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In March 2017, the cost of owning a single-family house in the Greater Toronto Area had grown 33% in 12 months. [23] In response to these trends, the provincial and federal governments attempted to slow the growth of the real estate market and gradually bring down prices, to aid first-time home buyers in a way that would cause the bubble to shrink slowly rather than burst.
The Toronto Regional Real Estate Board ( TRREB ), formerly the Toronto Real Estate Board ( TREB ), is a non-profit professional association of registered real estate brokers and salespeople in and about the Greater Toronto Area. [ 1] TRREB's Toronto office is located at 1400 Don Mills Road. [ 2]
RioCan Elgin Mills Crossing in October 2020. RioCan Real Estate Investment Trust is the second-largest real estate investment trust (REIT) in Canada. [2] As of 2024, it has an enterprise value of approximately $14.3 billion and owns 188 properties with a net leasable area of 33 million square feet. [3] The company properties are located across ...
Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
Choice Properties Real Estate Investment Trust, commonly referred to as Choice Properties, is a Canadian unincorporated, open-ended real estate investment trust (REIT) based in Toronto, Ontario. It is the largest real estate investment trust in Canada, with an enterprise value of $16 billion. [ 1] It mainly owns Canadian retail properties ...
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Goods and services tax ( GST )/ harmonized sales tax ( HST ), a value-added tax levied by the federal government. The GST applies nationally. The HST includes the provincial portion of the sales tax but is administered by the Canada Revenue Agency (CRA) and is applied under the same legislation as the GST. The HST is in effect in Ontario, New ...
Royal LePage is a Canadian real estate franchiser and owner-operator with more than 670 locations and over 20,000 realtors in Canada. [1] The company was founded on July 2, 1913 in Toronto, Canada by then 26-year-old Albert Edward (A.E.) LePage, under the name "A.E. LePage, Bungalow Specialist." In 1984, the company was renamed Royal LePage ...
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