Hello!  Here are Canada's headlines for real estate, today.

Canada's Real Estate Sector Remains Resilient

According to a press release from Business Examiner, "[t]he Canadian real estate industry is still performing well." 

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Has ‘fixing’ Canada’s mortgage market made it riskier?

According to Maclean's, "tighter lending rules will send borrowers into the ‘alternative lenders,’ posing a whole new set of hazards."

In the earlier October, "the Office of the Superintendent of Financial Institutions, the country’s banking regulator, introduced a new stress-test for banks to apply to borrowers." The change will have an impact the real estate market. The borrowers, who cannot "qualify for a mortgage at a traditional bank might try to get one from an alternative lender, such as Home Capital Group or Equitable Bank."

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Jethro Seymour, one of the Top Toronto Real Estate Brokers, provides you with Canadian real estate news headlines (October 29th, 2017)

Photo: Ferdinand Stöhr

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Jethro Seymour, Toronto Real Estate Broker.  Search Toronto's live MLS listing here.