Toronto Land Transfer TaxSome may not know this - Toronto is bringing in a new Land Transfer Tax in January that will go on top of the existing provincial tax. This is pretty significant and may cause a bit of a sales rush in Q4 to beat the tax and then a lull next year. This is more significant for ETC which does most of its business in the GTA but HCG also does a fair amount in Toronto. Hopefully, it just causes people to pick the suburbs instead of Toronto and there is no real downside to the overall market (just noticed my three letter code for this post is PAY
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