Hello, everyone.
I provide you with Canada’s news headlines for real estate news for today.
Loonie must go up more to kill foreign interest in Canadian real estate
According to Montreal Gazette,
Canadian real estate became more expensive for foreign investors over the past week, but the loonie probably needs to keep moving higher if it’s really going to cool off overseas demand.
The detail is here.
Average Canadian house worth $504,458 in June, down 10% since April
According to CBC News,
Home sales fell in June by their largest amount in seven years, the Canadian Real Estate Association said Monday, as nearly three-quarters of all markets slowed down during what is normally the most popular time of the year for real estate.
The detail is here.
‘Massive effort’ underway to create database that will shed light on Canada’s housing market
According to Financial Post,
StatsCan is gathering information on everything from prices to owner demographics on every property in the country to help shape future policy
The detail is here.
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Jethro Seymour, Toronto Real Estate Broker, Looking For Best Davisville Real Estate Listings? Contact Me!
Also published on Medium.
