596249 4th Line, The Blue Mountains
Learn More
Do you want content like this delivered to your inbox?

Canadian Real Estate News Headlines (March 15th 2019)


Canadian Real Estate News Headlines (March 15th 2019)

Jethro Seymour

My sales career started in 1994 with publishing and media sales...

My sales career started in 1994 with publishing and media sales...

Mar 14 2 minutes read

Hello everyone. How are you?

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

Canadian Housing Slump Deepens With First Drop in Values in Decades

Canadian home values fell last year for the first time in three decades amid falling prices in some of the country’s priciest markets, even as debt burdens increased.

The value of residential real estate in Canada held by households dropped C$30 billion ($22.5 billion) in the fourth quarter to C$5.10 trillion, from C$5.13 trillion in the same quarter the previous year, Statistics Canada reported Thursday. The 0.6 percent decline is the first decrease in country-wide home values in data going back to 1990.

Read More

Looking For Toronto Midtown Listings?

Canada Real Estate Slowdown Hinting a Possible Recession

Following a decade of economic growth, forecasts predict that Canada is about to enter a phase of recession. The weak oil prices combined with household debt and a decline in residential real estate investment have prompted analysts to anticipate a slowdown in the years to come.

Read More

Canadian Mortgage Holders Are Paying Over 27% More Interest Than Principal

The Great Canadian real estate binge may be giving a few owners indigestion. Statistics Canada (StatCan) numbers show interest on mortgage debt reached a new high in Q4 2018. The spike is due to interest payments rising almost ten times faster than the pace of principal payments.

Read More

Selling Your Home? 

Get your home's value - our custom reports include accurate and up to date information.

Get Home Value

Jethro Seymour, Toronto Real Estate Broker, 

Looking for Houses for Sale in Toronto North York? Contact Me!

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info