Three Real Estate Stories in the News for Saturday, March 10th 2018
Stable Canadian market attractive for investors
Canadian real estate will continue to attract strong investor interest, according to representatives from different sectors at the Real Capital conference at the Metro Toronto Convention Centre.
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CSA urges reforms to rules governing syndicated mortgages
Canadian securities regulators have released proposed changes to the rules governing syndicated mortgages in a bid to beef up transparency and consistency in the oversight of the growing sector.
Syndicated mortgages are investments that pool the funds of private lenders to finance real estate development projects. The mortgages are typically provided to borrowers who don't qualify for loans from conventional lenders.
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Toronto Home Builders Just Had Their Busiest February Since 1948
Toronto developers had one of their busiest months on record in February in another sign the condo market is alive and well in Canada’s biggest real estate market, even amid a broader slowdown.
Builders began work on 5,677 units during the month, most of them multiple-unit projects like condos, the Canada Mortgage and Housing Corp. said Thursday in Ottawa. That’s the strongest February, and the sixth-highest figure for any month, in records back to 1948.
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Picture: Tim Gouw
Davisville Village Home Sales Statistics for February 2018
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Leaside & Bennington Heights Home Sales Statistics for February 2018 from Jethro Seymo...
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Rosedale Home Sales Statistics for February 2018
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Lawrence Park Home Sales Statistics for February 2018 from Jethro Seymour, Top midtown Tor...