The City of Vaughan has taken a groundbreaking step toward addressing housing affordability by significantly lowering development charges, a critical cost in home construction. The new rates, effective November 19, 2024, represent a 47% reduction for low-rise residential developments, dropping from $94,466 to $50,193 per unit. This move, championed by Mayor Del Duca, has been commended by the Toronto...
The GTA housing market in October 2024 continues to show resilience and balance, according to the latest TRREB report. This update provides insights on MLS® sales, new listings, and average prices, helping buyers, sellers, and investors stay informed about the Greater Toronto Area's real estate landscape. 1. GTA Housing Market Sales Trends in October 2024 October 2024 MLS® sales show seasonal...
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