Canadian Real Estate News Headlines (July 17th 2019)

Hello everyone. How are you?

I provide you with Canada’s news headlines for real estate news for today.

Canadian Real Estate Sales Make A Small Gain, Weighed Down By Vancouver

After making a huge jump in May, Canadian real estate sales are slowing in growth again. Canadian Real Estate Association (CREA) numbers show an increase of less than a point in June. The increase was largely due to a jump in Southern Ontario, especially in Toronto. Lower Mainland was a drag on growth, with Vancouver’s numbers weighing down the national market.

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Toronto now ranked one of top three cities in North America for tech talent

Fuelled by government-funded start-up accelerators, welcoming immigration policies and a healthy venture capital market, Toronto is now rated number three in North America for tech talent, according to the CBRE Group Inc.’s annual report.

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Toronto ranked as the top city Canadians want to move to

With the real estate prices continuing to skyrocket in many Canadian cities, buying a home can feel out of reach for many.

Yet, homeownership is still a major goal for most, which is why a new survey from Finder, a personal finance comparison website, found that 54% of Canadians are willing to move cities in order to afford a home.

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