Real Estate News Headlines // October 27th 2015

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

Canada Mortgage and Housing Corp. issued a dim forecast for the housing market for the next two years on Monday, predicting dismal price growth — but at least one economist thinks the Crown corporation’s numbers may be off in Canada’s most significant market.

Call it the Trudeau halo effect.
Only days after incoming Prime Minister Justin Trudeau won a surprise majority in Canada’s federal election, consumers have become more hopeful about the country’s economy. For the first time this year, more Canadians are optimistic about the outlook than pessimistic, polling conducted last week by Nanos Research shows.

Jethro Seymour, Davisville Real Estate Broker at Royal LePage RES Ltd., Johnston & Daniel Division