Three Real Estate Stories in the News for Friday, March 16th, 2018
Jethro Seymour
Sell your home faster and for more money with the Seymour Real Estate Team. I started my sales career in 1994 with publishing and media sales...
Sell your home faster and for more money with the Seymour Real Estate Team. I started my sales career in 1994 with publishing and media sales...
Canada is flashing several warning signs of a pending financial crisis
Canadian real estate prices have helped push Canada into a warning for a financial crisis. The Bank of International Settlements (BIS) published their quarterly review of central banks. The review is an exhaustive assessment of banking indicators, looking for any signs that could lead to stress at domestic banks. Canada is now flashing a warning signal for all four categories, which would typically lead to a financial crisis.
Check here for more details.
Are Chinese investors moving away from the Canadian housing market? This survey says yes
Chinese investment in Canadian property could be about to take a nosedive. That’s because, according to a recent survey, new regulations are making many would-be buyers think twice about getting into the Canadian housing market.
Check here for more details.
Developer pitches plan for 50,000 units of affordable housing in Toronto, Vancouver
The federal government is looking at a real estate developer’s proposal to build 50,000 units of affordable housing primarily in Toronto and Vancouver — a plan valued at as much as $14-billion that could become a big part of Ottawa’s national housing strategy.
Check here for more details.
Picture: Eugene Aikimov
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