Hello, everyone.
I provide you with Canada’s news headlines for real estate news for today.
Ottawa real estate market heats up as Toronto cools down
According to CBC,
While sales plummeted last month in Toronto, Ottawa’s homes sales — and prices — jumped in June, according to figures released Thursday by the Ottawa Real Estate Board.
The number of homes resold increased by 10 per cent, to 2,162 in June 2017 compared to 1,985 properties for the same month the previous year.
The detail is here.
Bank of Canada’s expected rate hike could further cool GTA real estate, experts say
According to CBC,
With the latest figures from the Toronto Real Estate Board showing home prices and sales down, would-be sellers and buyers are now wondering how next week’s widely expected Bank of Canada rate increase will affect the market.
The detail is here.
B.C.’s skyrocketing real estate prices putting the squeeze on seniors’ care, report finds
According to CBC News,
The rising cost of real estate in B.C. could have consequences for seniors’ care in the province.
The B.C. Care Association, which represents non-government care providers, says seniors are becoming wealthier because of the property they own, which, in many cases, has skyrocketed in value.
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.
