Hello, everyone. I provide you with Canada’s news headlines for real estate news for today.
Ontario proposes banning real estate agents from representing seller and buyer
According to Global News,
Investors who have owned foreign investments have benefitted handsomely in recent years due to both performance and currency
The detail is here.
Foreign Purchases Of Vancouver Real Estate Up 68% In May
According to Better Dwelling,
The last few months of 2016 were slow for Vancouver real estate, but it looks like the market is making a triumphant return, and bringing with it a proportional number of foreign buyers. The BC Ministry of Finance transfer tax data shows solid growth from foreign buyers. Despite this growth, domestic transactions increased by so much it still remained a fairly small segment of buyers.
The detail is here.
‘We used to be savers’: Why Canadians ignore warnings about debt
According to CBC,
Canadians have heard the message over and over again, from the Bank of Canada, the Parliamentary Budget Office and even the credit industry itself: Personal debt levels are alarmingly high, especially in light of interest rates that are only poised to increase.
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.
