March home sales hit record high, CREA says

“I understand that there is a political story around personal popularity but that’s actually beside the point for me,” Premier Kathleen Wynne said firmly. (Ed Clark chair of the Premier's Advisory Council on Government Assets

Calling them nasty names may not help.

However, the finance minister admitted there are no data to show how widespread "property scalping" is in Ontario.

In May 2016, the B.C. government put in place new rules that require real estate agents to draft offers that require the seller's consent to a contract transfer, and any resulting profit to be returned to the seller.

The province will unveil a package of measures created to address both supply and demand issues that have driven house prices up by 33 per cent in a year.

In the end, it may be voter anger that drives Sousa to act first, with the provincial Liberal government suffering in opinion polls and measures to address "affordability" already promised in his April 27 budget.

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Coach Peter DeBoer said that all of the players who missed the regular-season finale were dealing with day-to-day, nagging issues. Good news is the Sharks defense is deep and they have the edge in experience. "This isn't going to be a short series".

In a letter to Sousa and Tory earlier this month, Morneau wrote that he convened the meeting to give them an opportunity to discuss ways to make housing in the Greater Toronto Area affordable and accessible over the long term.

Tory said the three also discussed the possibility of a tax on vacant homes in order to discourage speculators form holding on to empty units.

"Almost the entire province of Ontario's housing market is now on fire, while most of the rest of the country wonders what all the fuss is about", Porter wrote in a research note.

"Not in any widespread way", said Christopher Wein, president of Great Gulf. "In the coming days, we will announce a suite of measures created to increase supply and address demand, making housing more affordable for people across Ontario".

"They are now facing a situation where the tax is something that exists in another hot real estate market", he said. But he vowed that all three levels of government will continue to coordinate their actions to try and come up with solutions that will restore some hope for residents who are desperately trying to stay in the city amid skyrocketing home prices and rent increases.

Russia, Google reach $7.8 million settlement on Android case
Google's Play Store is the largest app store on Android, but to put it on a phone, a manufacturer must abide by Google's terms. The Android home-screen search bar was at the center of a two-year dispute between Google and Russian Federation regulators.

"We don't allow a person to buy five or 10", he said.

Meanwhile, the cost of a detached home in Toronto roared to a new record high of nearly $1.6 million in March, a 33 per cent climb over prices previous year, according to the Toronto Real Estate Board (TREB).

Canada's home prices saw another double-digit rise in March as sales became more active, according to a report Tuesday by the Canadian Real Estate Association.

Policy-makers, think tanks and the Bank of Canada have issued repeated warnings that while concerns of an overheated housing market may be confined to the Toronto area, a correction could have repercussions for the national economy given the sheer scale of the city's real estate industry.

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