New homebuyers getting squeezed out of Toronto market as government fees on new builds skyrocket
Sunday May 27th, 2018
ShareNEW HOMEBUYERS GETTING SQUEEZED OUT OF TORONTO MARKET AS GOVERNMENT FEES ON NEW BUILDS SKYROCKET Matthew Yuyitung, Financial Post Image courtesty of: Pointman Government costs and charges on homes have gone up significantly since 2013, and account for nearly a quarter of the price of a new home in the Greater Toronto Area, according to a report published this week. The report, commissioned by the Building Industry and Land Development Association, showed average cost from... [read more]