Tuesday 24 November 2015

Two housing markets' in Canada

  • Toronto, Vancouver see nearly 10% price gain    House prices are soaring in Toronto, Vancouver and Hamilton, but many other housing markets across Canada have moved into a prolonged period of stagnation, 
  • “There are now two housing markets in Canada,” National Bank Financial (NBF) economists Marc Pinsonneault and Krishen Rangasamy wrote in a client note Thursday.
    In the first housing market — Toronto, Vancouver and Hamilton — house prices are up nearly 10 per cent in the past year. In the second housing market — pretty much everything else — prices have largely stagnated, and are falling in some places.

Adnan Hashmi is Broker of Record Wolf Realty Inc.,Brokerage Experienced Realtor serving Peel,Halton,GTA Areas

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