Canadian Real Estate News Headlines (April 6th 2019)
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I provide you with Canada’s news headlines for real estate news for today.
There's a full-fledged housing chill in Vancouver, but it hasn't reached Toronto, data shows
When it comes to housing markets, Vancouver and Toronto are poles apart. The March update on housing sales suggest signs of some stability in Toronto’s market, where almost the same number of units were sold in March 2019 as in March 2018.
Vancouver presents a different and more dismal picture. The number of transactions in greater Vancouver last month was down 31 per cent from the tally recorded in March 2018. Vancouver has not seen such a lacklustre March since 1986.
2019 begins with a new record for the Greater Montreal real estate market
According to the Royal LePage House Price Survey, the Greater Montreal Area showed continued vitality in the first quarter of 2019, recording the highest appreciation rate among Canada's three largest metropolitan areas at 5.5 per cent, reaching an aggregate year-over-year price of $406,332.
Jethro Seymour, Toronto Real Estate Broker,
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