Prediction housing sales will slow in Golden Horseshoe
Experts say many prospective home buyers will likely wait on the sidelines now, to see how new measures introduced by the Ontario government affect the market.
The government's moves to cool the red-hot housing market in parts of Ontario include a 15 per cent tax on non-resident speculators in the Greater Golden Horseshoe, which stretches from the Niagara Region to Peterborough.
C-I-B-C economist Benjamin Tal says the measures are likely to cool the market over the next six months as many buyers take a wait and see approach.
The province is also giving Toronto and other municipalities the power to impose a tax on vacant homes, something that Toronto Mayor John Tory has been asking for.
A very successful 2017-2018 IceDogs regular season came to an end Saturday afternoon with a 6-3 win over Mississauga. A sellout St Patty's Day Meridian Centre crowd watched Niagara record their 35th win of the season for a total of 80 points in the OHL's Eastern Conference as Johnny Corneil lead the way with a goal and two assists.
Kirill Maksimov enjoyed a four point night while Johnny Corneil and Ben Jones each scored a pair in the IceDogs 6-3 Friday night win in Erie. With the win, Niagara has now secured home ice advantage in their first round playoff series with Oshawa.
Johnny Corneil scored the overtime winner exactly half-way through the extra period as the IceDogs prevailed 3-2 over visiting Hamilton for Niagara's fifth win in six meetings versus the Bulldogs. Stephen Dhillon was also big stopping 41 shots for the IceDogs fifth straight victory.