Three Real Estate Stories in the News for Monday, August 28th, 2017Jethro Seymour – Top Midtown Toronto (Davisville Village ,Leaside) Real Estate Agent
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Three Real Estate Stories in the News for Monday, August 28th, 2017

Posted by seymour on August 28, 2017
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Hello, everyone.

I provide you with Canada’s news headlines for real estate news for today.

What Canadian real estate markets should investors look to now that Toronto’s cooling?

According to Buzz Buzz News,

Where are real estate investors to turn now that Ontario has joined BC with housing market interventions aimed at its biggest real estate market? It depends whom you ask, and that’s what BuzzBuzzNews has done.

The detail is here.

Skyrocketing real estate has malls putting homes, not cars, in parking lots

According to CBC News,

Former Vancouver chief planner Brent Toderian says for mall owners, turning parking into housing is a “no-brainer.”

It can easily eclipse the profitability of leasing retail space, and they can have both as the Brentwood redevelopment shows: the first phase has only involved the parking lot while it’s business as usually for retail tenants.

The detail is here.

Rent in the city, own in small towns: Canada’s new real estate trend

According to Global News

With prices sky-high in some of Canada’s largest cities and real estate markets softening across the country, many city dwellers are choosing to rent the home where they live and buy properties — especially in smaller towns — as an investment.

The detail is here.

 


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