Hello everyone. I provide you with Canada’s news headlines for real estate news for today.
Toronto catching up to Vancouver for most unaffordable real estate market, says RBC
According to CBC News,
Toronto is inching closer to Vancouver when it comes to house prices — specifically, according to a Royal Bank of Canada (RBC) study, how unaffordable it is.
RBC’s third quarter affordability index shows that 63.7 per cent of the typical household income in the Greater Toronto Area is being funneled into the cost of owning a home, which includes mortgage payments, the principal and interest, property taxes and utilities.
The detail is here.
Toronto Midtown (Davisville, Leaside & Bennington Heights) Neighborhood News
Here are the latest local neighborhood news
- Davisville Village Sales Statistics – November 2016
- Leaside & Bennington Heights Sales Statistics – November 2016
- Toronto Midtown Community Corner – December 2016
Are you ready for the Christmas holiday? Here is the holiday trivia.
Have you entered this month contest yet? Seymour Contests: December 2016 Giveaway
Follow me on social media!
Jethro Seymour, One of the Top Toronto Davisville Real Estate Broker