Hello everyone. I provide you with Canada’s news headlines for real estate news for today.
Canadian commercial real estate hits highs as Calgary gains: CBRE
According to CBRE Limited said on Monday,
The real estate market hit a record C$11.16 billion ($8.41 billion) in quarterly transaction volumes and is on track to reach new highs for the year, as investors’ hunt for yield and gains in the oil-producing province of Alberta bolster activity.
The detail is here.
Canadian real estate’s troubles to deepen soon, observers warn
Based on the latest numbers from Statistics Canada,
[The] housing investment shrunk by 5.5 per cent nationally in Q3 2016, which marked the first decline in this metric in around 3 years.Capital Economics senior Canadian analyst David Madani warned that this might indicate that “the other shoe has just dropped” for the national economy, especially since the contraction came in the wake of the oil shock as well as decreased home sales in Vancouver.
The detail is here.
Toronto Midtown (Davisville, Leaside & Bennington Heights) Neighborhood News
Here are the latest local neighborhood news
- Davisville Village Sales Statistics – November 2016
- Leaside & Bennington Heights Sales Statistics – November 2016
- Toronto Midtown Community Corner – December 2016
Are you ready for the Christmas holiday? Here is the holiday trivia.
Have you entered this month contest yet? Seymour Contests: December 2016 Giveaway
Jethro Seymour, One of the Top Toronto Davisville Real Estate Broker
Also published on Medium.
