Two Real Estate Stories in the News for Wednesday, February 14th 2018

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Toronto 2018 budget keeps property tax down, drawing concerns

Toronto's mayor says this year's budget is "just right," but one critic argues failing to hike property taxes above the rate of inflation will make the city less affordable for everyone. A 2.1 percent property tax hike anchors the 2018 budget, which goes to city council on Monday. For an average homeowner, that amounts to about $81 more than last year.

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Toronto notches the seventh year of record commercial-property sales

The Toronto region posted its seventh year of record commercial-property sales and there’s room to rally as a buoyant economy leads to surging demand for everything from hotels to offices, according to Altus Group Ltd.

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Jethro Seymour, one of the Top Midtown Toronto Real Estate Brokers, provides you with Canadian real estate news headlines ( February 14th, 2018)