Three Real Estate Stories in the News for Wednesday, August 30th, 2017Jethro Seymour – Top Midtown Toronto (Davisville Village ,Leaside) Real Estate Agent
Your search results

Three Real Estate Stories in the News for Wednesday, August 30th, 2017

Posted by seymour on August 30, 2017
| 0

Hello, everyone.

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

Toronto Real Estate Is Seeing A Massive Flood of Inventory

According to Better Dwelling,

Toronto real estate has been cooling down, but it’s hard to tell how much without some context. Numbers from the Canadian Real Estate Association (CREA) give us that, showing how it compares to the rest of Canada. Toronto is seeing the largest decline in sales to new listings in the country, as sales struggle to keep up with the city’s huge inventory growth.

The detail is here.

Vancouver Real Estate Sees The Largest Drop Of New Listings In Canada

According to Better Dwelling,

Vancouver real estate is seeing the largest drop in new listings in the country. Numbers from theCanadian Real Estate Association (CREA) show the city’s decline is the highest ratio of any urban center. The drop is followed by a bigger drop in sales however. This is dragging the sales to new listings ratio closer to a balanced market.

The detail is here.

Canada this week could break its longest streak of low growth since 1926

According to Financial Post,

Statistics Canada reports growth data on Thursday that will confirm the nation’s economy has entered rarefied territory.

Economists are forecasting an expansion in second-quarter gross domestic product at about the same 3.7 per cent pace recorded in the first three months of this year. Even with an anticipated second-half slowdown, that should leave Canada flirting with 3 per cent growth for all of 2017.

The detail is here.

 


Follow me on social media!

Canadian Real Estate Headlines from Jethro Seymour, one of the Top Toronto Real Estate BrokersCanadian Real Estate Headlines from Jethro Seymour, one of the Top Toronto Real Estate Brokers

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


Also published on Medium.

  • Testimonials

    327 BELSIZE DRIVE DAVISVILLE VILLAGE from Jethro Seymour, one of the Top Real Estate Brokers in Toronto
    Stunning Home Purchased on Belsize Drive, Davisville Village
    Selling our home was easy and stress-free

    "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 work to..."

    More Testimonials
  • Neighbourhood Information

    Chaplin Estates Neighbourhood Information from Jethro Seymour

    Chaplin Estates Neighbourhood Real Estate

    Chaplin Estates is one of Toronto’s most exclusive neighbourhoods located in the Yonge and Eglinton district of midtown Toronto. Chaplin ...
    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