Condos fuel the strongest year in a decade for Canadian builders

The boom has surprised policymakers and analysts, most of whom began the year predicting the industry would be a drag on the economy, according to Financial Post. 

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This Canadian real estate market is burning up (Hint: It’s not Toronto)

By all accounts, 2018 will be a slower year for the Canadian housing market, as rising interest rates and new mortgage rules dampen the market. But while the rest of the country is cooling down, there’s one market that looks to be heating up. “Residential sales in 2018 will increase more significantly in the Montréal metropolitan area,” reads a recent report from the Quebec Federation of Real Estate Boards. “In 2018 we expect the increase to be in the order of 5 percent.”

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Picture: Al x

Leaside & Bennington Heights Sales Statistics for December 2017

Davisville Village Home Sales Statistics for December 2017

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