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Two Real Estate Stories in the News for Wednesday, November 7th, 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 folks. How's everyone today?

Here are Canada's real estate news headlines.

Report calls Vancouver most unaffordable real estate market in North America

A new study of the 50 most popular cities in North American shows that Vancouver has the most unaffordable housing market, according to Vancouver Sun. "The study, released by Point2 Homes on Monday, describes Vancouver’s 'insane affordability gap' and points out that its unaffordability exceeds that of Manhattan and San Francisco."

Check here for the details.

Average Montreal home prices reach record high in October, says real estate board

Montreal home prices hit a record, according to The Chronicle Herald. The average home prices in Montreal is almost $500,000 in October, "rising 12.7 per cent from the prior year, the area's real estate board said Monday."

The price of the single-family homes in the city and suburbs area increased 10 per cent to nearly $630,000. Condo units grew 14 per cent to over $370,000. The buildings with two to five units went up 15 per cent to $580,000.

Check here for the details.

Find out what your home is worth here!

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

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