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Three Real Estate Stories in the News for Monday, October 23rd, 2017

Jethro Seymour

My sales career started in 1994 with publishing and media sales.

My sales career started in 1994 with publishing and media sales.

Feb 9 3 minutes read

Hello!  Here are Canada's headlines for real estate, today.

Why real estate investing beyond Canada can pay off

According to Advisor.ca, "Using global real estate strategically can help enhance diversification, manage overall portfolio risk and insulate overall portfolios from future market shocks, according to Tracey Luke, senior director of product management at Invesco Ltd., speaking at the 2017 Global Investment Conference.

Institutional trends around the globe are pointing to an increase in allocations from institutional investors in real estate pretty consistently and not just in Canada, said Luke. So why global real estate? Fundamentals continue to appear sound and opportunities exist for pension plans that are willing to look beyond domestic borders, she added."

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Canada housing agency concerned by unregulated lenders' growth

According to Reuters, "New rules meant to cut out risky lending by banks in Canada are pushing home purchasers into the arms of unregulated lenders, the head of the nation’s housing agency said on Friday, adding that steps could be taken to curb their growth."

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October mid-month numbers reveal buyer’s market continues in Toronto

According to BuzzBuzzNews, "You could say that real estate in the Greater Toronto Area is the tale of two markets: the rampant activity of 2016, when sales and prices hurtled towards their peak, and today’s post-Ontario Fair Housing Plan reality.

It’s no secret that market conditions have swung wildly following the implementation of the 16-part plan, which targeted home prices via taxes on foreign buyers, speculative investing, and even empty homes. But just how much have prospects changed for today’s buyers and sellers?"

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Find out what your home is worth here!

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

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