Do you want content like this delivered to your inbox?

Two Real Estate Stories in the News for Sunday, October 29th, 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 Real Estate Sector Remains Resilient

According to a press release from Business Examiner, "[t]he Canadian real estate industry is still performing well." 

Check here for more details. 

Has ‘fixing’ Canada’s mortgage market made it riskier?

According to Maclean's, "tighter lending rules will send borrowers into the ‘alternative lenders,’ posing a whole new set of hazards."

In the earlier October, "the Office of the Superintendent of Financial Institutions, the country’s banking regulator, introduced a new stress-test for banks to apply to borrowers." The change will have an impact the real estate market. The borrowers, who cannot "qualify for a mortgage at a traditional bank might try to get one from an alternative lender, such as Home Capital Group or Equitable Bank."

Check here for more details.

Jethro Seymour, one of the Top Toronto Real Estate Brokers, provides you with Canadian real estate news headlines (October 29th, 2017)

Photo: Ferdinand Stöhr

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