Canadian Real Estate News Headlines (May 20th 2019)
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I provide you with Canada’s news headlines for real estate news for today.
Ontario needs to take action to curb dirty money
When a house is on fire, you don’t “monitor” it. You sound the alarm and get to work to extinguish the blaze.
So what is the Ontario government doing in the face of alarming reports that billions of dollars of dirty money are being laundered through real estate transactions in the province each year?
How much time does it take to buy a home? (INFOGRAPHIC)
It’s generally accepted that buying a home is a time-consuming business – but how much time is consumed, exactly?
Canadian real estate website Zolo conducted a survey to find out how many hours on average buyers take in going through the whole process. That includes searching for homes online, driving around to go to open houses and research neighbourhoods, viewing homes in person, and spending time with real estate and financing professionals.
(Image Credit: Vancouver Courier)
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