Two Real Estate Stories in the News for Thursday, January 25th, 2018

Canadians’ Faith In Real Estate Fizzles As Toronto Sales Plunge

Canadians’ confidence melts down due to evidence of slowdowns in the Toronto area, where is Canada’s largest housing market.

According to the Bloomberg, Nanos consumer confidence barometer since they started survey in 2008, they were expecting house prices to increase in the upcoming six months but it fell to 45.8 percent from a high record of 50.1 percent just three weeks prior.

Check here for more details. 

Vancouver remains third least affordable global city: Demographia

For the third year in a row, Vancouver has ranked as the third least affordable city in the world in a Demographia report that analyzes home prices in nine countries around the world: Canada, the United States, Australia, China (Hong Kong), the United Kingdom, Ireland, Japan, New Zealand and Singapore.

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Leaside & Bennington Heights Sales Statistics for December 2017

Davisville Village Home Sales Statistics for December 2017

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Jethro Seymour, Toronto Real Estate Broker.  Search Toronto's live MLS listing here.