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In addition, the province of Ontario's Fair Housing Plan set in place stricter rent controls and 16 measures to help combat the growth of the real estate market . [34] These remedies coincided with a slight dip in housing prices in 2017 [35] which some believed was the beginning of a housing crash. [36]
The Regional Municipality of Durham (/ ˈ d ʊər ə m /), informally referred to as Durham Region, is a regional municipality in Southern Ontario, Canada.Located east of Toronto and the Regional Municipality of York, it forms the east end of the Greater Toronto Area (GTA) and is part of the Golden Horseshoe region.
The Treasury Department last year relaxed guidance around the stimulus money, meaning Durham can use it to help finance affordable housing. ‘Awesome opportunity’: Durham puts $10M of federal ...
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The Regent Park apartments in Toronto's Cabbagetown neighborhood were intended to be community housing, but they have become dilapidated. The housing continuum includes non-market housing (homelessness, emergency shelters, transitional housing, supportive housing, community and social housing) and market housing (below-market rental/ownership, private rental, and home ownership).
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
In response to The Ontario Committee on Taxation Report, the Provincial Government assumed responsibility for property assessment in 1970 to create a uniform assessment system for all Ontario municipalities. The Government introduced market value assessment and the new system was offered to municipal governments on a voluntary basis. [6]
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