Two Real Estate Stories in the News for Wednesday, February 7th 2018

Foreign buyers' influence on Toronto and Vancouver housing markets is rising: report

In Toronto and Vancouver, non-permanent residents represented nearly 10 percent of buyers under the age of 25 who were issued mortgages in 2016, suggesting some “may be receiving parental support,” according to a report from the Canada Mortgage and Housing Agency.

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Canada Sees A Decline Of Wealthy Immigrants In 2017

Global wealth migration is accelerating, but traditional winners of the migration are losing. Analysts at New World Wealth (NWW), a firm that tracks the trends of high net-worth individuals, observed an increase of movement of wealthy families. Despite the increase, top destinations for wealthy immigrants are seeing a decline. This decline of wealthy immigrants was especially pronounced in Canada.

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Picture: Illia Cherednychenko

Leaside & Bennington Heights Sales Statistics for January 2018

Davisville Village Home Sales Statistics for January 2018

Moore Park Sales Statistics for January 2018

Lawrence Park Sales Statistics for January 2018

Rosedale Home Sales Statistics for January 2018

Chaplin Estates Sales Statistics for January 2018

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