Three Real Estate Stories in the News for Thursday, April 26th, 2018
Jethro Seymour
Sell your home faster and for more money with the Seymour Real Estate Team. I started my sales career in 1994 with publishing and media sales...
Sell your home faster and for more money with the Seymour Real Estate Team. I started my sales career in 1994 with publishing and media sales...
Canadian Mortgage Defaults Haven’t Been This Low Since 2006
Canadian real estate borrowers are paying their mortgages at a near record pace. Filings with theCanadian Bankers Association (CBA) for the first quarter, show mortgages in arrears have fallen to new lows. The largest markets of Ontario and BC are just off of record lows. That sounds like great news, but more often is a sign of an overly liquid market.
Check here for more details.
Bidding wars intensify as Ottawa homebuyers hit perfect storm
Houses in Ottawa's hottest neighbourhoods are selling at record prices as buyers compete in a market plagued by a shortage of resale homes. That shortage, combined with growing demand and a shift among realtors toward a more aggressive sales strategy, is creating ideal conditions for bidding wars the likes of which the capital has never seen.
Check here for more details.
Canadians' support for housing measures, stress tests remains high – poll
The results of the latest study conducted by real estate information portal Zoocasa revealed that consumer support for government measures that address the impact of foreign buyers on Canadian real estate prices remains high.
Check here for more details.
Picture: Armando Arauz
Davisville Village Home Sales Statistics for March 2018
Leaside & Bennington Heights Home Sales Statistics for March 2018