Hello everyone,

Here are today's Canadian real estate news headlines.

Greater Vancouver home sales climbed in November compared with a year earlier

Vancouver residential home sales jumped by about 26 percent in November compared with the same month a year ago, according to CTV News.

The Real Estate Board of Greater Vancouver claims that the number of sales is 17 percent above the 10-year average for the region in November.However, the sales dropped by 7.5 percent in November compared with October 2017, when just over 3,000 homes sold.

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Jethro Seymour, one of the Top Toronto Real Estate Brokers, provides you with Canadian real estate news headlines (December 5th, 2017)

Picture: Michael Tighe

Uninsured Mortgages On Canadian Real Estate Jump 17%

According to Better Dwelling, "Mortgage stress tests may have a larger impact on Canadian real estate than most expect. Numbers from the Office of the Superintendent of Financial Institutions (OSFI) show that the Big Six banks had a major decline in the number of insured mortgages in September. While those declined, the amount of uninsured mortgage debt has experienced explosive growth."

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Davisville Village Home Sales Statistics for October 2017

Leaside & Bennington Heights Sales Statistics for October 2017


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