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Three Real Estate Stories in the News for Wednesday January 24th, 2018

Jethro Seymour

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

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

Feb 9 2 minutes read

A cooling market, but not for long — what economists are saying about Canadian housing this month

Canadian home resales set a record high in December, with 551,700 units sold. That had economists scrambling to predict whether the trend would continue into the new year, or if industry watchers should brace for a cooling period. Check here for more details. 

Canada’s High Prices Are Organic, Spurred on by Local Buyers, Says Royal LePage Chief

Philip Soper, president and CEO of Canadian real estate brokerage firm Royal LePage and Brookfield Real Estate Services, sees luxury markets popping up all over Canada—from the big cities to the much smaller towns. Check here for more details.

Small Rate Hike, Big Impact On Canadian Real Estate Buyers

Canadian real estate buyers got hit with another quiet hurdle last week. The Bank of Canada (BoC) raised interest rates, and with it, up went the posted 5 year mortgage rate. Check here to see how that’s going to impact the borrowing patterns, and how much more it’s going to cost.

Picture: Brxxto

Leaside & Bennington Heights Sales Statistics for December 2017

Davisville Village Home Sales Statistics for December 2017

Find out what your home is worth here!

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

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