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They indicated that property assessments for the 2022 and 2023 property tax years will continue to be based on the fully phased-on January 1, 2016, current values. In August 2023, the Ontario government announced that it was postponing a provincewide property reassessment as it conducts a new review of the accuracy and fairness of the system.
The Dallas Federal Reserve rated Canadian real estate as "exuberant" beginning in 2003. [1] From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. [2] In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3]
Peterborough (/ ˈ p iː t ər b ʌr oʊ / PEE-tər-burr-oh) is a city on the Otonabee River in Ontario, Canada, about 125 kilometres (78 miles) northeast of Toronto.According to the 2021 Census, the population of the City of Peterborough was 83,651. [4]
A unit of real estate or immovable property is limited by a legal boundary (sometimes also referred to as a property line, lot line or bounds). The boundary (in Latin: limes ) may appear as a discontinuation in the terrain: a ditch, a bank, a hedge, a wall, or similar, but essentially, a legal boundary is a conceptual entity, a social construct ...
During the pandemic, in February 2022, it was reported that the Canadian housing market was experiencing an unexpected boom with record-breaking high prices, combined with historically low interest rates and a decreasing supply of real estate. In both 2020 and 2021 real estate sales records were broken.
Clients have their home listed on Purplebricks.ca and Realtor.ca through a board’s MLS® system. Purplebricks employs local Realtors who know the local real estate market. These Realtors provide clients with a home evaluation that includes pricing recommendations based on current market analysis of their local area. Clients pay a fee to list ...
Their plans for a condominium development never came to fruition and it was put up for sale again in 2013. Since 2011, the Peterborough Poverty Reduction Network had been investigating the potential and the risks of acquiring the former Mount building as a community asset. The network agreed to purchase the property on July 30, 2013. [10]
It is located a few kilometers west of Peterborough, the largest city in the area. It is a gateway community, where since 2000 there has been significant real-estate development, mostly in the form of individual dwellings. To the north are downhill and cross-country ski areas, mostly accessible by paved county roads.
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