Three Real Estate Stories in the News for Sunday, December 31st, 2017
Here are today's Canadian real estate news headlines.
The highs and lows of Waterloo region's real estate market
There's been a lot of upheaval in Kitchener-Waterloo's real estate in 2017. CBC News has a timeline and recap of how the market did this year. You can check it here.
Canada’s housing risks haven’t gone away — they’ve just moved to the shadows
New rules that make it tougher to get a mortgage are driving borrowers to a lending market where there is less oversight and regulation. Check here for details.
Housing remains top concern for Big 6 banks heading into 2018
Analysts expect the regulation to dampen growth in the residential mortgage market – but say the big banks are already largely “on side” with the new rules, suggesting the Big Six should be able to maintain their overwhelming share of the mortgage market. And with Canada’s economy growing and its unemployment rate falling, most experts don’t anticipate a material drop-off in housing activity in 2018.
Check here for more.
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Jethro Seymour, Toronto Real Estate Broker. Search Toronto's live MLS listing here.