Resale homes are not subject to HST There still seems to be some confusion out there about HST and buying a home. In simple terms, a resale home is HST exempt. A new home is HST taxable but most builders quote their price with the HST included and there are rebates available. Watch the video … Continue Reading
London and area MLS sales down 21% July was hot, hot,hot but homes sales were cool. LSTAR, the London St.Thomas Association of Realtors, reported that sales were down 21% compared to last July. Home prices remained strong though, indicating our current market is priced properly. The chart on the right compares July 2010 sales to … Continue Reading
HST is almost here! T-Day (T for tax) is coming July 1st, 2010 with surprisingly little protest. The cost of many basic items, such as natural gas, gasoline, internet services, most repairs, taxis, etc are about to rise. I don’t see many luxury items there. Your basic cost of living is going up. Let’s hope they spend … Continue Reading