Two Real Estate Stories in the News for Sunday, March 11, 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...
RBC issues warning over foreign money in real estate
Foreign money “distorting” the country’s biggest housing markets is bad for Canada, RBC’s CEO warned Tuesday.
Bloomberg Canada reported that at an RBC-hosted conference in New York March 6, David McKay said, “We do not need foreign capital using Canadian real estate as a piggy bank. If capital is coming in to sit in a home, unproductively, and is distorting your marketplace and the livelihood of your residents — no thank you.”
Check here for details.
As sales plunge, Canada’s housing market struggles to adjust to new mortgage rules
2018 hasn’t been kind to the Canadian real estate market so far — national home sales dropped steeply in January, and remained weak in February. According to a new report from RBC, it will be awhile before most markets get back on their feet.
Check here for details.
Photo:Scott Webb
Davisville Village Home Sales Statistics for February 2018
Leaside & Bennington Heights Home Sales Statistics for February 2018
Moore Park Home Sales Statistics for February 2018
Chaplin Estates Home Sales Statistics for February 2018
Rosedale Home Sales Statistics for February 2018
Lawrence Park Home Sales Statistics for February 2018