Hello, everyone. I provide you with Canada’s news headlines for real estate news for today.
Canada’s red hot real estate heats up apartment market to heights not seen in 30 years
According to Financial Post,
How hot is the residential housing market? Well, for the first time in decades, developers are considering building rental housing because they can actually make money — buoyed by consumers priced out of becoming homeowners.
In Toronto’s red-hot housing market, where January prices across existing homes climbed 22.6 per cent from a year ago, consumers have been flooding back to apartments where the vacancy rate was already just 1.3 per cent, according to a Canada Mortgage and Housing Corp. October market survey.
The detail is here.
Lessons from B.C.: What Toronto should consider before adopting a foreign buyers’ tax
According to CBC,
With the Ontario government indicating it may try to douse Toronto’s scorching housing market with a foreign buyers’ tax, critics and advocates of the move say the province has a lot to learn from British Columbia.
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.
