Canada’s Hottest Housing Markets: The Maritimes Rule (Yes, Really) - News Summed Up

Canada’s Hottest Housing Markets: The Maritimes Rule (Yes, Really)


That’s the broad view of Canada’s housing markets in a new comparison from Scotiabank, which found that things sure have changed in Canada’s housing markets since a policy-induced slowdown hit Toronto and Vancouver over the past few years. While both of those pricey cities are now in recovery mode, to one extent or another, they are no longer among the hottest housing markets in the country ― or, put another way, the places where buying a house is hardest. Watch: This Toronto house is going for less than a cup of coffee. Real estate agents in Halifax note increased interest in their housing market from abroad; in Moncton, realtors suggest an influx of people from other parts of Canada, as well as from abroad, is pushing the market up. Then it compares that ratio to its long-run average, to see how much more (or less) active a market is than normal.


Source: Huffington Post October 19, 2019 15:11 UTC



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