Real Estate News Headlines // September 20th 2016

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

An in-depth review of Canada’s anti-money laundering efforts has uncovered serious concerns that organized crime is using the country’s hot real estate sector to illegally funnel cash.
The report from the Paris-based Financial Action Task Force makes special note of real estate as an area of the economy with a high risk of illicit activity, one of a few weak spots in what the report calls a comprehensive federal regime to combat money laundering and terrorist financing.

http://www.fool.ca/2016/09/15/if-canadas-real-estate-bubble-bursts-what-happens-to-reits/

Pundits, analysts, and interested observers have all said the same thing about Canadian housing for years now: we’re in a bubble.

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