Three Real Estate Stories in the News for Saturday, December 9th, 2017

Hello everyone,

Here are today's Canadian real estate news headlines.

Bank of Canada holds rate but sends fresh signals that hikes are on the horizon

The Bank of Canada stuck with its trend-setting interest rate, but it offered fresh warnings to Canadians that increases are likely on the way, according to CTV News.

Check here for more details. 

Photo: Jf Brou

Consumer report finds Canadians view homeownership as a good long-term investment and mortgages as "good debt"

Many Canadians view real estate in Canada as a good long-term investment according to the newly released Annual State of the Residential Mortgage Market. Despite rising housing prices and government intervention, the majority of Canadians felt real estate was a good investment and viewed mortgage debt as "good debt". 

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Condos a bright spot in recovering Toronto, Vancouver markets

The market for condos and attached properties surged in Toronto and Vancouver, as buyer interest in expensive detached homes has withered, according to Reuters. 

Check here for more details.

Davisville Village Home Sales Statistics for November 2017

Leaside & Bennington Heights Sales Statistics for November 2017

Find out what your home is worth here!

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