Real estate market news Aug 5th 2016
Could Montreal's real estate market be the next target for foreign investors? | CBC News
A new tax on foreign buyers in Vancouver has real estate agents predicting a spillover effect into other Canadian markets. But it's unclear if Montreal, consistently an outlier when it comes to national trends, will be among them.
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Average resale price of a GTA home jumped to more than $700,000 last month | CBC News
The Toronto Real Estate Board says the average resale price of a home in the Greater Toronto Area climbed to $709,825 last month, up more than 16 per cent compared to a year ago.
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How does Montreal maintain its enviably low rents?
As high costs in Toronto, Vancouver have bankers warning of a housing bubble, the country’s second-largest city is churning along with bargain rents
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Realtors scramble to close deals before 15% foreign tax deadline on Vancouver-area homes | CBC News
Real estate agencies, lawyers and notaries are scrambling to close the sale of homes across Metro Vancouver before the 15 per cent foreign buyer tax comes into effect Tuesday.
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