596249 4th Line, The Blue Mountains
Learn More
Do you want content like this delivered to your inbox?

Three Real Estate Stories in the News for Saturday, January 6th 2018

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 2 minutes read

Foreign buyers ‘dominate’ high-end house sales in Vancouver

The Shaughnessy neighbourhood of Vancouver has the most expensive houses in Canada, according to a national survey by New York City-based Engel & Völkers, a real estate agency that has offices in major Canadian cities. The survey also found the most expensive resale condominiums in Metro Vancouver now average $1,800 per square foot. 

The survey maintains that foreign buyers remain a dominant force in Vancouver’s high-end housing sales, though a recent survey by Statistics Canada found that foreign ownership in Metro Vancouver now represents less than 5% of all residential sales and 7.9% of condo purchases.

Check here for more details.

This is the most excited Canadians have been about real estate since 2009

With a new mortgage stress test finally here and interest rate hikes on the horizon, industry experts are predicting a slow start to the year for the Canadian housing market.

But Canadians don’t seem to have gotten the memo — in fact, they haven’t been this excited about the real estate market since the Great Recession.

Check here for more details.

Price of houses for sale in Cornwall to increase 2 percent in 2018

The average sale price for housing in Cornwall is expected to increase two percent this year, according to the 2018 Housing Market Outlook Report. Check here for more details. 

Jethro Seymour, one of the Top Toronto Real Estate Brokers, provides you with Canadian real estate news headlines (January 6th, 2018)

Picture: Sam Beasley

Leaside & Bennington Heights Sales Statistics for December 2017

Davisville Village Home Sales Statistics for December 2017

Find out what your home is worth here!

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

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info