Four Real Estate Stories in the News for Friday, August 11th, 2017Jethro Seymour – Top Midtown Toronto (Davisville Village ,Leaside) Real Estate Agent
Your search results

Four Real Estate Stories in the News for Friday, August 11th, 2017

Posted by seymour on August 11, 2017
| 0

Hello, everyone.

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

Housing Bubble: Should Investors Be Worried About Canadian Banks?

According to Yahoo Finance,

Canadian banks have been a great source of steady income for investors. In fact, they survived the biggest financial turbulence of our time in 2008, when many banks down south failed or needed a bailout.

For the past four months, however, this crucial sector for income investors is under pressure on speculations that a Canadian housing bubble is about to burst. In that catastrophic outcome, the leading banks will suffer because they have a huge exposure to the real estate market.

The detail is here.

Rosenberg: Toronto housing slowdown is good for economy

According to BNN,

The recent dramatic drop in home sales across the Greater Toronto Area is good for Canada’s economy — and may show the economy is finally moving away from a dependence on the real estate sector, according to Gluskin Sheff Chief Economist David Rosenberg.

The detail is here.

Toronto home buyers and sellers play the waiting game

According to The Globe and Mail,

 

Toronto in mid-August feels like a city waiting with bated breath.

The real estate market is drowsy and buyers and sellers are anxious to know what will happen when it comes back to full consciousness in September.

The detail is here.

Toronto’s housing correction hasn’t derailed Canada’s economy. Here’s why

According to BuzzBuzzNews,

Although the Canadian economy has been heavily reliant on housing for stability in recent years, experts are finding encouraging signs of economic growth in other sectors even as the Toronto real estate market corrects.

The detail is here.


Follow me on social media!

Canadian Real Estate Headlines from Jethro Seymour, one of the Top Toronto Real Estate BrokersCanadian Real Estate Headlines from Jethro Seymour, one of the Top Toronto Real Estate Brokers

Jethro Seymour, Toronto Real Estate Broker, Looking For Best Davisville Real Estate Listings? Contact Me!


Also published on Medium.

  • Testimonials

    Living room view, 3 Everson Drive Suite 326
    North York Townhome Sold by Top Broker Jethro Seymour
    A positive experience overall

    "We’ve known Jethro for several years now and wouldn’t think of using any other realtor. We’ve used his real estate services to buy and sell, and both times he’s exceeded our expectations.

    We felt that Jethro always looked out for our best interests. When we wanted to present an offer on a few houses, he quickly made sure to come with us to see them, and promptly researched and advised us accordingly. On two occasions his sound knowledge guided us against making a poor decision on a..."

    More Testimonials
  • Neighbourhood Information

    Casa Loma Neighbourhood Real Estate

    Casa Loma: One of the Most Desirable Neighbourhoods in Toronto A comprehensive neighbourhood guide to Casa Loma and its homes ...
    Read More
  • Community Corner

    Seymour Contests: January 2017 Spa Giveaway

    Happy January, everyone! Last month’s lucky winner, Cathy Philips, won herself a $80 gift certificate to McSorley’s on Bayview. Congratulations! Thank ...
    Read More