Hello, everyone. I provide you with Canada’s news headlines for real estate news for today.
Canadian housing starts begin 2017 on a high, fuelled by Ontario
According to Global News,
Canadian housing starts unexpectedly rose in January as Ontario saw a strong increase on ground breaking of new homes, suggesting home construction got off to a strong start in 2017.
The seasonally adjusted annualized rate of housing starts rose to 207,408 units from a downwardly revised 206,305 in December, the Canadian Mortgage and Housing Corporation (CMHC) said on Wednesday. Economists had expected starts to decline to 200,000.
The detail is here.
Demand for downtown Toronto condos heats up
According to The Globe and Mail,
For people vying to get into Toronto’s real estate market in January, it seems that patiently waiting for the quintessential three-bedroom house was not part of the plan.
Once again, sales of condo units outpaced those of homes low to the ground.
The detail is here.
Toronto Midtown (Davisville, Leaside & Bennington Heights) Neighborhood News
Here are the latest local neighbourhood news
- Davisville Village Sales Statistics – November 2016
- Leaside & Bennington Heights Sales Statistics – November 2016
- Toronto Midtown Community Corner – December 2016
Have you entered this month contest yet? Seymour Contests: January 2017 Spa Giveaway
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Jethro Seymour, One of the Top Toronto Davisville Real Estate Broker
