Ontario hasn't updated property tax assessments since 2016. Here's what it means for homeowners [Globe and Mail, The (Toronto, Canada)]
CoStar Group, Inc. (CSGP)
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Source: Globe and Mail, The
Canada's most populous province hasn't updated property assessments in nearly nine years and still doesn't have a date for when the long-awaited appraisals will take place. When the assessments finally happen, depending on where you live, it could mean a significant change in your tax bill. Ontario legislation mandates that across-the-board assessments take place every four years, but Premier Doug Ford's government suspended the cycle in 2021 because of the COVID-19 pandemic. The process then remained on hold after the province launched a review of the assessment system that has yet to conclude. The prolonged pause has left Ontario with the most out-of-date official measure of property values of any province. The new assessment, when it happens, could result in a significant redistribution of the property tax load between residential and commercial properties in the same municipality or among neighbourhoods that have seen major disparities in real estate price changes, experts sa
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News
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- CoStar Group, Inc. (NASDAQ: CSGP) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $90.00 price target on the stock.MarketBeat
CSGP
Earnings
- 10/22/24 - Beat
CSGP
Sec Filings
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- 12/10/24 - Form 144
- CSGP's page on the SEC website