Three Real Estate Stories in the News for Thursday, July 6th, 2017Jethro Seymour – Top Midtown Toronto (Davisville Village ,Leaside) Real Estate Agent
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Three Real Estate Stories in the News for Thursday, July 6th, 2017

Posted by seymour on July 6, 2017
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Hello, everyone.

I provide you with Canada’s news headlines for real estate news for today.

Vancouver condo prices surge amid apparent thaw in foreign-buyers-tax chill

According to The Globe and Mail,

Condo prices are surging in Greater Vancouver while the market for detached properties has bounced back less than a year after a tax on foreign buyers cooled off sales.

The detail is here.

Toronto real estate market’s buyers and sellers stuck in summer standoff

According to Toronto Star,

The Toronto area’s choppy real estate market may become fairly placid in July and August, as buyers and sellers each try to gauge the level of desperation in the other.

The detail is here.

Ontario economy too dependent on housing ‘bubble,’ new study warns

According to Financial Post,

The Fraser Institute report warns that with interest rates expected to increase, Toronto’s housing sector could collapse, leading to serious economic disruption

The detail is here.


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