Hello, everyone. I provide you with Canada’s news headlines for real estate news for today.
Five reasons Canadians should not fear a housing market correction — and might even cheer it
According to Financial Post,
CIBC chief economist Avery Shenfeld and his economic team won’t say whether the housing market is on the verge of a correction.
Shenfeld, fellow economists Andrew Grantham and Nick Exarhos say the bigger question they continue to face is whether a crash in the housing market could bring the whole economy down in Canada, in a similar way to what happened in the United States last decade.
The detail is here.
Finance Minister Charles Sousa hints at new measures to cool real estate market in upcoming budget
According to CBC News,
Budget day in Ontario will be April 27, but voters can expect to see Liberal politicians making budget-related announcements in the meantime, as a decade of deficits comes to an end.
Finance Minister Charles Sousa revealed the budget date in a speech Thursday afternoon to a business audience in downtown Toronto.
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
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Jethro Seymour, Toronto Real Estate Broker, Looking For Best Leaside Real Estate Listings? Contact Me!
Also published on Medium.
