Did you sell your home in 2019?  You will need to report that information on your tax return.   Here is what you need to know. What is a principal residence? A principal residence is a residential property that you owned and occupied at any point during the year.  This can be your main residence, a cottage, or a mobile home. What are capital gains? Capital gains are the profits you receiv ...

Housing market conditions continue to follow similar trends to last year, with gains in sales. At the same time, there have been further reductions in new listings, inventory and more declines in prices. January sales activity was 863 units, nearly eight per cent higher than last year’s levels. While sales remained well below January activity recorded before 2014, they remain consistent wit ...