Real Estate News Headlines // May 4th 2015

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

Global News

They were once rusting hulks relegated to junkyards.
Now shipping containers are being repurposed into stylish homes that developers plan to roll out in housing-crunched communities across Canada.
A three-storey development in Vancouver’s poorest neighbourhood uses just 12 of the millions of containers decommissioned after a life on the sea of five to 10 years.
What started as a pilot project on the Downtown Eastside is expanding in the city — and the same model is set to be stacked up in aboriginal communities in British Columbia, Alberta and Nunavut.

The Province

Metro Vancouver remains one of Canada’s hottest real estate markets with prohibitively high prices, but its probability of a market correction remains low, according to a new assessment by the Canada Mortgage and Housing Corp.

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