Real Estate News Headlines // September 1st 2016

Jethro Seymour, one of the Top Toronto Real Estate Brokers, provides you with Canadian real estate news headlines

Scotiabank CEO Brian Porter says the 15 per cent tax for foreign buyers of Vancouver real estate was the right move and an important one for the city.

As Prime Minister Justin Trudeau meets with China’s top leaders during an eight-day trip, a new poll shows growing Canadian support for free trade and closer economic ties with Asia.

If you’ve been following headlines over the summer, you might think Canada’s real estate market is on the edge of total meltdown.
One of the latest warnings came from a finance dude who traded for Lehman Brothers before they went bankrupt in 2008 (lol, right?); Jared Dillian told the Wall Street website Mauldin Economics that Canada’s housing market “is in extreme bubble territory,” adding, “I don’t see how it could get much worse.”

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