Real Estate News Headlines (April 25th 2017) - Jethro SeymourJethro Seymour – Top Midtown Toronto (Davisville Village ,Leaside) Real Estate Agent
Your search results

Real Estate News Headlines (April 25th 2017)

Posted by seymour on April 25, 2017
| 0

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

Will this old city be Canada’s new foreign-homebuyer destination?

According to BuzzBuzz News,

Because Ontario is joining BC with its own foreign-homebuyer tax, will overseas investors move one province over to Montreal?

Desjardins Senior Economist Benoit P. Durocher mulled this question in a recent report, and two other top economists now suggest the levy, meant in part to cool the Greater Toronto Area’s housing market, will have some impact on Montreal real estate.

The detail is here.

Victoria looks to follow Vancouver on foreign-buyers tax

According to The Globe and Mail,

Victoria’s city council has asked the B.C. government to expand a foreign-buyers tax introduced last year in Vancouver to include the Victoria region.

Mayor Lisa Helps said the city does not want to target foreign buyers who come to live and work in Victoria, but would like to deter real estate speculators who are not residents.

The detail is here.

Canadians’ Confidence In Housing Hits Record High

According to Huffington Post Canada,

The experts are getting louder in their warnings that a housing bubble has formed in some parts of Canada, but Canadians don’t seem worried.

In fact, confidence in the housing market hit a record high in the latest weekly Bloomberg-Nanos index — even as respondents turned negative on their own personal finances.

The survey found 48.5 per cent of Canadians expect house prices to rise in the next six months, the highest level recorded in the survey since 2008. Fewer than 11 per cent expect to see house prices decrease.

The detail is here.


Follow me on social media!

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

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

 

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


Also published on Medium.

  • Testimonials

    88 BROADWAY AVENUE, SUITE 1203 DAVISVILLE VILLAGE from Jethro Seymour, one of the top Real Estate Broker in Toronto
    A Dream Yonge and Eglinton Condo for A Great Couple

    “Having been interested in selling our condo for a while, we went to an open house in our building and had the pleasure of meeting Jethro. We found him to be very professional, well established and knowledgeable. When we were ready to purchase a new condo he worked very hard to find us the perfect home and was truly proactive and results oriented.

    We scooped up a new listing within hours of it hitting the market thanks to his keen eye and understanding of our needs. When we were ready to..."

    More Testimonials
  • Neighbourhood Information

    [pt_view id="5eef3b94jg"]
  • Community Corner

    [pt_view id="39cabc0841"]