower-gets-backing-from-lender-firm-capital

Wynne to slap 15 per cent tax on foreign real estate speculators https://www.thestar.com/news/queenspark/2017/04/20/wynne-to-slap-15-per-cent-tax-on-foreign-real-estate-speculators.html I haven't gone through all the details, but... "the levy would apply to home purchasers in the so-called...

Ontario to start collecting citizenship data on real estate buyers http://www.theglobeandmail.com/real-estate/the-market/ontario-to-start-collecting-citizenship-data-on-real-estate-buyers/article34748588/ It's frustrating that it took so long to implement such basic data collection. This should...

Toronto lawyer sentenced to 3.5 years in prison... https://www.thestar.com/news/crime/2017/02/23/toronto-lawyer-sentenced-to-35-years-in-prison-over-2m-condo-fraud-case.html

Ministry of Finance Tax Information Sheet can be found here. The tax begins August 2, 2016 and applies to: Anmore, Belcarra, Bowen Island, Burnaby, Coquitlam, Delta, Langley, Lion’s Bay, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, Surrey...

Agreed. 1-5% would be seen as a cost of doing business. 15% becomes material and provides incentive to place capital elsewhere, which is exactly what I think we'll start to see happening. However now that the ice has been broken on taxing foreign capital, I think it will be much easier for other...

I haven't had time to read through this, but.... B.C. introduces a 15 per cent additional real estate tax on foreign buyers https://www.thestar.com/business/2016/07/25/bc-to-introduce-a-15-per-cent-additional-real-estate-tax-on-foreign-buyers.html “The amendments include anti-avoidance rules...

Canada Revenue Agency launches Vancouver housing probe http://www.theglobeandmail.com/real-estate/vancouver/canada-revenue-agency-launches-vancouver-housing-probe/article30932513/ Just like ending self-regulation of BC real-estate, I doubt this will do much to help with cost pressures. However...

Foreign nationals account for 5% of Metro Vancouver home sales... http://theprovince.com/news/local-news/b-c-government-releases-foreign-home-ownership-info-collected-over-three-weeks This is only 3 weeks of data, but it's a start. It seems permanent residents are being included with citizens...

BC just announced they will no longer allow self-regulation in the real estate industry: http://www.theprovince.com/business/real-estate/christy+clark+shakes+real+estate+industry+with+more+self/12025721/story.html

Bank of Canada Total CPI: +1.5% y/y Bank of Canada Core CPI: +2.1% y/y Statistics Canada Average Hourly Wages (Full-time employment): +1.8% y/y Teranet National Composite (11) House Price Index: +8.98% y/y Teranet National Composite (6) House Price Index: +10.05% y/y Full time wage increases...

At this point, the housing issue has been acknowledged by some of the banks, the OECD, numerous politicians (including Trudeau), and many others. About the only one who won't say there is a problem, is Christy Clark. It will be interesting to see where this goes if there is political backing...