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Real estate market news Aug 11th 2017

Why Canada’s new-housing market is still strong despite plunging resales

Canada’s resale market is undergoing a cooling period amid a slowdown in the Greater Toronto Area, but the nation’s new-construction segment is still going strong — and it has a lot to do with pricing, suggests Scotiabank.

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Investors cool on Canadian banks, turn to insurers, amid housing fears

Investors are losing enthusiasm for Canada's banking stocks as a slowdown in the country's housing market dents banks' growth prospects

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Condo sales spiked 46% in July

Laval condominiums continued to change hands at a feverish pace in July. The Greater Montreal Real Estate Board reported that total sales were up 46 percent over the same month

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