Subject: Friend, here's the latest on the Real Estate market

Latest news on GTA Real Estate market 
 
Potential Municipal Land Transfer Tax Hike Could Reduce Supply and Affordability of Modest Toronto Homes
The Toronto Regional Real Estate Board (TRREB) is raising concerns about the potential for City Council to increase the Municipal Land Transfer Tax (MLTT) when it meets next week to approve the City’s 2021 Budget.  Read article
 
Latest Sales Update
The average selling price for January 2021 was up by 15.5 per cent to $967,885 year-over-year. The MLS® HPI Composite Benchmark was up by 11.9 per cent over the same period.  Read more


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