Canadian Mortgage Defaults Haven’t Been This Low Since 2006

Canadian real estate borrowers are paying their mortgages at a near record pace. Filings with theCanadian Bankers Association (CBA) for the first quarter, show mortgages in arrears have fallen to new lows. The largest markets of Ontario and BC are just off of record lows. That sounds like great news, but more often is a sign of an overly liquid market.

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Bidding wars intensify as Ottawa homebuyers hit perfect storm

Houses in Ottawa's hottest neighbourhoods are selling at record prices as buyers compete in a market plagued by a shortage of resale homes. That shortage, combined with growing demand and a shift among realtors toward a more aggressive sales strategy, is creating ideal conditions for bidding wars the likes of which the capital has never seen.

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Canadians' support for housing measures, stress tests remains high – poll

The results of the latest study conducted by real estate information portal Zoocasa revealed that consumer support for government measures that address the impact of foreign buyers on Canadian real estate prices remains high.

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Jethro Seymour, one of the Top Midtown Toronto Real Estate Brokers, provides you with Canadian real estate news headlines ( April 26th 2018 )

Picture: Armando Arauz

Davisville Village Home Sales Statistics for March 2018

Leaside & Bennington Heights Home Sales Statistics for March 2018

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Jethro Seymour, Toronto Real Estate Broker.  Search Toronto's live MLS listing here.