Real Estate in the News

Posted by:

Real estate news stories that we’ve been following this week.

Stay up-to-date with all real estate news updated continually on our Facebook page.

Canadian Real Estate Association says September home sales down from August
The Canadian Real Estate Association said Thursday that home sales in September through its Multiple Listing Service were down 2.1 per cent compared with August. Also read “Home prices continue to grow“.

House prices in some GTA suburbs rising more quickly than Toronto: report
The biggest jump in the last quarter was in Richmond Hill and Vaughan. In those suburbs, prices went up 18.6 and 18 per cent compared to 17.1 per cent in Toronto.

Finance Canada closely monitoring shadow mortgage lenders, documents show
Documents obtained by The Canadian Press through Access to Information legislation indicate the unregulated mortgage market was among the topics discussed at a November meeting between the Finance officials, the Bank of Canada, the Canada Mortgage and Housing Corporation and other key players.

Stephen Poloz says Bank of Canada not responsible for record debt
The bank’s main job is to fight inflation — not clean up any messes in the consumer debt market.

Please forward or share these news articles with people you know will appreciate them.