Hello, everyone. I provide you with Canada’s news headlines for real estate news for today.
Vancouver pre-sale condo market ‘incredibly robust’
According to Real Estate News Exchange,
Metro Vancouver’s pre-sale condo market remains “incredibly robust” with demand showing no signs of abating for the rest of 2017, says the co-president of McNeill Lalonde & Associates (MLA) Canada, a new property marketing powerhouse formed by the joining of MAC Marketing Solutions and BLVD Marketing Group.
The detail is here.
Sorry Vancouver, But Toronto Is The King Of Risky Mortgage Debt
According to Better Dwelling,
Canadian real estate values continue to soar, and a record number of buyers are piling into risky loans. According to the Bank of Canada (BoC), and the Ministry of Finance (MoF), high ratio mortgage borrowers are extending themselves to the limit. While we covered how concerning this trend has become in Toronto, it’s not just isolated to that city. It’s a trend that’s growing across all Canadian urban centers.
The detail is here.
Follow me on social media!
Jethro Seymour, Toronto Real Estate Broker, Looking For Best Leaside Real Estate Listings? Contact Me!
Also published on Medium.
