Hello, everyone. I provide you with Canada’s news headlines for real estate news for today.
Canada accumulating private debt faster than any other advanced economy
According to Global News,
We all know about Canada’s ballooning household debt. Hardly a day goes by without a headline warning about overstretched Canadians wallets, and policymakers have long been racking their brains about ways to rein-in families’ debt binge.
The detail is here.
Canada’s Housing Bubble Will Burst
According to Bloomberg View,
Canadian home sales fell the most in five years last month. That didn’t stop an increase in prices, which were up 18 percent nationwide from a year earlier. When you consider that most houses are leveraged assets, this represents huge gains for homeowners.
The detail is here.
Alberta cottages priciest in Canada, at over $800K: Royal LePage
According to Global News,
Vancouverites and Torontonians may be sparking bidding wars over vacation homes in their provinces, but it’s Alberta that has Canada’s priciest cottages.
That’s according to the latest analysis of the Canadian recreational property market by Royal LePage.
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.
