Real Estate News Headlines (April 13th 2017)

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

Canada at risk of housing correction, Moody’s warns

According to The Globe and Mail,

Canada is one of four countries that have become most vulnerable to a possible housing correction, according to an analysis from Moody’s Investors Service.
The debt rating agency said Canada, Australia, New Zealand and Sweden are most exposed to a correction because of their rapid increases in house prices. A correction would have an impact on national economic growth in the four economies, Moody’s warned.

The detail is here.


BoC’s Poloz issues warning about speculation in Toronto housing market

According to The Globe and Mail,

Bank of Canada Governor Stephen Poloz has issued a warning about “unsustainable” speculation in the Toronto region’s housing market but says an interest-rate increase is not the solution to the problem.

The detail is here.


Calgary real estate industry hopes housing start uptick the beginning of a trend

According to CBC News,

New home construction in Alberta is still below pre-recession levels but there are indicators activity is starting to rebound, according to the latest data from the Canada Mortgage and Housing Corporation (CMHC).

The detail is here.


Toronto Midtown (Davisville, Leaside & Bennington Heights) Neighborhood News

Here are the latest local neighbourhood news

Follow me on social media!

Canadian Real Estate Headlines from Jethro Seymour, one of the Top Toronto Real Estate Brokers
Canadian Real Estate Headlines from Jethro Seymour, one of the Top Toronto Real Estate Brokers

Jethro Seymour, Toronto Real Estate Broker, Looking For Best Leaside Real Estate Listings? Contact Me!

Show your support

Clapping shows how much you appreciated Jethro Seymour’s story.