Hello, everyone. I provide you with Canada’s news headlines for real estate news for today.
‘The housing bubble has burst’: Economist warns market imbalances are threat to economy in long run
According to Financial Post,
Those booming housing markets may make some homeowners rich and provide a short-term boost to the economy, but a Canadian economist is warning about the long-term impact on the country.
The detail is here.
Canadian GDP Increased 0.4% in November
According to ASI,
GDP increased 1.6% in November 2016, compared to the same month in 2015. Statistics Canada also revised October’s GDP decline to 0.2%, from an earlier estimate of 0.3%.
GDP growth in November was due in large part to higher manufacturing output. After a 1.7% fall in October, production rose 1.4% in November, the largest increase in the previous five months. Output increased 0.6% on a year-over-year comparison.
The detail is here.
Toronto Midtown (Davisville, Leaside & Bennington Heights) Neighborhood News
Here are the latest local neighbourhood news
- Davisville Village Sales Statistics – November 2016
- Leaside & Bennington Heights Sales Statistics – November 2016
- Toronto Midtown Community Corner – December 2016
Have you entered this month contest yet? Seymour Contests: January 2017 Spa Giveaway
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Jethro Seymour, One of the Top Toronto Davisville Real Estate Broker
Also published on Medium.
