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Tag Archives: affordable housing

Ontario introduces a new tax on foreign real estate investors

On April 20, 2017, The Ontario government introduced the Fair Housing Plan that includes 16 housing affordability measures for homebuyers and renters after two consecutive years of double-digit gains in the housing market that made the average house prices in the Toronto region reach $916,567 in March 2017, up 33.2 per cent from a year earlier.

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