Real estate market news Mar 24th 2017

Toronto’s luxury real estate market is also a global leader for rent surges
Luxury rents in 2016’s fourth quarter in Toronto surged 8 per cent over the same period last year, according to Knight Frank’s Prime Rental Index.
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Canadians are worrying about debt all wrong: CIBC - National | Globalnews.ca
The debt-to-income ratio is "probably the most useless economic indicator out there."
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'Unprecedented uncertainty' in high-end real estate; Montreal rises modestly
Montreal saw sales of $1-million-plus homes climb 13 per cent year-over-year in the first two months of 2017 to 99 properties.
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Mortgage gap created by the posted rate leaves homebuyers with a decision to make
A new requirement that has disrupted the lending world is the stipulation that consumers now qualify based on the Bank of Canada posted rate for a five-year…
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