Jethro Seymour - Three Real Estate News Headlines (Oct 7th, 2017)Jethro Seymour – Top Midtown Toronto (Davisville Village ,Leaside) Real Estate Agent
Your search results

Three Real Estate Stories in the News for Saturday, October 7th 2017

Posted by seymour on October 7, 2017
| 0

Hello, everyone.

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

Sales down but condo prices still on the rise in GTA

According to CBC News,

Overall home sales in September were down in the Greater Toronto Area over the same time last year but condo prices continue to rise, according to figures released Wednesday morning by the Toronto Real Estate Board (TREB).

Even though listings were up by 9.4 per cent compared to September 2016, sales were down by 35 per cent, the TREB report said.

The overall average price of homes in the GTA was $775,546 last month — up 2.6 per cent from the same time last year.

The detail is here.

Province OKs rent-to-own program that helps ‘avoid’ foreign buyers’ tax

According to CBC News,

The B.C. finance ministry has reviewed a developer’s rent-to-own scheme that promises to help homebuyers “avoid paying the 15-per-cent foreign buyers’ tax” and found it doesn’t violate any law.

The Vancouver Rent to Own program from Apex Western Homes offers potential buyers a lease agreement on a home, with the option to buy within five years. That gives foreign buyers time to secure permanent residency or a work permit in Canada.

The detail is here.

Montreal-area home sales hit 8-year high for September

According to CBC News,

The real estate market in Greater Montreal matched September’s heat wave with sales reaching an eight-year high for the month.

The Greater Montreal Real Estate Board says 2,893 residential sales were completed last month, a six per cent increase from a year ago.

Four of the area’s five metropolitan areas sustained growth, led by a 17-per-cent jump in sales in Laval, north of Montreal.

The detail is here.


Get Custom report includes accurate and up to date information here!

Jethro Seymour, Toronto Real Estate Broker, Looking For Best  Midtown Toronto Real Estate Listings? Contact Me!


Also published on Medium.

  • Testimonials

    46 THURSTON ROAD, DAVISVILLE VILLAGE from Jethro Seymour, one of the Top Midtown Toronto Real Estate Broker
    Sold in Davisville Village by Top Realtor Jethro Seymour
    Thrilled with the service and marketing
    Client review of services

    "We had the pleasure of working with Jethro when we sold our home. He also assisted us with the subsequent purchase of a new home. We could not have been more pleased with his professionalism and knowledge.

    He was always available to us and kept us informed throughout the selling and buying process. Jethro made selling our home an easy, stress free experience. I am forever grateful to him for his superior service.

    I am a very demanding client and hold the professionals with whom I..."

    More Testimonials
  • Neighbourhood Information

    Davisville Neighbourhood Information from Jethro Seymour

    Davisville Village Neighbourhood Real Estate

    Midtown Toronto’s Davisville Village is a vibrant, centrally located neighbourhood that offers a quiet, convenient alternative to downtown living. Situated ...
    Read More
  • Community Corner

    Seymour Contests: January 2017 Spa Giveaway

    Happy January, everyone! Last month’s lucky winner, Cathy Philips, won herself a $80 gift certificate to McSorley’s on Bayview. Congratulations! Thank ...
    Read More