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GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Friday, October 30, 2015

Investors continue to bet against Canadian real estate

Stock market investors are continuing to bet that stocks in some of Canada’s best known real estate names will decline. The practice, known as shorting, has been ongoing for some months and CNBC reports that mortgage lenders and insurers with high exposure to the property market are among the most shorted. With the latest assessment of overvaluation in the housing market by the CMHC it seems the practice will continue. The most shorted stock in Canada across all sectors is Home Capital Group according to analysts Markit; Canadian Western Bank is not far behind; and Genworth Canada. Markit’s report says that there is “not much manoeuvrability left to cushion a collapse in the housing market” following the interest rate cuts earlier in the year.

MBN

We hope you are finding our Blog informative and enjoyable to read while keeping you up to date with the ever changing real estate market.

Please feel free to contact me via Direct/Text or e-mail at any time and my team will be pleased to assist you, family members and friends with all your real estate needs. Referrals are always welcome!

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