Hello, everyone. I provide you with Canada’s news headlines for real estate news for today.
Housing market will rebound: real estate expert
According to The Telegram,
Newfoundland and Labrador’s housing market has a little catching up to do in relation to the rest of the country following the downturn of the oil industry, but things are looking up, says Phil Soper, national president and CEO of Royal LePage Real Estate Services.
The detail is here.
Real estate bubble? The wealthy see it differently
According to The Globe and Mail,
If you own property in an area where real estate values are rising, count yourself lucky. But if you are already wealthy, how should you negotiate the skyrocketing property prices in Canada’s major cities?
Do high-net-worth Canadians consider themselves buyers, sellers or holders? The answer, it seems, is all of the above.
The detail is here.
Canada home resales rise, debt-to-income hits fresh record
According to ET Realty,
Home resales rose 5.2 % last month from January and prices were up 16 % from a year earlier as brisk sales in and around Toronto
The detail is here.
‘Marginal’ home buyers setting market value in Toronto
According to The Globe and Mail,
The most frustrated people in the Toronto area’s real estate market right now are clearly the buyers. But right behind them are many seasoned agents.
The Teranet-National Bank house-price index revealed this week prices across the country jumped 13.4 per cent to a 10-year high in February compared with the same month last year. The Greater Toronto Area powered ahead with a 23-per-cent gain last month compared with February, 2016.
The detail is here.
Toronto Midtown (Davisville, Leaside & Bennington Heights) Neighborhood News
Here are the latest local neighbourhood news
- Davisville Village Sales Statistics – November 2016
- Leaside & Bennington Heights Sales Statistics – November 2016
- Toronto Midtown Community Corner – December 2016
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Jethro Seymour, One of the Top Davisville, Toronto Real Estate Agent
Also published on Medium.
