Industry leaders are cautioning agents working Toronto’s west end, warning them about a seemingly ideal client intent on luring them to vacant properties.
Four months after having its hand slapped by TREB, this online brokerage is closing its doors.
WOW , CMHC is so on top of things, we ( I live in a small town in Alberta) all new this a year ago when they said Foreign investment wasn't causing a concern. With there big stash of cash and all there staff I wish they could do tell me something I don't know.How about some new approaches to Financing enviromental improvement in homes etc. Helping people finance development of secondary units in their homes to house family members etc.
Interesting the article doesn't talk about the value of the properties purchased compared to total value of properties purchased: Only the percentage ownership. I imagine those stats would show a far higher percentage for FI's. That would make this article misleading at best.
I am quite surprised by the numbers. I was thinking it was in the range of 20-30%. But that's my guesstimate. :P
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