Hello everyone. I provide you with Canada’s news headlines for real estate news for today.
CIBC’s exposure to real estate correction is highest among Canada’s banks
According to Financial Post,
CIBC’s exposure to the residential mortgage market has increased, raising concerns among some analysts who say it comes at a time when Canada’s real estate market is at risk of a correction.
The detail is here.
Why 2016 May Be the Year of ‘Peak Housing’ for Canada
According to Bloomberg,
There’s one particularly troubling tidbit to be found amid Canada’s surprisingly strong third-quarter growth: residential investment hit the skids.
The detail is here.
Neighborhood News
Here are the local neighborhood news:
- November Community Corner is here!
- Changes to Ontario’s Land Transfer Tax Rates
- Davisville Village Sales Statistics – October 2016
- Leaside & Bennington Heights Sales Statistics – October 2016
Jethro Seymour, Mid-town Toronto Real Estate Broker
Also published on Medium.
