Hamilton Real Estate Show

Homebuyers are going into hibernation

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Synopsis

In this edition of the Golfi Real Estate Show, Hamilton Edition, Rob and Phil Golfi from RE/MAX, the Golfi Team, talk about the 'hibernation' that homebuyers appear to be in. Toronto is in the news for a bevy of housing-related initiatives, including raising its vacant home tax and hiking its land transfer tax on homes that are listed for more than $3 million. Plus, some Toronto-area buyers are walking away from big deposits on new homes.