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RE/MAX 2023 Canadian Housing Market Outlook Report

Canadian Housing Market Shifting into Balance in 2023

Amid rising interest rates, and a looming recession, RE/MAX Canada is anticipating a modest decline of 3.3 per cent in average residential sales prices across the country in 2023.

The estimates are...

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New Toronto Vacant Home Tax

An annual tax will be levied on vacant Toronto residences, payable beginning in 2023.

A property is considered vacant if it has been unoccupied for more than six months during the previous calendar year or is otherwise deemed to be vacant under the ...

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