Hello everyone. I provide you with Canada’s news headlines for real estate news for today.
Slowing Canadian residential investment to take a toll on economic growth
According to BuzzBuzzNews,
An independent Canadian government agency forecasts residential real estate investment will make up a smaller share of Canada’s real GDP in the coming years, dragging economic growth down with it.
The Parliamentary Budget Office (PBO) forecasts housing investment will sink to 6.5 per cent of the country’s GDP by 2020, down from the projected 7.7 per cent in 2016, the highest level going back as far as 1981 at least.
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
Are you ready for the Christmas holiday? Here is the holiday trivia.
Have you entered this month contest yet? Seymour Contests: December 2016 Giveaway
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Jethro Seymour, One of the Top Toronto Davisville Real Estate Broker
Also published on Medium.