Hello, everyone. I provide you with Canada’s news headlines for real estate news for today.
CMHC keeps real-estate market risk at ‘strong’
According to Toronto Star,
Canada’s federal housing agency says evidence of overvaluation has moderated in the country’s real estate markets, but the agency is still maintaining a “strong” overall risk rating.
Canada Mortgage and Housing Corp. (CMHC) says evidence of overvaluation at the national level has been downgraded to moderate, from strong.
The detail is here.
There’s a 40% chance Canadian home prices level off, expert says — but how about a crash?
According to The Buzz Buzz News,
The top economist at RBC’s investor division has estimated the chances of the three possible and very different outcomes for Canadian home prices.
Put simply, the options are “up, sideways, or down,” but Eric Lascelles, the chief economist for RBC Global Asset Management, gets more specific.
The detail is here.
What the 15-percent foreign buyer tax has done for Canadian (and American) real estate
According to InMan,
Experts say that although decreasing demand can help slow price growth, addressing inventory shortages should also be part of the solution
The detail is here.
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Jethro Seymour, Toronto Real Estate Broker, Looking For Best Leaside Real Estate Listings? Contact Me!
Also published on Medium.
