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Canadian Real Estate News Headlines (November 12, 2018)

Share

Canadian Real Estate News Headlines (November 12, 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...

Nov 11 2 minutes read

Hello everyone. How are you?

I provide you with Canada’s news headlines for real estate news for today. 

BoC: Canadian Real Estate Affordability Improved This Year

Try not to pull something laughing. Canadian real estate became slightly more affordable this year. The Bank of Canada (BoC) published their update to the Housing Affordability Index (HAI) for Q2 2018. The update shows the cost of ownership declined slightly from last year. Despite the good news, the cost of ownership is still at one of the highest points in Canadian history.

The details can be found here


Montreal real estate: House prices likely to climb through 2020, CMHC says

The boom in condos and multi-family rental buildings will also continue. In other words our housing hot streak shows no sign of cooling.

The details can be found here.


Real estate forecast anticipates 2019 sales to edge up after 2018's fall

Tighter mortgage rules and higher interest rates have dented buying power, but health of the economy backs higher demand.

The details can be found here.

 


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Jethro Seymour, Toronto Real Estate Broker, Looking For Toronto Leaside Houses for sale? Contact Me!

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