If permitted, the rise could add $500 to $1,000 or extra to the annual value of residents’ property taxes, writes personal finance columnist Rob Carrick. Given the $1.1-million common price of a home in the city, it’s easy to say Toronto residents can afford the proposed increase. But at a time when many householders are bracing for mortgage renewals at much greater charges, it’s not that simple.
Performance data might have modified for the explanation that time of publication. While sellers in many counties are more doubtless to slash asking prices and see their properties stay longer in the marketplace, purchaser demand and prices should remain regular and can stay a seller’s market or a impartial market. The majority of median sales costs across California decreased between 2022 and 2023.
The main growth project in Vancouver’s downtown peninsula went into receivership after Bank of Montreal filed a petition saying it’s …