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Three Real Estate Stories in the News for Saturday, October 28th, 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 2 minutes read

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

Canada's housing market remains 'highly vulnerable': CMHC

According to BNN, "Canada Mortgage and Housing Corp. says the country's housing markets remain "highly vulnerable" with evidence of moderate overvaluation and price acceleration.

Markets in Toronto, Hamilton, Vancouver, Victoria and Saskatoon are highly vulnerable, the national housing agency said in its quarterly housing market assessment on Thursday."

Check here for more details.

One last gasp for the Canadian residential market as rule changes cloud 2018 outlook

According to Financial Post, " [r]ealtors are predicting a busy Christmas selling season as homebuyers rush to beat the latest deadline designed to further cool the market."

Check here for more details.

Jethro Seymour, one of the Top Toronto Real Estate Brokers, provides you with Canadian real estate news headlines (October 28th, 2017)

Photo: Maarten van den Heuvel

Here’s what’s attracting Chinese buyers to Canadian real estate despite foreign-buyer taxes

According to BuzzBuzzNews, "[e]ducational opportunities are driving Chinese homebuyer inquiries for Canadian properties, despite foreign-buyer taxes in two of the nation’s hottest housing markets.

Last year, over 132,300 Chinese students were enrolled in Canadian schools and colleges, up 10 per cent compared to 2015, according to Juwai.com.

China was the biggest source of international students in Canada in 2016, where they represented roughly 32 per cent of all international students."

Check here for more details. 

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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