Hello, everyone. I provide you with Canada’s news headlines for real estate news for today.
Canadians’ Faith In Real Estate Fizzles As Toronto Sales Plunge
According to Huffington Post,
Canadians’ confidence in the housing market hit an all-time high less than a month ago — but a month, it turns out, is a long time in real estate.
That confidence is now falling as evidence mounts of a slowdown in the Toronto area, Canada’s largest housing market.
The Bloomberg Nanos consumer confidence barometer found the share of Canadians expecting house prices to rise in the next six months has fallen to 45.5 per cent, from a record high of 50.1 per cent just three weeks earlier. That was the highest level since Nanos Research started the survey in 2008.
The detail is here.
B.C.’s real estate regulator works to modernize operations
According to The Globe and Mail,
British Columbia’s real estate regulator is struggling to clear a mountain of public complaints and staff are in danger of burning out, the regulator’s acting executive director says.
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.
