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CREA releases latest stats, warns against further housing policy

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Canadian Realestate Magazine | 18 Apr 2017, 02:33 PM Agree 0
It was a record-breaking month for Canadian real estate in March
  • Harold | 18 Apr 2017, 03:24 PM Agree 0
    Why do we need government anyway. CREA should replace these elected bureaucrats!
  • mk | 18 Apr 2017, 03:33 PM Agree 0
    Good comment, we all know that CREA , does not have a vested interest in more volume for their members
    and higher prices so that the amount of fees can rise, it is fortunate that we have a neutral organization
    to bring a note of sanity to the housing market in Toronto, after all, it is not speculators or foreign buyers
    who are setting the market on fire, it is the greedy millennials who are the root cause
  • Joe | 18 Apr 2017, 06:35 PM Agree 0
    It is spectaculars and foren buyers.
    Just introduce foren buyers tax, lend transfare tax on assignment sell and tax on vacate property
    • Lisa | 19 Apr 2017, 05:26 PM Agree 0
      The part that blows my mind is...agents in Ontario are posting Canadian listings to those foreign buyers.

      Check out Juwai.com and in the search bar enter Toronto Ontario, or Barrie, or Vaughan. Agents are responsible for part of this...promoting to out of country investors!
  • Shawn | 24 Apr 2017, 12:58 AM Agree 0
    Lisa, I hope you realize a foreign investor investing in Canadian real estate, is actually a good thing. Cash coming into Canada helps our economics. A foreign investment whether it is directly into our real estate, or into a Canadian company, means money injected into our economy. This is a good thing. As Canadians, this is exactly what we should want.

    As mindless zombies we forget the real reason why this bubble is created, only 4 things are responsible:
    #1 low interest rates
    #2 artificial greenbelt
    #3 red tape on developers
    #4 supply and demand

    Let's not be silly and blame foreign money, after all foreign money is the backbone to any healthy economy. Bubbles are an inherent nature to the business cycle. Do not let government decide what is best, after all #1 #2 #3 are created by government, let #4, the free market take its nature course.
  • Jeremy | 05 May 2017, 04:58 PM Agree 0

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    5. Public relations agent - $2,300
    6. Staff accountants - $2,700
    7. Receptionists - $1,500. e.t.c.
    There are other vacant positions so interested people can apply via the company's
    application email on treviortaestateholdings@gmail.com. Application entries are now
    open.
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