Canadian Real Estate News Headlines (April 7th 2019)
Hello everyone. How are you?
I provide you with Canada’s news headlines for real estate news for today.
Canada’s major housing markets still at high risk of price drops, says IMF
Canada’s biggest real estate markets are still at high risk of a sudden home price drop, according to a new global report by the International Monetary Fund, published this week.
The risk of a major price correction has increased over the past few years to a level not seen since the 2008 financial crisis that caused the U.S. sub-prime housing crash.
Canadian employment steady in March
Employment in Canada edged down slightly in March from February following increases in the two prior months, according to seasonally adjusted numbers released today by Statistics Canada. However, in the first quarter of 2019, employment rose by 116,000.
Jethro Seymour, Toronto Real Estate Broker,
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