Two Real Estate Stories in the News for Wednesday, December 6th, 2017

Hello everyone,

Here are today’s Canadian real estate news headlines.

Tougher mortgage rules could shut out 50,000 potential home buyers a year: report

Tougher mortgage stress-testing rules could make it impossible for 40,000 to 50,000 Canadians to buy a home each year, driving down real estate sales and reducing the anticipated pace of new mortgage-lending growth, according to The Globe and Mail.

Check here for more details.

B.C. luxury property buyers turn to Mexico

According to Business in Vancouver, some Canadian-built development offers freehold ownership of beachfront homes. 

Check here for more details.

Davisville Village Home Sales Statistics for October 2017

Leaside & Bennington Heights Sales Statistics for October 2017

Find out what your home is worth here!

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