Jason Walker Real Estate in Toronto

New Law will Protect Consumers at Home February 23, 2018 10:00 A.M. Starting March 1, 2018, Ontario will ban unsolicited, door-to-door sales of certain household appliances to better protect consumers from aggressive and misleading contracting at home.  Businesses will only be able to enter into a contract in the consumer's home if the consumer has contacted the business ahead of time and invited them into their home for the purpose of entering into a contract. Contracts that are in violation of the new rules relating to door-to-door contract solicitation will be considered void, and consumers will be able to keep the goods and services with no obligations. The new rules will apply to: Air cleaners Air conditioners Air purifiers Duct cleaning services Furnaces Water filters Water heaters Water purifiers Water softeners Water treatment devices Bundles of these goods and services In addition, businesses will be required to keep a record of how contact w

February 6, 2018 – Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 4,019 residential transactions through TREB’s MLS® System in January 2018. This result was down by 22 per cent compared to a record 5,155 sales reported in January 2017. The number of new listings entered into TREB’s MLS® System amounted to 8,585 – a 17.4 per cent increase compared to 7,314 new listings entered in January 2017.  However, it is important to note that the level of new listings was the second lowest for the month of January in the past 10 years. “TREB released its outlook for 2018 on January 30th. The outlook pointed to a slower start to 2018, especially compared to the record-setting pace experienced a year ago. As we move through the year, expect the pace of home sales to pick up, as the psychological impact of the Fair Housing Plan starts to wane and home buyers find their footing relative to the new OSFI-mandated stress test for mortgage approval