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

Canada's real estate sector at high risk of money laundering, report warns | Toronto Star

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.

Video: Household debt could be a lot worse: real estate analyst

Does Canada's real estate sector risk being a hotbed for crime? - Macleans.ca

Review by Paris-based Financial Action Task Force makes special note of real estate as area of Canada’s economy with high risk of illicit activity