Hello, everyone. I provide you with Canada’s news headlines for real estate news for today.
‘Hasty’ housing policy in Ontario could hit rest of Canada: Royal LePage CEO
According to BNN,
One of Canada’s most prominent realtors is warning the rest of the country could pay the price if policymakers implement new housing policies in Ontario without sufficient data to back them up.
The detail is here.
Mayor John Tory lays out three priorities heading into housing meeting
According to CBC News,
Mayor John Tory says he plans to discuss Toronto’s lagging rental supply, a vacant property tax and the lack of real estate data when he meets Tuesday with the federal and Ontario finance ministers.
The meeting between all three levels of government was arranged earlier this month in an effort to address soaring house prices in Canada’s largest city.
The detail is here.
March home sales hit record high: CREA
According to CTV News,
Home sales across the country hit a record high last month, propped up by transactions in the fiercely hot market of Toronto, further fuelling concerns about the city’s real estate sector.
The Canadian Real Estate Association said Tuesday home sales over its Multiple Listings Service system increased by 1.1 per cent in March to top the previous monthly record set in April 2016. On a seasonally adjusted basis, sales totalled 46,353, up from 45,856 in February.
The detail is here.
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Jethro Seymour, Toronto Real Estate Broker, Looking For Best Leaside Real Estate Listings? Contact Me!
Also published on Medium.
