Toronto home sales down 49 per cent from last year as listing decline and rates rise

A sold sign is shown in front of west-end Toronto homes Sunday, May 14, 2017. (Graeme Roy/The Canadian Press) A sold sign is shown in front of west-end Toronto homes Sunday, May 14, 2017. (Graeme Roy/The Canadian Press)

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OPINION

OPINION | Selling a home? How to know if you qualify for a capital gains exemption

When selling a home, Canadians may be exempted from paying capital gains tax on a residential property -- if it's their principal residence. On CTVNews.ca, personal finance contributor Christopher Liew explains what's determined as a principal residence, and what properties are eligible for the exemption.