Canadian Real Estate News Headlines (March 29 2019)
Hello everyone. How are you?
I provide you with Canada’s news headlines for real estate news for today.
The Continued Cooling of Real Estate Markets across Canada
In March 2019, a marked decrease in demand is still being seen in major property markets across Canada. But although not all the country’s real estate may look like the best financial prospect right now—and life is clearly still tough for homebuyers here—it’s probably not a time to panic.
Canada Has a Money Laundering Problem It's Pledging to Fix
It’s long been known as “snow washing” -- dirty money circulated through Canada’s seemingly upright economy to emerge as pristine as the white cape blanketing the Rockies.
Prime Minister Justin Trudeau’s government is now acknowledging the problem and pledging to try and fix it.
Mortgage-holders unexpected beneficiaries of gloomy Canadian economy
We’re heading into spring real estate market, and mortgage rates are falling. Great news if you’re in the market for a mortgage, but the reason behind their drop is not so good for everyone involved.
Jethro Seymour, Toronto Real Estate Broker,
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